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Coingecko nft champions

2024-07-11 17:29

Abstract: (Non-Fungible Tokens) have rapidly emerged as a prominent digital asset within the cryptocurrency realm in recent years. Unlike traditional cryptocurrencies such as Bitcoin and Ethereum, NFTs are unique and non-interchangeable tokens, each representing distinct digital content ownership or identity. These digital contents can range from artworks, music, video clips, and virtual real estate, to even in-game items.

what are NFTs?

(Non-Fungible Tokens) have rapidly emerged as a prominent digital asset within the cryptocurrency realm in recent years. Unlike traditional cryptocurrencies such as Bitcoin and Ethereum, NFTs are unique and non-interchangeable tokens, each representing distinct digital content ownership or identity. These digital contents can range from artworks, music, video clips, and virtual real estate, to even in-game items.

Overview of Rapid Growth and Popularity of NFTs

The NFT craze can be traced back to 2017 with CryptoKitties, a virtual cat collecting game where users could buy, trade, and breed digital cats. This game initially brought widespread attention to the concept of NFTs and laid the groundwork for the subsequent NFT market. With advancements and wider adoption of blockchain technology, the application of NFTs in arts, media, entertainment, gaming, and other sectors has expanded, attracting a growing number of artists, creators, investors, and collectors.

Since 2017, the NFT market has experienced continuous growth and expansion, particularly notable in 2020 and 2021, where market activity and transaction volumes significantly surged. Prominent NFT marketplaces such as OpenSea, Rarible, and Foundation, among others, have emerged, providing artists and creators with new digital creation and sales platforms. The explosive growth of NFTs has also garnered extensive media coverage globally and caught the attention of the general public. Many renowned artists and celebrities have also joined the ranks of NFT creation and trading.

Importance of Platforms like Coingecko in Tracking and Analyzing NFT Trends

Coingecko, as a widely recognized cryptocurrency data platform, plays a crucial role not only as a participant and observer in the NFT market but also as a significant driver of its development and trend analysis. Through Coingecko, users can easily track and compare various NFT projects and platforms, understanding their market performance, trading volumes, historical data, and community feedback. Coingecko's NFT Champions feature specifically ranks and recommends leaders and popular projects in the NFT market, providing users with powerful tools to seek and evaluate NFT investment opportunities.

Coingecko's data analytics help investors and users make informed decisions in a market full of innovation and risks, while also advancing further development of NFT technology and applications. As an open and transparent platform, Coingecko's involvement not only promotes maturity and standardization in the NFT market but also offers more creators and investors opportunities to enter this emerging market.

Blockchain-based Play to Earn (P2E) games have dramatically changed the gaming industry. Now players can earn money while having fun. One of the greatest inventions in the P2E gaming industry is the NFT Championship. This is a P2E gaming platform where participants can compete and win tournaments for prizes. Users can trade NFTs for passive income and increase their resale value.

What Is CoinGecko?

CoinGecko is also a top-ranking crypto-tracking website. This platform launched in 2014 under its CEO, TM Lee, and COO, Bobby Ong. With a mission to offer users actionable crypto insights, CoinGecko has always analyzed digital assets by their market cap, price history, and industry, providing accurate crypto data for investors, companies, and analysts.

Like CoinMarketCap, CoinGecko also has one of the leading portfolio tracking services. Platform users can rely on this service to help them track crypto earnings for multiple cryptocurrency strategies, including high-risk, conservative, long-term HODL, and low-cap gems.

To access Coingeckos portfolio tracker, users only need a Coingecko account. With the account setup complete, customers need to sign in, opt to Create a portfolio, and name it. After this, navigate to the coin page of the tokens you want in your portfolio, click the Star icon next to them, and select the portfolio you wish to place them in.

Pros

easy-to-use user interface.

Has more accurate and reliable market cap readings and token performance reports.

It generates quarterly reports on the state of the crypto market

The premium price plan is more affordable

It covers a broader range of assets, like NFTs and ICOs, and gives more market data.

Cons

Does not have information on crypto lending rates.

It doesnt cover general crypto-related business information.

CoinGecko applies the total supply method. The market cap derived from this criteria is calculated by calculating the total number of existing coins. Whether these coins are circulating or have been locked up through liquid staking or initial coin offerings, they are still included.

The circulating supply is always significantly lower than the total supply. This may paint a relatively inaccurate picture of the coins demand and can be misleading, especially for novice investors or traders. Therefore, CoinGecko is the reigning champ of the market cap calculation criteria.

The ease of sorting out assets based on given criteria is essential for a good cryptocurrency tracker. These filters help users visualize the finer details of a particular asset.

CoinGecko has multiple filters. Below is a summary of each and what it can help you achieve.

Price filters: You can view tokens by their prices over the last hour, day, week, or month.

