The recent boom in the cryptocurrency market has been considerably profitable for traders and investors. While most mainstream cryptocurrencies have performed well, some including Cardano (ADA) and Ripple (XRP) have struggled to yield favorable results over the past week. This has prompted ADA and XRP investors to reconsider their holdings and explore other altcoins like NFT Finance (NFTFN) that have demonstrated better growth potential.
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Why Investors Are Dumping ADA & XRP
Data from CoinMarketCap shows that Cardano has experienced considerable volatility over the past week, sinking as low as $0.60. While ADA’s price has since recovered to $0.65, its daily trading volume has emerged as another alarming metric. Cardano’s daily trading volume has gone from $771 million to $512 million in one week, marking a 33% decline.
Meanwhile XRP’s value has taken a 2.8% hit over the past week, along with a decline of over $1 billion in its trading volume. XRP is currently trading at $0.63, with a daily trading volume of $1.7 billion. Similar to ADA, XRP is also losing investors to lucrative altcoins like NFTFN.
NFTFN Presale
NFTFN is a leading web3 fintech firm offering innovative solutions for the problems surrounding the non-fungible token (NFT) market. Leading the charge is its flagship product, SuperNova (SNV), a revolutionary decentralized exchange (DEX) that offers access to a wide range of assets including Blue-Chip NFTs, Ordinals, Crypto, and Real-World Assets (RWAs)
Crypto enthusiasts and investors are currently lining up to participate in NFTFN’s highly anticipated presale, where the token is available for just $0.025 (supply limited to 1 billion). NFTFN’s unique selling propositions and strong foundation has prompted crypto pundits to paint a bright picture for its future.
Growth Potential
NFTFN’s presale offers investors a chance to participate in the NFT market, which is consistently growing in terms of popularity and reach. The NFT space currently boasts a market capitalization of around $10 billion. That valuation is projected to reach a whopping $230 billion by 2030. NFT-centric projects like NFTFN are well positioned to benefit from this explosive growth.
Crypto experts have also lauded NFTFN’s well-planned tokenomics, which prioritizes long-term stability of the token. This innovative project has raised over $500k from the likes of Polygon founder Sandeep Nailwal. NFTFN has also forged strategic partnerships with industry leaders, including Binance Smart Chain (BSC), OpenSea, Google Cloud Platform, and BitsCrunch among several others.
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