Efinity (EFI)

3.87 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

4102738>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

250760122>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

609,638,603.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

2,000,000,000.00
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

2,000,000,000.00
Low High
Contract
Website
Explorers
Social Media
Tags
Week Month Year All Time
High

Jan 19 2023

0.083262554997
49.39%

Jan 18 2023

0.084741102099
46.78%

Apr 01 2022

0.588878828372
-78.88%

Aug 04 2021

-96.06%
Low

Jan 19 2023

0.083262554997
49.39%

Jan 07 2023

0.072582702565
71.37%

Jan 07 2023

0.072582702565
71.37%

Nov 14 2022

88.23%

Market

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score

Historical Data

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Coin
Efinity
Comments

Coin Info

Efinity is a cross-chain NFT platform that was built on Polkadot and made by Enjin. According to the project, Efinity was made to be the next generation of blockchain for digital assets. It was made to deal with the challenges of the world of non-fungible tokens.

The NFT space is where the Efinity project is best at what it does. Traders and gamers can use the protocol to make, distribute, move, sell, and buy NFTs. Efinity wants to make it easier for people to get into the NFT/decentralized gaming space and to make the user experience and the management of digital assets easier.

The Efinity Token runs the whole Efinity ecosystem. EFI wants to make it easier to make, move, and buy tokens by using an inter-chain infrastructure of protocols. This will lead to lower transaction fees. As for incentives, on Proof-of-Work (PoW) blockchains with Non-Fungible Token (NFT) functionality, miners who make and trade tokens, forming a community, get paid.

One of Efinity's long-term goals is to become a hub for both fungible and non-fungible tokens. This means that it will accept tokens from any other chain, make it easier to price and trade NFTs, increase the number of transactions, and create network effects.

The project won the Polkadot parachain auction in December 2021, and Enjin launched their flagship parachain, Efinity, on the Polkadot Relay Chain in March 2022. The Polkadot Relay Chain is a blockchain platform that gives people control over their data and identity on a decentralised parachain network.

To know more about the Efinity token price prediction, install the top cryptocurrency app CoinGabbar today!

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