This unique offering allows users to tokenize their NFTs into vouchers, making it easier to trade or leverage them in financial transactions. This system adds a layer of flexibility and liquidity to NFTs, which are traditionally considered illiquid assets. The total crypto market volume over the last 24 hours is $156.7B, which makes a 10.79% decrease. The total volume in DeFi is currently $9.35B, 5.96% of the total crypto market 24-hour volume. The volume of all stable coins is now $142.38B, which is 90.86% of the total crypto market 24-hour volume.
More about Hurricane NFT
As with any cryptocurrency or digital asset, potential participants are advised to conduct thorough research and consider the inherent risks before engaging with the platform. Hurricane NFT is the 1st DAO-based cross-chain NFT market & NFTFi platform on Avalanche. The 3 main features are cross-chain NFT market, NFT Voucher, and NFTFi services such as NFT fragmentation, lending, and options. By holding or staking Hurricane NFT governance token (NHCT), users can participate in the growth of Hurricane NFT and benefit from it, including fee discounts, dividends from platform fees, etc. Developed by HurricaneSwap and supported by the Avalanche ecosystem, Hurricane NFT will be a new challenger to OpenSea. Price volatility has long been one of the features of the cryptocurrency market.
2021 is widely known as the year that non-fungible tokens (NFT) became mainstream after an influx of celebrities and high-net-worth individuals entered the space. As a result of widespread adoption, the industry recorded a volume of approximately $25 billion by the end of 2021, up from $94.9 million in 2020. We calculate our valuations based on the total circulating supply of an asset multiplied by the currency reference price. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. By fragmenting NFTs, collectors would help increase the sustainable liquidity of the NFT market.
Who Created the Hurricane NFT?
- To overcome this problem, a new type of cryptocurrency tied in value to existing currencies — ranging from the U.S. dollar, other fiats or even other cryptocurrencies — arose.
- We calculate the total cryptocurrency market capitalization as the sum of all cryptocurrencies listed on the site.
- In doing so, Hurricane NFT will position itself as a platform for NFT enthusiasts, collectors, and users.
- Cross-chain interoperability will eliminate the hassle of moving NFTs across different blockchains, allowing users to save time and costs.
- As with any cryptocurrency or digital asset, potential participants are advised to conduct thorough research and consider the inherent risks before engaging with the platform.
Hurricane NFT aims to offer users a high-performance, low slippage, low-cost, and seamless cross-chain trading experience for NFTs. The project achieves this feat by leveraging cross-chain technology to combine NFTs with decentralized finance (DeFi) liquidity. The project then integrates the NFT trading market into the DEX and liquidity engine network. One of the standout features of Hurricane NFT is its NFT Voucher system.
Hurricane NFT Markets
The most experienced and professional traders often choose to use the best crypto API on the market. Our API enables millions of calls to track current prices and to also investigate historic prices and is used by some of the largest crypto exchanges and financial institutions in the world. CoinMarketCap also provides data about the most successful traders for you to monitor. We also provide data about the latest trending cryptos and trending DEX pairs. Holders of the Hurricane NFT governance token, NHCT, are afforded the opportunity to actively participate in the platform’s development and governance. The Hurricane NFT Market DAO members will vote on proposals for future development, cross-chain NFT publishing, and marketing activities, among other issues.
When asset prices move quickly in either direction and the market itself is relatively thin, it nhct crypto can sometimes be difficult to conduct transactions as might be needed. To overcome this problem, a new type of cryptocurrency tied in value to existing currencies — ranging from the U.S. dollar, other fiats or even other cryptocurrencies — arose. These new cryptocurrency are known as stablecoins, and they can be used for a multitude of purposes due to their stability.
The first breakout use was for art, with projects like CryptoPunks and Bored Ape Yacht Club gaining large followings. We also list all of the top NFT collections available, including the related NFT coins and tokens.. We collect latest sale and transaction data, plus upcoming NFT collection launches onchain. NFTs are a new and innovative part of the crypto ecosystem that have the potential to change and update many business models for the Web 3 world. The world of crypto now contains many coins and tokens that we feel unable to verify.
