Not Financial Advice

Show

Simply

Cosmos

Coin

<p>NFAI Coin is not just trending on CoinMarketCap, but also experiencing a significant pump in its price. At a glance, the coin is up 14.10% in the last 24 hours, trading at $0.157307 with a 24-hour trading volume of $1,284,153. </p> 
<p>While its current CoinMarketCap ranking stands at #2232, the lack of disclosed market cap and circulating supply details pique curiosity. What exactly is NFAI, and why is it gaining so much attention?</p> 
<figure class="wp-block-image size-large">
 <img decoding="async" loading="lazy" width="1024" height="732" src="https://captainaltcoin.com/wp-content/uploads/2023/09/chart-4-1024x732.png" alt="" class="wp-image-326496" srcset="https://captainaltcoin.com/wp-content/uploads/2023/09/chart-4-1024x732.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/09/chart-4-300x215.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/09/chart-4-768x549.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/09/chart-4-1536x1099.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/09/chart-4-2048x1465.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/09/chart-4-140x100.png 140w, https://captainaltcoin.com/wp-content/uploads/2023/09/chart-4-210x150.png 210w, https://captainaltcoin.com/wp-content/uploads/2023/09/chart-4-100x72.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/09/chart-4-489x350.png 489w, https://captainaltcoin.com/wp-content/uploads/2023/09/chart-4-788x563.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/09/chart-4.png 1099w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p><em><strong>Source: <a class="thirstylink" rel="nofollow" target="_blank" title="CoinStats" href="https://captainaltcoin.com/go/coinstats-3/" data-shortcode="true">CoinStats – Start using it today</a></strong></em></p> 
<h2 class="wp-block-heading" id="what-is-nfai">What is NFAI?</h2> 
<p>NFAI stands for “<a href="https://coinmarketcap.com/currencies/not-financial-advice/" target="_blank" rel="noreferrer noopener">Not Financial Advice</a>,” and it bills itself as a decentralized hedge fund experiment. The project harnesses the capabilities of neural network technology to execute leverage trading decisions on decentralized platforms. In simpler terms, NFAI aims to automate trading strategies through machine learning to optimize returns.</p> 
<h2 class="wp-block-heading" id="funding-and-tokenomics">Funding and Tokenomics</h2> 
<p>NFAI has a maximum supply of 100 million coins. Profits generated from the trading experiment will not only fund the project’s ongoing development but also reward its token holders. The reward mechanisms include:</p> 
<ol> 
 <li><strong>Buybacks</strong>: Increasing the demand for the token by purchasing it from the open market.</li> 
 <li><strong>Burns</strong>: Reducing the overall supply to create scarcity, which theoretically should boost value.</li> 
 <li><strong>Staking Module</strong>: An upcoming feature that will allow token holders to earn more tokens by locking them in a contract.</li> 
</ol> 
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Trade on US-Banned Exchanges With No KYC 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text"> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>Tired of missing hot new listings because your favorite exchange is banned in the US? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
    <p>With <a class="thirstylink" rel="nofollow" target="_blank" title="Rocketxchange" href="https://captainaltcoin.com/go/rocketxchange/" data-shortcode="true">RocketXchange</a> you can finally trade on Kucoin, ByBit and more without registration or KYC! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f64c.png" alt="🙌" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
    <p>Simply connect your wallet to access every coin. No VPN needed.</p> 
    <p>Seamlessly bridge between EVM, Solana, Cosmos and 100+ chains. Discover the next crypto gem with low fees.</p> 
    <p>Take your trading to the next level with:</p> 
    <ul> 
     <li>Instant access to banned CEXs <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6ab.png" alt="🚫" class="wp-smiley" style="height: 1em; max-height: 1em;"></li> 
     <li>No KYC required <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f645-200d-2642-fe0f.png" alt="🙅‍♂️" class="wp-smiley" style="height: 1em; max-height: 1em;"></li> 
     <li>Trade on your terms – no registration required</li> 
     <li>Maintain full custody – tokens stay in your wallet</li> 
     <li>Access liquidity across leading DEXs and CEXs</li> 
     <li>Bridge assets quickly between any blockchain</li> 
    </ul> 
    <p>Escape CEX limits today with <a class="thirstylink" rel="nofollow" target="_blank" title="Rocketxchange" href="https://captainaltcoin.com/go/rocketxchange/" data-shortcode="true">RocketXchange</a>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div>  
<h2 class="wp-block-heading" id="why-the-surge-in-interest">Why the Surge in Interest?</h2> 
<p>Several factors may be contributing to NFAI’s sudden surge in interest:</p> 
<ol> 
 <li><strong>Machine Learning Appeal</strong>: The allure of using neural networks for trading decisions taps into the growing confidence in AI-powered solutions.</li> 
 <li><strong>Decentralization Factor</strong>: Operating on decentralized platforms increases transparency and minimizes trust issues associated with centralized hedge funds.</li> 
 <li><strong>Reward Mechanisms</strong>: The tokenomics designed to benefit holders directly contribute to positive sentiment and increased demand.</li> 
</ol> 
<p>However, there are a few grey areas:</p> 
<ol> 
 <li><strong>Market Cap and Circulating Supply</strong>: The absence of these key metrics can be a red flag for potential investors.</li> 
 <li><strong>Regulatory Oversight</strong>: Being branded as a “decentralized hedge fund experiment,” it may attract the scrutiny of financial regulators.</li> 
</ol> 
<p>NFAI is an intriguing experiment at the intersection of decentralized finance (DeFi), neural networks, and hedge funds. While its upward trend in the market looks promising, investors should exercise due diligence, especially given the project’s experimental nature and the absence of some crucial financial details.</p> 
<p><em>Join us on <strong><a href="https://twitter.com/intent/follow?screen_name=captainaltcoin" data-type="link" data-id="https://twitter.com/intent/follow?screen_name=captainaltcoin" target="_blank" rel="nofollow">Twitter</a></strong> and <strong><a rel="noreferrer noopener nofollow" href="https://www.facebook.com/captainaltcoin" target="_blank">Facebook</a> </strong>for the latest insights and discussions in the world of crypto.</em></p> 
<p><em>Explore our <strong><a href="https://captainaltcoin.com/tag/news/" target="_blank" rel="noreferrer noopener">news section</a></strong> and stay ahead of the curve with our expert <strong><a href="https://captainaltcoin.com/predictions/" data-type="link" data-id="https://captainaltcoin.com/predictions/" target="_blank" rel="noreferrer noopener">price predictions</a>.</strong></em></p> 
<p>The post <a rel="nofollow" href="https://captainaltcoin.com/nfai-coin-trending-on-coinmarketcap-after-todays-14-surge-heres-why-not-financial-advice-is-pumping/">NFAI Coin Trending on CoinMarketCap After Today’s 14% Surge – Here’s Why Not Financial Advice is Pumping</a> appeared first on <a rel="nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

NFAI Coin Trending on CoinMarketCap After Today’s 14% Surge – Here’s Why Not Financial Advice is Pumping

Table of Contents

CaptainAltcoin

Другие статьи, опубликованные 1 сент. 2023 г.

Burn & Mint Process and GoMining Rewards: A Quick Rundown

SEC Delays Bitcoin Spot ETFs to October 17, 2023, as Predicted by Insiders

Ripple News: John Deaton Slams Jim Cramer Over Ignorant and Fake Statements on XRP

XRP Metric Shows Jaw-Dropping 9x Growth, Here's What It Is

Terra Luna Classic USTC Repeg Team Proposal Officially Passed

How a U.S. Court Decision Could Change Crypto

Join our free newsletter for daily crypto updates!