Look at EFINITY Coin's Crypto Performance Today, June 6 2024

Liputan6.com, Jakarta – Efinity is the world's cross-chain NFT blockchain. Powered by the EFI Coin Token, the network is eco-friendly, scalable, and built for games, apps, enterprises, and content creators.

Launching Coinmarketcap, Thursday (6/6/2024), Efinity will allow NFTs to be used by almost all industries, unlocking trillions of United States dollars in currently illiquid and unique real-world and digital assets. Efinity was developed as a parachain on Polkadot.

It is a fully decentralized next-generation network that solves the biggest problems facing blockchain today, including interoperability, scalability, speed, security, privacy, development, and governance.

Built on Polkadot in partnership with Parity Technologies and the Web3 Foundation, Efinity is a new blockchain built specifically for NFTs. It's a blockchain token designed to enable a certain kind of future, where NFTs are as widespread and easy to use as smartphones are today.

The Efinity network's native crypto token is called EFI Coin, which is Efinity's deflationary token designed for transaction fees, liquidity, and rewards. Featuring community governance for EFI holders to submit and vote on proposals to direct the future of the network.

Additionally, EFI Coin will be NFT.io's core utility, the launchpad and next-generation multi-chain NFT marketplace. Earned EFI will be required to farm exclusive NFTs and participate in the NFT.io network.

EFI Coin Price

Based on Coinmarketcap data, Thursday (6/6/2024), the price of EFI Coin is IDR 1,655 with a 24-hour trading volume of around IDR 3.2 billion.

EFI Coin strengthened 0.17 percent in the last 24 hours. Meanwhile, the current Coinmarketcap ranking is 1,240 with a market capitalization of IDR 144.7 billion. To date, there has been a circulating supply of around 169.8 million EFI Coins out of a maximum supply of 2 billion coins.

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