$250,000 Raised Rapidly in NFTFN’s Presale, Stage 2 Likely To Sell Out in a Blink

8 months ago 3

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NFT Finance (NFTFN), a pioneer in the web3 fintech space, recently concluded the first stage of its token’s presale. Crypto investors rapidly bought up 10 million NFTFN tokens in record time, raising $250k for the project. As we head into the second quarter of 2024, the second stage of NFTFN’s presale is live, where 25 million tokens are available for just $0.03.

The stellar success of NFTFN’s initial presale is expected to be continued in the second stage of the presale. Crypto pundits believe that the growing popularity of NFTFN and the bullish momentum in the crypto market will encourage investors to commit significant capital to the second presale round, selling it out in a blink.

Decoding NFTFN’s Hype

NFTFN’s unique selling propositions and sound fundamentals have caught the attention of crypto analysts and experts. Its innovative solutions for the problems surrounding the non-fungible token (NFT) market have made it one of the most promising altcoins to emerge this year.

Leading the charge is NFTFN’s flagship product, SuperNova (SNV), a revolutionary decentralized exchange (DEX) that offers a wide range of assets like NFT perpetuals, Ordinals, Crypto, Real-World Asset (RWA) perpetuals, etc. With as little as $10, SNV offers exposure to blue chip NFT collections like BAYC, MAYC, Azuki, Doodles and CloneX.

NFTFN’s Growth Potential In 2024

Retail investors and crypto whales are currently lining up to participate in the second stage of NFTFN’s presale, where the project will raise $750k. NFTFN’s price will benefit from outside factors like the bullish momentum in the crypto market and the upcoming Bitcoin Halving Event, both of which are expected to act as a catalyst for the token.

The market capitalization of the NFT space was estimated at $10 billion last year. By the end of the decade, the NFT market is projected to reach a whopping $230 billion. Given its NFT-centric nature, NFTFN will capitalize on the explosive growth of NFTs and witness a significant surge in its value.

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Tokenomics and Backing

The NFTFN team has prioritized long-term stability of its tokens by allocating only 20.3% of the supply for public sale. This will not only help control the circulating supply, but also limit short-term volatility of the token. Additionally, the team has allocated 5% of the supply for liquidity provisioning.

NFTFN has raised $500k from a list of impressive investors that includes Polygon, Dapps, Chingari and Alpha Wave Global. The project also boasts strategic partnerships with Binance Smart Chain (BSC), Google Cloud, OpenSea, etc.

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