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9 months ago
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ARTICLE AD BOX
The post Which Crypto to Buy Now? Analyst Weighs in on PEPE, Shiba, or NFTFN appeared first on Coinpedia Fintech News
There are always new cryptocurrencies that promise users huge returns on their investments. One that shines bright is NFTFN, which is expected to be the upcoming unicorn in 2024.
While NFTFN is an exciting prospect, we’d be wise to consider others too. Tokens like PEPE and Shiba have plenty going in the background.
Take PEPE for instance. It’s a meme based token with a vibrant community and meme-inspired artwork. Shiba Inu coin on the other hand is known for its decentralized ecosystem and meme-centric branding.
The NFT market had a trading volume of more than $25 billion last year but the illiquidity of the market makes it devoid of true functionality. That’s where “NFTFN” comes in – by creating a system that allows people to use these NFTs as collateral for lending, borrowing, yield generation, NFTFN is at the helm of revolutionizing how people interact and trade with NFTs.
Let’s find out how NFTFN can dominate and drive the market towards achieving this vision.
A Whole New Frontier
One of the biggest problems with the NFT market is that there’s no way to make them liquid without sacrificing ownership. And while some platforms have attempted to solve this issue, none have been successful so far.
However, NTFN has developed software that could finally be a game-changer. This software will convert an owner’s tokenized assets into fungible ERC-20 tokens. They can then distribute those tokens amongst liquidity pools or even use them as collateral for borrowing activities.
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By doing this, we will unlock billions of trapped value within these unique pieces of art or music.
With partnerships with major platforms like OpenSea already in place, NFTFN is confident that they’ll be able to onboard users from day one!
Eating the DeFi Lunch
With NFTFN’s core lending, borrowing, and staking functionality, the platform is rapidly evolving to capture the full NFTi opportunity:
- Advanced isolated lending pools and yield optimization strategies, attracting huge liquidity.
- NFT options, derivatives, and insurance products, massively expanding NFTFN’s product suite.
- Getting decentralized governance through the $NFTFN operational, putting protocol decisions in the hands of token holders.
Unreal Presale Prices that Can’t Be Beaten
The smartest money is already positioning, with the likes of Polychain Capital and Multicoin Capital aggressively backing NFTFN’s vision. Now is the time for risk-tolerant investors to take a hard look before the masses pile in.
With a complete lack of competition, an ingenious product roadmap, and market fundamentals lined up perfectly, NFTFN has all the ingredients of the next explosive growth story. Don’t miss out.
Discover the Most Exclusive Presale Opportunity of 2024 Now:
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