New Frontier Presents

<h2 id="header-0">&#34;Judging by the best crypto indicator, NFP might just be at a solid buy level. After all, Money Line is currently bullish on both weekly and daily timeframes.&#34;</h2>This is a repost from Moralis Money an unpaid third party and does not reflect the opinion of NFP* As we dive into the core of today’s article, we’ll first ensure you all know what the NFP crypto is. Next, we’ll take a closer look at the <a href="https://newfrontierpresents.io" rel="noopener noreferrer nofollow">New Frontier Presents project</a>. This is where you’ll find out what this 2021 crypto venture is all about.Next, we’ll shift our attention to the NFP token. We’ll explain how the token fits into New Frontier’s vision – essentially you’ll find out what the token’s purpose and use cases are. Moreover, we’ll also explore NFP’s tokenomics.However, as altcoin traders/investors, we are primarily interested in tokens’ price performance. As such, we’ll go over the entire NFP crypto’s price history. We’ll also deploy the power of technical analysis (TA) to outline the key levels of support and resistance. Furthermore, we’ll also utilize the power of the ultimate TA indicators – Money Line.Nonetheless, we’ll also inform you about how to use the power of Moralis Money’s cryptocurrency analysis sites. This is where you’ll learn about the Moralis Money token page for the New Frontier Presents token and how it can help you determine if/when to buy $NFP.Last but not least, for those of you who may decide to get a bag of the NFP crypto, we’ll also explain where you can do so without breaking a sweat or the bank.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/645944bbc10346b38312eeae863c0c9f.jpeg" /><h2 id="header-1">What is NFP Crypto?</h2>“NFP crypto” stands for the New Frontier Presents cryptocurrency. As such, it is an ERC20 token that lives on the Ethereum blockchain. However, many folks use “NFP crypto” to point to the New Frontier project.With that in mind, it is quite obvious we need to cover the basics of New Frontier as well as the NFP token to properly answer the above questions.<h3 id="the-new-frontier-presents-project">The New Frontier Presents Project</h3>The New Frontier Presents project is focused on creating virtual experiences and digital products. As the title on the project’s official website suggests, the NFP team focuses on utilizing the blockchain and extended reality (XR) tech to fulfill its vision. Essentially, the company aims to create various components to support the evolution of the metaverse space. And part of that journey revolves around digital characters, digital items, and digital environments.For instance, the project’s designer showcases the creation of the universal characters and their wearables. The latter can be purchased in a virtual shop. You can watch this video on the New Frontier’s homepage:<img src="https://academy-public.coinmarketcap.com/optimized-uploads/c47e53f9e44a4575b3f10b268146e17d.jpeg" />The NFP crypto project aims to bridge the gap between the real world and the digital world.  It is already offering the ability to create entertainment experiences within the metaverse. Moreover, it emphasizes the monetization of brands, platforms, businesses, and virtual land within the metaverse by leveraging technology developed by New Frontier Presents.<h4>Key Aspects of the NFP Crypto Project:</h4>These are the key aspects of New Frontier Presents’ efforts so far:<ul><li>Metaverse Integration: The project seeks to enable individuals and entities to easily monetize within the metaverse. This involves providing tools and technology to create experiences and assets that can be utilized across multiple metaverse platforms.</li><li>Blockchain and XR Technology: The NFP  project emphasizes the use of cutting-edge XR experiences. They aim to achieve that by seamlessly integrating blockchain with immersive storytelling and interactive gameplay.</li><li>Innovation and Transformation: New Frontier Presents aims to position itself as a forefront innovator in virtual blockchain experiences and digital products. Its mission includes harnessing the power of blockchain technology to revolutionize the way people interact with the digital world.</li><li>Team and Expertise: The project claims to have a strong team dedicated to helping individuals and businesses discover and navigate the metaverse. NFP claims to offer solutions for secure and transparent financial transactions, digital asset management, and more.</li><li>Collaboration with Apple: The NFP official website indicates the team’s excitement about the release of Apple’s new VR headset. It sees it as an opportunity to explore endless possibilities in the metaverse space. According to the website, the combination of Apple’s technology and the NFP’s expertise is expected to revolutionize virtual experiences.