Niftyx ProtocolPrice(SHROOM)
Details Niftyx Protocol (SHROOM) Price information (USD)
The current real-time price of SHROOM is $0.0022. In the past 24 hours, SHROOM has traded between $0.0021 and $0.0022, showing strong market activity. The all-time high of SHROOM is $1.29, and the all-time low is $0.0020.
From a short-term perspective, the price change of SHROOM over the past 1 hour is
Niftyx Protocol (SHROOM) Market Information
Niftyx Protocol (SHROOM) Today's Price
The live price of SHROOM today is $0.0022, with a current market cap of $113.362K. The 24-hour trading volume is 9.98. The price of SHROOM to USD is updated in real time.
Niftyx Protocol (SHROOM) Price History (USD)
What is NIFTYX PROTOCOL (SHROOM)?
When is the right time to buy SHROOM? Should I buy or sell SHROOM now?
Before deciding whether to buy or sell SHROOM, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s SHROOM technical analysis can provide you with trading references.
Future price trend of SHROOM
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for SHROOM.
How much will SHROOM be worth tomorrow, next week, or next month in ? What about your SHROOM assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! SHROOM Price Prediction
How to buy NIFTYX PROTOCOL (SHROOM)
Convert SHROOM to local currency
SHROOM Resources
To learn more about SHROOM, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xbad0...000000  | 19.851M | 30.28% |
ethereum | 0x7d61...8336e3 | 6.615M | 10.09% |
ethereum | 0xa4fc...dec59a | 4.330M | 6.61% |
ethereum | 0x026e...9c26c5 | 2.381M | 3.63% |
ethereum | 0xd2ae...3eea30 | 1.109M | 1.69% |
Other | 31.270M | 47.7% |
Hot Events
NIFTYX PROTOCOL (SHROOM) FAQ
What is Niftyx Protocol and how does it differ from its previous iteration?
Niftyx Protocol is the evolved version of a project originally focused on gaming asset swaps. It has transitioned into a comprehensive protocol for NFT trading and minting infrastructure, particularly for niche markets like gaming. It operates as a fully community-owned Decentralized Autonomous Organization (DAO) with no venture capital backing. The protocol focuses on providing the foundational layers necessary for gaming economies to thrive on-chain, moving away from being a simple exchange fork to becoming a robust infrastructure provider.
What is the primary utility of the $SHROOM token within the ecosystem?
$SHROOM acts as the meta-token for the Niftyx ecosystem. Its core roles include governance within the Niftyx DAO, allowing holders to participate in decision-making processes and shape the protocol's future. Additionally, it serves as a base asset for the protocol’s liquidity and is designed to integrate with future gaming market expansions. By holding $SHROOM, participants align themselves with the long-term growth of the protocol's NFT and gaming infrastructure.
How is $SHROOM related to the Gameswap ($GSWAP) platform?
$SHROOM is the ecosystem's meta-token, while Gameswap ($GSWAP) is the specific decentralized exchange vertical for in-game assets. They are designed to work together within the Niftyx infrastructure. Historically, $SHROOM holders were involved in the distribution of $GSWAP, and both tokens continue to serve integrated roles where $SHROOM provides the overarching governance layer for the specialized trading functions of the Gameswap platform.
Is Niftyx Protocol developing its own blockchain infrastructure?
The project has focused on launching its own Avalanche Subnet. This dedicated infrastructure is designed to provide the high throughput and low fees necessary for the Gameswap DEX and the integration of high-quality gaming titles. By utilizing a subnet, the protocol can provide a more efficient environment for in-game economies to operate without the congestion and high costs often associated with primary network layers.
How can I stake $SHROOM and what are the deflationary mechanisms?
Recent community governance discussions have centered on establishing a protocol-fee-sharing model to reward participants. The project was designed with deflationary elements in mind, and the community frequently discusses using protocol revenue from NFT trades to conduct buybacks or burns. These initiatives are managed through the DAO, where 'code as law' principles guide how revenue is utilized to benefit the token ecosystem and increase asset scarcity.
Where can I buy $SHROOM and what technical details should I know?
$SHROOM is available for trading on LBank. When interacting with the token, it is crucial to ensure you are using the correct Ethereum Mainnet contract address: 0xed0439eacf4c4965ae4613d77a5c2efe10e5f183. Trading through LBank offers a streamlined experience and avoids the technical challenges sometimes found on decentralized platforms, such as high slippage or liquidity issues, ensuring you can manage your holdings securely.