Trust score: This filter shows the liquidity for specific trading pairs. It also indicates API coverage and operation scale.

Hot-cold wallet: Classifies tokens based on the DeFi wallets that support them.

Social: This classifies a tokens community presence on platforms like Reddit and Twitter.

Developers: Filters a tokens development pages, including GitLab and GitHub.

ICO: This helps investors track Initial Coin Offerings

What is NFT Champions (CHAMP)?

NFT Champions is a P2E gaming platform. It enables players to compete and win tournaments for prizes. The goal of the platform is to facilitate NFT trading and help increase the resale value of NFTs. Non-trusted tokens (NFTs) are digital assets used to indicate ownership of assets such as artwork, videos, images, and more. They are stored on the blockchain, having them immutable. You cannot copy or duplicate NFTs.

NFT Champions seeks to facilitate simplified transactions by charging low transaction fees. This online NFT marketplace is accessible to both mobile and web users. You must have in-game tokens to participate in the marketplace trading process. Every NFT sale on the NFT Champions platform goes toward holding a reward. It also imposes a maximum mint limit on each Champion. The maximum mint limit causes NFTs to automatically become lagged.

The maximum total supply of the most common monsters on NFT Champions is set to 2,500. The first generation of NFT champions is also considered rare compared to the second generation.

In the platform's advanced battle system, the composition of the team is the primary factor in determining how well a player will place in a tournament. Each player's NFT stats determine their skills, speed, accuracy, attack strength, counterattack success rate, and more.

Online events on the platform allow players to discover hidden side quests and compete against other players.

NFT Champions promotes cooperative play between players worldwide. You must make an initial investment in at least one NFT Champion to participate in the game. You can receive this in the form of gifts from other players. After you create a starter team and start competing in missions and challenges, you can start earning NFTs and other rewards.

CHAMP is a native token for the ecosystem. You can use CHAMP tokens to trade NFTs on the platform, and transferred tokens will be destroyed, repurchased, and held for rewards. The token was launched on 2021 XNUMX and is based on the Polygon blockchain. The Polygon network is built on top of Ether and is designed to address the scalability issues associated with the Ether blockchain. Polygon transactions run and complete faster than Ether blockchain transactions.

Coingecko NFT Champions serves as a curated list that showcases top-performing NFT projects and creators based on various metrics and qualitative assessments. It acts as a benchmark for excellence in the NFT space, guiding investors, collectors, and enthusiasts towards projects with significant market impact and community engagement.

Criteria for Inclusion in NFT Champions

The inclusion criteria for Coingecko NFT Champions are rigorous and designed to ensure that only the most deserving projects and creators are featured. Key factors considered include:

Market Performance: Metrics such as trading volume, transaction frequency, and price appreciation are analyzed to gauge a project's market success.

Innovation and Creativity: Projects that introduce novel concepts, innovative uses of blockchain technology, or groundbreaking digital artworks are prioritized.

Community Engagement: The strength and activity of the project's community, including social media presence, active participation in NFT marketplaces, and support from influencers and celebrities, are crucial factors.

Longevity and Sustainability: Projects that demonstrate long-term viability, sustainability in their operations, and ongoing development efforts are favored.

How Rankings and Categories are Determined

Coingecko employs a sophisticated algorithm and expert analysis to determine the rankings and categories within NFT Champions. Factors considered include quantitative data (e.g., trading volume, price performance) and qualitative assessments (e.g., innovation, community engagement). Projects are categorized based on their type (e.g., art, gaming, collectibles) and their impact within their respective categories.

Impact of Coingecko NFT Champions

The NFT Champions list curated by Coingecko not only recognizes excellence but also influences market trends and investor behavior. Projects featured in NFT Champions often experience increased visibility and credibility, attracting more investors and collectors. Moreover, being listed can validate a project's legitimacy and quality, leading to broader adoption and higher valuation in the NFT marketplace.

Why should I buy Coingecko NFT Champions (CHAMP)?

Here are the reasons why you should buy the NFT Champions Token (CHAMP):

1: There is a unique use case

NFT Champions offers gamers a unique way to earn money on the blockchain. Players can earn real money and unique rewards by playing NFT Champions. Game mechanics will be constantly updated to maximize the community experience and keep gameplay fresh. New regions, modes, champions, events and tournaments will be introduced regularly.

2: There's a Carefully Planned Future

NFT Champions has a clear roadmap detailing the direction of the program. Purchasing Coingecko NFT Champions will help you earn rewards and grow with the program.

3: Having a huge following

NFT Champions has managed to accumulate a huge following on social media. The project has over 20K followers on Twitter. Its Telegram channel has over 5000 members. This can be attributed to the fact that crypto enthusiasts see great potential in the program.

4: The right investment

Coingecko NFT Champions is a promising investment that doesn't require large sums of money. Investing in the program now means that it will pay off handsomely in the future.

