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Efinity Token

Efinity Token priceEFI

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EFI
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USD
1 EFI = 0.09848 USD
Last updated 2024-05-20 03:05:35(UTC-0)

Efinity Token price live data summary

The live price of Efinity Token is $0.09848 per (EFI / USD) today with a current market cap of $8.56M USD. The 24-hour trading volume is $0.00 USD. EFI to USD price is updated in real time. Efinity Token is -0.24% in the last 24 hours. It has a circulating supply of 86,915,140 .

What is the highest price of EFI?

EFI has an all-time high (ATH) of $3.37, recorded on 2021-08-04.

What is the lowest price of EFI?

EFI has an all-time low (ATL) of $0.03835, recorded on 2023-06-10.

Efinity Token price prediction

Set your prediction

What will the price of EFI be in 2025?

Based on EFI's historical price performance prediction model, the price of EFI is projected to reach $0.1351 in 2025.

What will the price of EFI be in 2030?

In 2030, the EFI price is expected to rise by +5.00%. By the end of 2030, the EFI price is projected to reach $0.2143, with a cumulative ROI of +117.64%.
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Efinity Token price performance in USD

24h7d30d90d1yAll-time
-0.24%+1.02%+0.12%+0.80%+92.47%--

Efinity Token price history in USD

TimeLowHigh
24h$0.09832$0.09870
7d$0.09738$0.09877
30d$0.09713$0.09971
90d$0.09713$0.1032
1y$0.03835$0.1032
All-time$0.03835(2023-06-10, 345 days ago )$3.37(2021-08-04, 2 years ago )

Efinity Token market information

Market cap
$8,559,632.13
-0.24%
Fully diluted market cap
$196,965,276.01
-0.24%
Volume (24h)
--
0.00%
Market rankings
Circulation rate
+4.00%
24h volume / market cap
0
Circulating supply
86,915,140 EFI
Total supply / Max supply
2B EFI
2B EFI

Efinity Token ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

Efinity Token Social Data

In the last 24 hours, the social media sentiment score for Efinity Token was 3, and the social media sentiment towards Efinity Token price trend was Bullish. The overall Efinity Token social media score was 0, which ranks 2355 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Efinity Token being mentioned with a frequency ratio of 0%, ranking 2355 among all cryptocurrencies.

In the last 24 hours, there were a total of 7 unique users discussing Efinity Token, with a total of Efinity Token mentions of 0. However, compared to the previous 24-hour period, the number of unique users decrease by 22%, and the total number of mentions has decrease by 100%.

On Twitter, there were a total of 0 tweets mentioning Efinity Token in the last 24 hours. Among them, 0% are bullish on Efinity Token, 0% are bearish on Efinity Token, and 100% are neutral on Efinity Token.

On Reddit, there were 1 posts mentioning Efinity Token in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% . Additionally, there were 0 comments mentioning Efinity Token. Compared to the previous 24-hour period, the number of mentions decrease by 0%.

Visão geral das redes sociais

Average sentiment(24h)
3
Social score(24h)
0(#2355)
Social contributors(24h)
7
-22%
Social mentions(24h)
0(#2355)
-100%
Social dominance(24h)
0%
Twitter
Tweets(24h)
0
0%
Twitter sentiment(24h)
Bullish
0%
Neutral
100%
Bearish
0%
Reddit
Reddit score(24h)
2
Reddit posts(24h)
1
0%
Reddit comments(24h)
0
0%

About Efinity Token(EFI)

What Is Efinity Token?

Efinity Token, or EFI, is a forward-looking blockchain project built on the Polkadot network, focusing on digital assets, particularly non-fungible tokens (NFTs). It aims to provide a modern, developer-friendly NFT experience, addressing the need for improved infrastructure and tokenization in the blockchain space. Efinity stands out in the crowded blockchain ecosystem by prioritizing NFTs and various kinds of token production and transfers, while keeping transaction fees in the background. This approach enhances the user experience by shifting the focus away from the complexities of transaction fees, thereby encouraging more transactions and user engagement on the platform.

Resources

Whitepaper: https://enjin.io/whitepaper

Official Website: https://enjin.io/

How Does Efinity Token Work?

