DeFrogsPrice(DEFROGS)
Details DeFrogs (DEFROGS) Price information (USD)
The current real-time price of DEFROGS is $19. In the past 24 hours, DEFROGS has traded between $18.88 and $19.2, showing strong market activity. The all-time high of DEFROGS is $3,930.55, and the all-time low is $26.25.
From a short-term perspective, the price change of DEFROGS over the past 1 hour is
DeFrogs (DEFROGS) Market Information
DeFrogs (DEFROGS) Today's Price
The live price of DEFROGS today is $19, with a current market cap of $190.000K. The 24-hour trading volume is 215.09712919275907. The price of DEFROGS to USD is updated in real time.
DeFrogs (DEFROGS) Price History (USD)
What is DEFROGS (DEFROGS)?
When is the right time to buy DEFROGS? Should I buy or sell DEFROGS now?
Before deciding whether to buy or sell DEFROGS, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s DEFROGS technical analysis can provide you with trading references.
Future price trend of DEFROGS
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for DEFROGS.
How much will DEFROGS be worth tomorrow, next week, or next month in ? What about your DEFROGS assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! DEFROGS Price Prediction
How to buy DEFROGS (DEFROGS)
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DEFROGS Resources
To learn more about DEFROGS, consider exploring other resources such as the whitepaper, official website, and other published information:
Official DEFROGS website
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DEFROGS (DEFROGS) FAQ
What is DeFrogs and how does it function within the Web3 ecosystem?
DeFrogs is an innovative project featuring 10,000 "semi-fungible" tokens on the Ethereum blockchain. It operates as a hybrid model that combines the characteristics of a meme coin with a Profile Picture (PFP) NFT collection. Inspired by the aesthetics of popular internet culture, it allows users to engage with digital assets in a way that blends the liquidity of tokens with the uniqueness of digital collectibles.
Is DeFrogs considered a cryptocurrency or a non-fungible token (NFT)?
It serves as both. By utilizing the ERC-404 standard, DeFrogs enables a unique relationship where holding one full token automatically results in an NFT appearing in the user's wallet. If the token is sold, the NFT is destroyed through a "burning" process. This dual nature allows the asset to be traded as a fungible token on exchanges like LBank while still existing as a unique NFT.
What is the ERC-404 standard and why is it significant for DeFrogs?
ERC-404 is an experimental token standard on Ethereum designed to provide native liquidity and fractionalization for NFTs. It allows DeFrogs to be traded on both centralized exchanges like LBank and decentralized platforms just like standard tokens. This eliminates the need to rely solely on traditional NFT marketplaces, providing a more fluid trading experience for users who can buy or sell fractions of the asset.
How does the "Mint and Burn" mechanism work during trading?
The mechanism is tied to the movement of $DEFROGS tokens. When you purchase a full token on an exchange like LBank, a new NFT is automatically minted to your wallet. If you sell a portion of that token so your balance falls below 1.0, the NFT is burned. Re-acquiring enough to reach a full token again will mint a completely new NFT, which allows users to "reroll" for different traits or rarities.
What are the tokenomics and where can users acquire $DEFROGS?
The project has a fixed total supply of 10,000 tokens, corresponding to 10,000 potential NFTs. It launched with a zero buy and sell tax structure. Users can trade $DEFROGS tokens on LBank and other supported exchanges. While specific NFTs can be found on various NFT marketplaces, users should be aware that Ethereum gas fees may be higher than average due to the minting and burning processes involved in transactions.
Who is the team behind DeFrogs and what is their future roadmap?
DeFrogs was launched by a pseudonymous creator known as "Dalt Wisney," maintaining an anonymous profile consistent with decentralized meme culture. The project follows a three-phase roadmap centered on a "Meme First" philosophy. This included a stealth fair launch, a focus on community and art development, and a final phase dedicated to meme-centric expansion and broader ecosystem integration.