NFT Champions Game Cycle

Playing NFT Champions game consists of the following steps:

Step 1: Purchase NFT from an online marketplace or community trader. Prices for NFT Champions start at $MATIC, a $100 value. You can buy them with $MATIC or $CHAMP.

Step 2: Upgrade your NFT by fighting online players or CPUs.

Step 3: Go to the Training Center and upgrade your team's combat data.

Step 4: Train your NFT Champion to the highest current level.

Step 5: Fuse two advanced NFTs in the DNA Lab to increase their maximum level.

Step 6: Upgrade the NFTs again to evolve them to the next level. Repeat this until your fighters reach their final evolution.

Step 7: Choose your most powerful NFT team and use it to compete in online matches, raids, live events, and tournaments.

Step 8: Sell your rare NFTs to online traders.

Where can I buy NFT Champions (CHAMP)?

CHAMP tokens are bought and sold on centralized cryptocurrency exchanges and decentralized exchanges. Crypto Exchange is the most popular exchange for buying and trading NFT Champion. You can also crypto exchange from Coingecko. Other platforms where you can buy Champ tokens are Gate.io, CoinMarketCap, and MEXC Global.

Steps to buy NFT Champion (CHAMP)

While there are many platforms where you can buy NFT Champion (CHAMP), Gate.io makes it easier. The platform also offers different ways to buy tokens. Here are the steps on how to buy CHAMP tokens on the Gate.io exchange:

Step 1: Create your account on Gate.io

To buy CHAMP tokens on Gate.io, first register for an account account. All you need to create an account is a valid email address, phone number, and password. However, if you already have an account on the platform, simply log in.

Step 2: Complete KYC and Security Verification

The exchange will take you through the KYC and Security Verification process to purchase NFT Champions. Make sure you complete it. The purpose of this step is to ensure the security of each user's transaction.

Step 3: Choose How to Buy NFT Champions (CHAMP)

There are several ways to purchase NFT Champions. The common ones are as follows:

Spot trading - you can specify the market price to buy NFT Champions (CHAMP) or preset the desired purchase price for the most popular NFT Champions (CHAMP) currency pair CHAMP USDT.

On-chain deposits - you may have NFT Champions NFT wallet in your other. You can transfer to your Gate.io account for an on-chain deposit. Select NFT Champions and then select the network where the transaction will run. Complete the transaction using your deposit address.

GateCode Deposits- You can use GateCode deposits to get NFT Champions from other users on the Gate.io platform. All you need is the GateCode provided by the depositor to complete the process quickly and without incurring any fees.

Step 4: Complete the transaction

After a successful transaction, your NFT Champion (CHAMP) will be reflected in your wallet. You can also contact the platform's support team for assistance.

Buy and Sell NFTs for Profit

You can increase your crypto income by buying NFTs and selling them for profit. NFTcrypto.io makes this easier for you with their NFT signal trading system. They find profitable trades in the NFT market and share the signals with you in real-time. Join NFT Signals today and become a successful NFT trader. To date, the total group profit of the platform's users has exceeded $100 million.

FAQ

1.Where can you buy NFT Champions?

CHAMP tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade NFT Champions is Quickswap, where the most active trading pair CHAMP/USDT has a trading volume of $13,162.78 in the last 24 hours. Other popular options include Gate.io and Matcha (Polygon).

2.What is the daily trading volume of NFT Champions (CHAMP)?

The trading volume of NFT Champions (CHAMP) is $29,522.38 in the last 24 hours, representing a 126.70% increase from one day ago and signaling a recent rise in market activity.

3.What is the all-time high for NFT Champions (CHAMP)?

The highest price paid for NFT Champions (CHAMP) is $1.09, which was recorded on Nov 25, 2021 (over 2 years). Comparatively, the current price is 99.75% lower than the all-time high price.

4.What is the all-time low for NFT Champions (CHAMP)?

The lowest price paid for NFT Champions (CHAMP) is $0.002701, which was recorded on May 21, 2024 (28 days). Comparatively, the current price is 2.87% higher than the all-time low price.

5.What is the fully diluted valuation of NFT Champions (CHAMP)?

The fully diluted valuation (FDV) of NFT Champions (CHAMP) is $2,775,924. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion CHAMP tokens are in circulation today. Depending on how the emission schedule of CHAMP tokens is designed, it might take multiple years before FDV is realized

6.How to add NFT Champions (CHAMP) to MetaMask?

Adding NFT Champions (CHAMP) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you‘ll need to import CHAMP as a token. You can copy CHAMP’s contract address (0x8f9e8e833a69aa467e42c46cca640da84dd4585f) and import it manually, or if you've installed MetaMask's Chrome extension, add CHAMP to MetaMask with one click on CoinGecko.

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