MFT Crypto
MFT is trading at 0.006554 as of the 28th of November 2024, a 0.4 percent down since the beginning of the trading day. Cryptocurrency ratings for MFT are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
MFT is a digital token from an internet market maker for peer-to-peer digital cash-like asset called Cryptocurrency. Please note that MFT has not been traded in the last 3 months and is extremely volatile. Cryptocurrencies such as MFT are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as MFT are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.
MFT Crypto Coin Highlights
Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. MFT's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding MFT or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
| Business Concentration | Technology, Cryptocurrency, Blockchain (View all Sectors) |
MFT is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on few exchanges in multiple currencies. Hifi Finance (MFT) is an open-source and decentralized digital asset protocol built on Ethereum. It is used to facilitate the creation of digital assets, provide liquidity and allow users to interact with them through a decentralized platform. It also enables users to access financial services such as lending, borrowing, staking and trading. | |
| Other Smart Contract Address | View |
| Symbol | MFT |
| Rating | C- |
| Technology Adoption Rating | C- |
| Market Performance Rating | D+ |
| Name | MFT |
| Sponsored | false |
| Built On | ETH |
| Decimal Points | 18.0 |
| Is Trading | true |
| Asset Launch Date | 2018-07-04 |
| Full Name | Hifi Finance (Old) (MFT) |
| Asset Website Url | https://hifi.finance/ |
| Platform Type | token |
| Coin Name | Hifi Finance (Old) |
| Total Coins Mined | 479.43 Million |
| Smart Contract Address | View |
MFT (MFT) is traded on CRYPTO Exchanges. MFT is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MFT's market, we take the total number of its shares issued and multiply it by MFT's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
MFT's Exchanges and Markets
MFT Risk Profiles
| Mean Deviation | 1.44 | |||
| Semi Deviation | 1.78 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.11 |
MFT Technical Analysis
When it comes to investing in cryptocurrency, such as MFT, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of MFT, which is currently traded at 0.006554, shows everything you need to know about MFT market value. You don't have to consider the fundamental factors that affect a crypto asset, such as MFT, to determine its price movements. However, the MFT's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so MFT's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project MFT's future price trendTransformation |
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MFT Against Markets
MFT Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MFT crypto coin to make a market-neutral strategy. Peer analysis of MFT could also be used in its relative valuation, which is a method of valuing MFT by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Investing Ideas
In addition to having MFT in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Thematic Opportunities
Explore Investment Opportunities
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .