The TreasureNFT Token (TUFT) is a digital asset traded on decentralized exchanges. This guide provides a detailed overview of its current market status, trading mechanics, and essential metrics for potential traders and enthusiasts.
TUFT Token Overview
TUFT, or TreasureNFT Token, is a cryptocurrency operating on the Binance Smart Chain (BSC). It is primarily traded against Tether (USDT) on decentralized exchanges like PancakeSwap. The token facilitates various functions within its native ecosystem, often related to digital collectibles and NFT platforms.
Current TUFT/USDT Market Performance
As of the latest data, the TUFT/USDT trading pair shows active market dynamics. Understanding these metrics is crucial for assessing the token's liquidity and volatility.
Live Price and Trading Data
The real-time price of TUFT is approximately $0.000318. Over the past 24 hours, the token's value has increased by 2.64%. During this period, it reached a high of $0.0003243 and a low of $0.0003055.
The 24-hour trading volume stands at $6,918.65, spread across 648 transactions. This volume indicates the level of trader interest and market activity for the token pair.
Liquidity and Valuation Metrics
Liquidity is a vital indicator of a market's health. The TUFT/USDT pool currently holds $94,266.93 in liquidity. This pool comprises 124.48 million TUFT tokens (valued at approximately $39,158.13) and 55,108.35 USDT (approximately $55,117.43).
The Fully Diluted Valuation (FDV) of TUFT is reported at $3.18 million. This metric represents the theoretical market cap if all tokens were in circulation.
Trading TUFT/USDT: Key Details
The TUFT/USDT trading pair operates on several decentralized platforms with specific conditions.
Trading Platforms and Fees
You can trade TUFT/USDT on PancakeSwap V3 (BSC), Maestro Bot, KyberSwap, and MEXC DEX+. The current trading fee on PancakeSwap V3 for this pair is set at 1%. This fee is standard for many decentralized exchange pools and compensates liquidity providers.
Contract and Security Information
The smart contract address for TUFT is 0x717960a0ec09ffe5340ff36e35a8f3352390bac4. This contract has been verified, and security analyses indicate no honeypot risks or proxy contracts detected, providing a level of trust for potential traders.
The pool was created approximately one month ago, with the most recent transaction occurring within the last 24 hours, indicating ongoing activity.
Token Distribution and Holder Base
TUFT has a diverse holder base of approximately 1.2 million addresses. The largest token holder is contract address 0x337ce3aa19d3b76b82edfdd6e5df81dc942f1a1e, which holds 1.97 billion TUFT tokens. The current value of this holding is not publicly disclosed.
How to Acquire TUFT Tokens
Acquiring TUFT tokens involves using decentralized exchanges. The process typically requires connecting a Web3 wallet, swapping a base currency like USDT or BNB for TUFT, and confirming the transaction on the blockchain.
Based on the current exchange rate, 1 USDT can be swapped for approximately 3,144.88 TUFT tokens. For detailed steps on acquiring and managing such tokens, explore more strategies available on major platforms.
Frequently Asked Questions
What is TUFT Token?
TUFT (TreasureNFT Token) is a cryptocurrency on the BSC network, often associated with NFT platforms and digital treasure ecosystems. It is traded against stablecoins like USDT on various DEXs.
Where can I trade TUFT safely?
You can trade TUFT on reputable decentralized exchanges like PancakeSwap V3, KyberSwap, and others. Always ensure you are using the correct contract address and have verified the pool's security metrics.
What does a 1% trading fee mean?
A 1% fee means that for every trade executed on that specific pool, 1% of the trade value is distributed to liquidity providers as a reward for supplying assets to the liquidity pool.
How is liquidity important for TUFT trading?
Higher liquidity generally means easier trading with less price slippage when entering or exiting positions. The current liquidity level of over $94,000 provides a baseline for market stability.
What is the significance of the GT Score?
The GT Score of 63.61 is a metric that aggregates various on-chain and market indicators to assess a token's overall market health and activity level. It helps traders quickly evaluate potential opportunities.
How often is the price updated?
The price and market data for TUFT are updated in real-time on trading platforms and tracking websites, reflecting the latest transactions on the blockchain.