Efinity operates as a Polkadot-based fourth-generation blockchain, leveraging the latest technology to unite NFT creators, traders, and collectors in a secure and responsive environment. The platform's design simplifies the most common NFT processes, such as creation and transfer, and addresses issues like high fees and developer restrictions. Efinity's universal smart contract framework ensures efficient execution of contracts within the Polkadot ecosystem, enabling developers to create diverse decentralized applications (Dapps) across various parachains.

The network's interoperability is a key feature, allowing seamless communication and value transfer between different blockchain networks. This is achieved through advanced cross-chain bridge protocols, making Efinity a hub for a wide range of digital assets. The Efinity Marketplace serves as a central point for trading tokens and NFTs, fostering a vibrant community of users who can also participate in the network's governance. Additionally, EFI token holders can earn rewards through various means, including staking EFI tokens, which offers passive income opportunities.

What Is EFI Token?

EFI, the Efinity Token, is the primary utility token of the Efinity network. It is used for a range of purposes, including paying transaction fees, purchasing assets, staking, and participating in governance. With a maximum supply of 2 billion tokens, EFI tokens are distributed to reward network participants for their contributions to network maintenance, transaction processing, and development.

What Determines Efinity Token’s Price?

The price of Efinity Token (EFI) is influenced by a combination of factors typical in the cryptocurrency and blockchain markets. Firstly, market demand and supply play a pivotal role. EFI's maximum supply is capped at 2 billion coins, creating a scarcity that can drive up the price as demand increases. Demand for EFI is closely tied to the adoption and usage of the Efinity platform, especially in the burgeoning NFT market. As Efinity continues to attract developers, creators, and users for NFT creation, trading, and other blockchain activities, the increased usage of EFI for transactions, staking, and governance can lead to a higher demand for the token.

Another key factor is the overall performance and development progress of the Efinity network. As a project built on the Polkadot network, Efinity's advancements in solving key issues like interoperability, transaction fees, and user experience directly impact investor and user confidence, thereby influencing EFI's price. Technological upgrades, successful partnerships, and integration with other blockchain ecosystems can lead to positive market sentiment, driving up the token's value. Additionally, the broader market trends in the cryptocurrency and blockchain industry, including regulatory changes, investor sentiment, and technological advancements, also significantly affect EFI's price. As the crypto market is known for its volatility, these external factors can lead to rapid and substantial price fluctuations.

For those interested in investing or trading Efinity Token, one might wonder: Where to buy EFI? You can purchase EFI on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

How to buy Efinity Token (EFI)

Buying Efinity Token on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy Efinity Token (EFI) .

Trade EFI perpetual futures

After having successfully signed up on Bitget and purchased USDT or EFI tokens, you can start trading derivatives, including EFI futures and margin trading to increase your income.

The current price of EFI is $0.09848, with a 24h price change of -0.24%. Traders can profit by either going long or short onEFI futures.

Join EFI copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or EFI tokens, you can also start copy trading by following elite traders.

Efinity Token news

See more
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BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals

Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.

Coindesk2023/12/18 21:31
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Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

Coindesk2023/11/16 08:00
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Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

Coindesk2023/07/25 12:47
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Bitcoin Inscriptions Not a Fading Trend | Crypto Daily Digest Sep. 8

While Bitcoin NFT sales have declined, Ordinals inscriptions continue rising.

TokenInsight2023/09/08 13:49
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Friend.tech Gaining Momentum | Crypto Daily Digest Aug. 22

The latest update you need to know about Friend.tech

TokenInsight2023/08/22 15:31

People are also inquiring about the price of Efinity Token.

What is the current price of Efinity Token?

We update our Efinity Token to USD price in real time. Get the live Price of Efinity Token on Bitget.

What is the 24 hour trading volume of Efinity Token?

Over the last 24 hours, the trading volume of Efinity Token is $0.00.

What is the all-time high of Efinity Token?

The all-time high of Efinity Token is $3.37. This all-time high is highest price for Efinity Token since it was launched.

Can I buy Efinity Token on Bitget?

Yes, Efinity Token is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Efinity guide.

Can I get a steady income from investing in Efinity Token?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Efinity Token with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
Cryptocurrency investments, including buying Efinity Token online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Efinity Token, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Efinity Token purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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EFI is available for trading on the Bitget Exchange, and can be held in custody on Bitget Wallet. Bitget Exchange is also one of the first CEX platforms to support EFI trades.
You can trade EFI on Bitget.

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