IFX24IFX24
$0.0237
Market/Exchange
IFX24 Price Prediction and Price Movement
IFX24 has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that IFX24's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if IFX24 is backed by a solid development team and whether IFX24's technology has any potential to grow.
Please note that this analysis is purely base on IFX24's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
IFX24 Price Chart
About IFX24
Launched on 05/30/2019, IFX24 Exchange is an interest-free trustless margin trading exchange that provides interest-free loans by enabling users to collateralize their digital assets to get a stable coin pegged to the price of XAU "DXAU" at zero fees. IFX24 also replaces centralized account balances with a decentralized smart contract on the Ethereum blockchain that holds all account balances. This hybrid model of a centralized matching engine coupled with decentralized account balances gives traders the speed and reliability of off-chain price discovery combined with the trustless security of on-chain account settlement. IFX24 tokens are also used to pay transaction fees on the IFX24 exchange and provides holders with voting rights within IFX24 voting system.
IFX24 is an erc20 token that combines decentralized governance, and a self-funding treasury. IFX24 allows a users to stake his or her IFX24 token for a share of the new ifx24 token issuance, or inflation and contains features designed to incentivize behaviors that encourage price appreciation and disincentivize behaviors that encourage harm to the price. The IFX24 staking smart contract penalizes stakers for ending their stake early and rewards them for staking larger amounts of IFX24 for longer periods.