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About TokenFi(TOKEN)
What Is TokenFi?
TokenFi is a crypto and asset tokenization platform launched by Floki, designed to tap into the burgeoning trillion-dollar tokenization industry. As the world moves rapidly towards a decentralized financial ecosystem, tokenization stands out as a transformative force, with projections indicating its potential to become a $16 trillion industry by 2030. Recognizing this immense potential, BlackRock, the world's largest institutional investor, has dubbed tokenization as "the next evolution in markets." TokenFi is poised to simplify the intricate process of crypto and asset tokenization, with an ambitious goal to establish itself as the premier tokenization platform globally.
Resources
Official Documents: https://wiki.polygon.technology/docs/pos/assets/pol/
Official Website: https://tokenfi.com/tokenfi
How Does TokenFi Work?
TokenFi's primary objective is to streamline and demystify the tokenization process, making it accessible and efficient for users. TokenFi is designed to cater to the needs of the tokenization industry, targeting sectors like Real World Assets and Launchpad. To ensure liquidity and facilitate trading, an initial 10% of the token supply will be added to prominent decentralized exchanges, Uniswap and PancakeSwap. Furthermore, to maintain a balanced ecosystem, TokenFi's supply will be evenly distributed between the BNB Smart Chain and Ethereum chains, with each chain holding 5 billion tokens, culminating in a total supply of 10 billion tokens.
What Is TOKEN Token?
TOKEN is the native token of the TokenFi platform. It has a total supply of 10 billion tokens, with an equal split across BNB Smart Chain and Ethereum, meaning 5 billion tokens are allocated to each chain. To ensure a fair distribution and incentivize participation, FLOKI stakers will be rewarded with 56% of the total token supply over a span of four years. This strategic move not only underscores the potential of TokenFi but also aims to bolster the stability of the FLOKI token, given the strong and committed nature of the Floki community.
What Determines TokenFi's Price?
In the dynamic world of cryptocurrency and blockchain">blockchain technology, several factors influence the price of tokens like TokenFi. Firstly, supply and demand dynamics play a pivotal role. As with any asset, when the demand for TOKEN increases, while its supply remains limited or decreases, its price tends to rise. Conversely, if demand diminishes while supply remains unchanged or increases, the price can decline. This principle is deeply rooted in the decentralized finance (DeFi) ecosystem, where liquidity pools, staking, and other mechanisms can impact token availability.
Another crucial determinant is market sentiment, often influenced by news, regulatory developments, and broader cryptocurrency market trends. Positive news about TokenFi or endorsements from influential figures in the blockchain sector can lead to increased buying pressure, driving up the price. On the other hand, regulatory challenges or negative press can result in selling pressure. Lastly, technological advancements and platform updates related to TokenFi can also sway its price. Successful platform upgrades or integrations can enhance user trust and adoption, leading to price appreciation. Conversely, technical issues or security breaches can undermine confidence, potentially driving prices down. As with all cryptocurrencies, potential investors should conduct thorough research and stay updated on blockchain industry trends to make informed decisions about TokenFi.
TOKEN to local currency
Crypto calculator- 1 TOKEN to USD$0.1
- 1 TOKEN to JPY0.09598636
- 1 TOKEN to VND0.09598636
- 1 TOKEN to RUB0.09598636
- 1 TOKEN to EUR (Español)0.09598636
- 1 TOKEN to TRY0.09598636
- 1 TOKEN to EUR (Italiano)0.09598636
- 1 TOKEN to EUR (Français)0.09598636
- 1 TOKEN to EUR (Deutsch)0.09598636
- 1 TOKEN to CNY0.09598636
- 1 TOKEN to TWD0.09598636
- 1 TOKEN to EUR (Português)0.09598636
- 1 TOKEN to IDR0.09598636
- 1 TOKEN to THB0.09598636
- 1 TOKEN to PLN0.09598636
- 1 TOKEN to UAH0.09598636
- 1 TOKEN to UZS0.09598636
- 1 TOKEN to SAR0.09598636
- 1 TOKEN to PHP0.09598636
Trade TOKEN perpetual futures
After having successfully signed up on Bitget and purchased USDT or TOKEN tokens, you can start trading derivatives, including TOKEN futures and margin trading to increase your income.
The current price of TOKEN is $0.09599, with a 24h price change of -3.01%. Traders can profit by either going long or short onTOKEN futures.
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TokenFi news
See moreBlackRock 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.
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.
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.”
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TokenFi Social Data
In the last 24 hours, the social media sentiment score for TokenFi was 3, and the social media sentiment towards TokenFi price trend was Bullish. The overall TokenFi social media score was 9,543, which ranks 18 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 TokenFi being mentioned with a frequency ratio of 0.04%, ranking 24 among all cryptocurrencies.
In the last 24 hours, there were a total of 826 unique users discussing TokenFi, with a total of TokenFi mentions of 465. However, compared to the previous 24-hour period, the number of unique users increase by 11%, and the total number of mentions has increase by 20%.
On Twitter, there were a total of 4 tweets mentioning TokenFi in the last 24 hours. Among them, 0% are bullish on TokenFi, 0% are bearish on TokenFi, and 100% are neutral on TokenFi.
On Reddit, there were 51 posts mentioning TokenFi in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 12% . Additionally, there were 0 comments mentioning TokenFi. Compared to the previous 24-hour period, the number of mentions decrease by 0%.
Visão geral das redes sociais
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