</li></ul>Note: If you are just hearing about “metaverse”, we encourage you to check out the project’s whitepaper. Aside from explaining the core concepts, it also lays out the metaverse’s potential market cap of more than $1 trillion. Of course, this is also the place to learn more about the New Frontier Presents project and its team:<img src="https://academy-public.coinmarketcap.com/optimized-uploads/60dd18717728419c88aee406fceecbc0.jpeg" /><h4>Odds City, NFP Lands, and NFP Store</h4>New Frontier Presents is still a work in progress; however, the project already offers some tangible solutions. For instance, Odds City is a collection of games of chance, available in VR experience or 2D via the “odds.city” website:<img src="https://academy-public.coinmarketcap.com/optimized-uploads/07830980f4ce45a5b75b629b4e90eb06.jpeg" />Aside from exploring the NFP land, players can also play the Speciality race game:<img src="https://academy-public.coinmarketcap.com/optimized-uploads/af3a92147f8d4259ac75991027226aae.jpeg" />Moreover, while VR users can access the NFP store virtually, all the NFT items applicable to the NFP land as well as various real-world products (e.g., merch, VR headsets, etc.) can also be purchased via the “nfp.store” website:<img src="https://academy-public.coinmarketcap.com/optimized-uploads/9d13ce244c24431db0bb4436018ab86d.jpeg" /><h2 id="header-2">The NFP Token Analysis</h2>By this point, you already know that the New Frontier project has its native cryptocurrency – the NFP crypto token. We’ve also already mentioned that the coin lives on the Ethereum network, where it follows the ERC20 token standard.$NFP was minted on March 14, 2022. That on-chain transaction deployed the token’s smart contract and created 2,000,000,000 instances of the NFP token. We’ll cover the asset’s tokenomics in a subsection below.Moreover, $NFP is a metaverse utility token – a tool that provides access to virtual worlds, digital economies, community, and XR experiences. So, as the New Frontier Presents ecosystem evolves, the use case of the NFP token will expand. And given the project’s roadmap, it is safe to say the $NFP is poised to fall into the DeFi and GameFi categories of ERC20 tokens.Of course, like any other ERC20, $NFP can be freely traded on marketplaces that support this cryptocurrency.<h3 id="nfp-tokenomics">$NFP Tokenomics</h3><ul><li>Token name: New Frontier Presents</li><li>Symbol/ticker: NFP or $NFP</li><li>Network: Ethereum</li><li>Token type: ERC20</li><li>Category: DeFi, GameFi, metaverse</li><li>Smart contract address: 0x299698b4b44bd6d023981a7317798dee12860834</li><li>Maximum total supply: 2,000,000,000 $NFP</li><li>Buy tax: 8%</li><li>Sell tax: 10%</li><li>Token distribution: 72.5% for the ecosystem’s future development, 10% for the ecosystem operations, 2.5% for partnerships, 5% for the NFP team, 2.5% for the treasury, 7.5% for the public offering:</li></ul><img src="https://academy-public.coinmarketcap.com/optimized-uploads/2717a1032e384295aed4ad07cc92281d.jpeg" />Note: For a deeper dive into the NFP’s tokenomics, explore the above-presented whitepaper.The 8% buy tax and the 10% sell tax are definitely the two aspects that repel many altcoin traders. However, according to the project’s website, those interested in engaging with the NFP ecosystem will have multiple opportunities to earn those tax fees back.<h2 id="header-3">The NFP Crypto Price Action</h2>The NFP token started trading on the same day it was created – March 14, 2022. The asset’s listing price was approximately $0.00052 but the price didn’t stay at those levels for long. In fact, by the end of the first day of trading $NFP, its price reached $0.02168 – that’s a 40x-plus increase.On the second day, the token pulled back slightly (roughly 10%); however, it continued to rally upwards during the following four days. On March 19, 2022, the $NFP price reached $0.03422. From that level, the asset experienced a six-day correction of approximately 35%.However, the token found support on top of $0.022 from where it managed to squeeze another leg up. The latter led to NFP’s all-time high (ATH) price of $0.03546, which came in on April 10, 2022.After that peak, the price took a downturn, reducing by roughly 90% over the next 70 days. The price spiked down to $0.003559 on June 19, 2022, which marked that year’s bottom.Following that low, the coin’s price started to increase again and managed to pull off a rather impressive 700%-plus rally. The latter ended on August 13, 2022, at $0.02894. Unable to reach the new ATH, $NFP entered a downtrend after the aforementioned peak.Between August 13 and December 18, 2022, the asset lost nearly 80% of its value. However, the price stayed above the June lows as it found support at $0.006.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/f5f9c053b5b54b719b1fec5d4c460e19.jpeg" /><h3 id="can-nfp-price-recover-after-its-2023-capitulation">Can NFP Price Recover After Its 2023 Capitulation?