The list of cryptocurrencies that can be utilised on the Binance platform is constantly being updated by Binance. You can use the detailed instructions below to buy APENFT, which is not yet listed on Binance. By linking your cryptocurrency wallet to a decentralised exchange (DEX) and using your Binance account to purchase the base currency, it will demonstrate how to purchase APENFT.
Download a Metamask Wallet
Within the Ethereum network, there are a number of crypto wallets to select from, but Metamask seems to be the most integrated. You can download Google Chrome and the wallet Chrome extension if you’re using a desktop computer. If the wallet is available, you can download it from the iOS App Store or Google Play if you prefer using your smartphone. Visit the Metamask website to make sure you are getting the genuine Chrome extension and mobile app.
Set up your Metamask
Using the Google Chrome extension for the wallet or the mobile app you downloaded in Step 1, register and set up the cryptocurrency wallet. You can use the support page for the wallet as a resource. Make a note of your wallet address and keep your seed phrase secure. Later, when you are on Steps 4 and 6, you will need it.
Buy Ethereum as Your Base Currency
You can buy Ethereum by logging into your Binance account after setting up your wallet and going to the Buy & Sell Crypto page. If you have never used Binance before, you may read our How to Buy Ethereum article to learn how to sign up and purchase your first cryptocurrency.
Send Ethereum From Binance to Your Crypto Wallet
Go to your Binance wallet section and search for the Ethereum you bought after purchasing it. Click on “withdraw” and provide the necessary data. Set the network to Ethereum, enter your wallet address, then enter the desired transfer amount. When your Ethereum is ready, click the withdraw button and wait for it to show up in your Metamask.
Choose a Decentralized Exchange (DEX
There are several DEXs available; you only need to confirm that the exchange supports the wallet you choose in Step 2. For instance, you can go to 1inch to complete the transaction if you utilise the Metamask wallet.
Connect Your Wallet
Using your wallet address from Step 2, link your Metamask wallet to the DEX you wish to utilise.
Trade Your Ethereum With the Coin You Want to Get
Choose APENFT as the coin you want to buy and Ethereum as the payment method.
If APENFT Doesn’t Appear, Find its Smart Contract
You can use https://etherscan.io to find the smart contract address if the coin you desire is not listed on the DEX. Afterward, you can copy it and paste it into 1inch. Be on the lookout for frauds and confirm that you have the correct contract address.
Apply the Swap
When you are finished with the preceding procedures, select the Swap button.
NFT coin: The tokenomics
With an individual price of $0.000002009, 28% of the NFT’s planned 999,990 trillion supply is now in use. Recent 24-hour trading volume of $148.67 million was equal to 27% of the market capitalization of $557 million.
19% of the allocation was designated for a public airdrop, 30% for creative partners, 20% for buying art, 19% for the team, 2% for exchange listings, and 10% for other collaborations.
On the APENFT DAO (decentralised autonomous organisation) portal, NFT is used as the governance token. Users who own five trillion NFT tokens or more are eligible to make initial recommendations. Three suggestions dealing with listings and token economics have thus far been approved.
Only 13.89% of the total supply is held by the top 10 Tron wallets, indicating a high level of decentralisation. One address is a burn address, three are smart contracts linked to liquidity pools, and four of the addresses are exchange wallets. Only 2% is owned by individuals.
99% of the smaller supply on Etherscan, valued at slightly under $20m, is held at one private address.
The most well-known central exchange is Huobi Global, which is followed by KuCoin, Poloniex, and Gate.io.
Recent price movements
Since the middle of November 2021, when a high of $0.0000060 was set on the 15th, NFT has been in a steady downturn. Prior to it, on September 5th, there was an all-time high of $0.0000076.
Up to a dramatic two-day slump that pushed NFT down another 40% in January 2022, the token remained flat throughout December and most of January. Although the current trade price is just marginally over the 2022 low, NFT has been in a downturn once more since February 7.
What the forecasters say
Moving on to an APENFT price forecast, Digitalcoin anticipates short-term moderate returns. The computerised forecaster projects that the price of APENFT will increase by 37.53% from its current level by the end of 2022, and by 63.9% by the end of 2023. By 2025, investments might have doubled. The general mood of the market is negative.
While PricePrediction’s APENFT price prediction for 2022 is likewise in the 40% range, its long-term outlook is more optimistic, with estimated returns of 330% in 2025 and an APENFT price prediction for 2030 of $0.000087, which would represent a return of 43 times the current price.
The price forecast for APENFT by Tech News Leader for 2030 is more cautious, predicting returns of 29 times. According to the forecaster’s APENFT pricing prediction for 2025, NFT could increase by little about 350%.
An APENFT price prediction of $0.000006 at Gov.capital over a five-year period would result in returns of around three times that much.
Remember that you shouldn’t rely exclusively on the estimates of these forecasts’ APENFT price projections when making an investing choice. Despite being helpful as a guide, they do not account for a lot of outside factors including market volatility. Before putting your money on the line, make sure to do more research on the subject.
How many APENFT coins are there?
The majority of the 999,990 trillion APENFT tokens now in use on the Tron network make up 28% of the total supply. On Ethereum, a lesser supply is kept.
Is APENFT a good investment?
Despite being a hot topic, the market for cryptocurrencies is very small for NFTs. NFTs are also widely thought to be a bubble with limited long-term potential. APENFT stands out from the competition, nevertheless, in part thanks to its use of both high art and digital components. If you are considering investing, make sure to read up on the project’s foundational elements.
Will APENFT go up?
In the immediate term, the digital analysts anticipate modest gains. Despite this, it’s also possible for the price to decrease. Always perform extensive due diligence before making an investment.
Should I invest in APENFT?
Instead of providing financial advice, this material should be read for informational purposes only. Before making an investment, you should carefully review the basics and evaluate the project’s long-term viability.