</h3>Led by Bitcoin’s recovery, the entire crypto market woke up in January of 2023. The $NFP price reflected this recovery by setting higher highs, eventually leading to a local peak at $0.0128 on April 16, 2023. However, the token wasn’t strong enough at the time so its price crumbled down, even below the 2022 lows.This capitulation phase reached the bottom on September 15, 2023, at $0.002113. Since then, the token’s price recovered noticeably and is trading around $0.0046 at the time of writing. However, the price is still below the major resistance around $0.0049.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/027b88b749ff4b918216bd568f983604.jpeg" /><h3 id="ta-and-money-line">TA and Money Line</h3>In the above weekly chart, we charted all the major levels of support and resistance for the $NFP crypto. Moreover, we’ve also added the downsloping trendline (white line). As you can see, the price is just breaking above the trendline; however, it is still below the major resistance region ($0.0048-$0.062).But judging by the best crypto indicator, NFP might just be at a solid buy level. After all, Money Line is currently bullish on both weekly and daily timeframes:<img src="https://academy-public.coinmarketcap.com/optimized-uploads/3b30086779894cfa91bdda628716fed1.jpeg" />Note: If you wish to experience the power of Money Line firsthand, make sure to opt in for the Moralis Money Pro or Starter plan. And if you’d like to learn more about this top crypto charting tool, follow the “Money Line” link in the introduction of today’s article.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/2967086709404c9aa08fc79bd0adb915.jpeg" /><h2 id="header-4">Should I Buy the NFP Crypto?</h2>By going over the above sections, you should be able to decide if you like the NFP crypto or not. If yes, take that as a sign to DYOR the project and its native token further. And this is where the Moralis Money New Frontier Presents ($NFP) token page enters the scene.On that page, you can find all the resources and tools to answer the above question with confidence. And if you determine that you want to buy NFP, then make sure to pause for a second before pulling the trigger. After all, it’s very important to figure out if now’s a good time to buy.Luckily, Moralis Money’s $NFP page offers the “Alpha Metrics” and “Price Chart” sections. They provide you with the token’s real-time on-chain metrics and live price. As such, you get to combine the power of these insights to assess the token’s momentum and the likelihood of its upcoming move.So, you should buy NFP only if/when its live price and real-time on-chain metrics support that decision.With that in mind, make sure to follow the above “$NFP” link or use the interactive widget below and explore these invaluable insights now.<h3 id="where-to-buy-the-new-frontier-presents-token">Where to Buy the New Frontier Presents Token?</h3>If you took a proper look at the above-presented page, you most likely already noticed the “Buy” button. Well, as you probably intuitively guessed, that button allows you to get a bag of $NFP right on that page.Once you click that button, the Moralis Money instant crypto swap feature pops up. The latter preselects “NFP” as the target token and thus eliminates the risk of landing on a wrong trading pair. It is also very easy to use, highly secure, and one of the cheapest ways to buy crypto.So, if you want to buy NFP, just hit the “Buy” button on Moralis Money’s page for that token. Then, just complete the simple steps that the swap feature instructs you:<img src="https://academy-public.coinmarketcap.com/optimized-uploads/21617533bf9247f09c89a55041af3c59.jpeg" /><h2 id="header-5">What is NFP Crypto and Is It a Good Investment? – Key Takeaways</h2><ul><li>New Frontier Presents (NFP) is a crypto project with the ambitious goal of helping onboard businesses and individuals into the realm of the metaverse. NFP has its roots in 2021.</li><li>The project aims to combine the power of blockchain and XR technology to create a decentralized and engaging digital experience.</li><li>New Frontier Presents launched its native cryptocurrency, the NFP crypto, in March 2022.</li><li>The NFP token is poised to be the gateway and the utility token of NFP land.</li><li>Since its launch, $NFP has been through many ups and downs, setting its ATH at $0.03546 in April 2022 and its lowest point at $0.002113 in September 2023.</li><li>To determine if/when to buy $NFP, use the insights offered by the Moralis Money New Frontier Presents token page.</li><li>If you decide to buy $NFP, you can do so via that page by clicking the “Buy” button.</li></ul>Whether you end up buying NFP or not, you need to keep in mind that countless other altcoins deserve your attention. After all, to increase your chances of catching those 50x-plus rallies, you typically need to add several tokens to your portfolio.

What is the Ethereum Metaverse Token "NFP" and is it a Good Crypto Investment?

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