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About UFI

What is PureFi Protocol (UFI)PureFi Protocol allows dApps to fully comply with local and global regulations while preserving decentralization and user anonymity.Developed by AMLBot in partnership with Hacken Foundation to provide a full-cycle solution for crypto asset analytics and AML/KYC procedures for the Web3 infrastructure.

PureFi Protocol (UFI) is a cryptocurrency launched in 2021. UFI has a current supply of 100.00M with 58.42M in circulation. The last known price of UFI is 0.07835840467 USD and is 0.003669445842 over the last 24 hours. It is currently trading on active market(s) with $52,737.10 traded over the last 24 hours. More information can be found at https://purefi.io.

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UFI Price Statistics
UFI’s Price Today
24h Price Change
+$0.0036694458424.91%
24h Volume
$52,737.102.20%
24h Low / 24h High
$0 / $0
Volume / Market Cap
0.011519882189
Market Dominance
0.00%
Market Rank
#1638
UFI Market Cap
Market Cap
$4.58M
Fully Diluted Market Cap
$7.84M
UFI Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
UFI Supply
Circulating Supply
58.42M
Total Supply
100.00M
Max Supply
100.00M
Updated Dec 07, 2024 6:47 am
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UFI
PureFi Protocol
$0.07835840467
$0.003669445842(+4.91%)
Mkt Cap $4.58M
There's nothing here for now
Crypto Wallets With Positive Balances Surpass 400 Million Amid Bull Market
Crypto Wallets With Positive Balances Surpass 400 Million Amid Bull Market
According to Cointelegraph, the number of cryptocurrency wallets with positive balances has exceeded 400 million, as reported by Chainalysis. This surge is attributed to the ongoing bull market, which is drawing both institutional and retail investors into the crypto space, particularly those dealing with dollar-pegged stablecoins. The report, dated December 5, indicates a significant trend in crypto adoption, evidenced by the increase in wallets with non-zero balances. However, it is important to note that wallet addresses do not necessarily equate to the number of individuals using blockchain technology. The Chainalysis team emphasized a "seismic shift" in both the perception and usage of cryptocurrencies. They noted that the current market cycle's increased adoption is marked by a "convergence" between the digital economy and traditional financial institutions. This convergence is facilitated by the introduction of exchange-traded funds (ETFs) and related financial products, allowing traditional finance to enter the crypto space. The report also highlights the dominance of stablecoins in onchain transactions. Since the beginning of 2024, stablecoins have accounted for 50% to 75% of all onchain transactions. While stablecoins are generally viewed as fiat on-ramps and off-ramps for the crypto markets, they are increasingly being used as a store of value, especially in emerging economies. In countries like Venezuela and across Latin America, US dollar stablecoins are becoming a popular choice for remittances and accessing liquidity in regions with limited access to the currency or strict capital controls. The utility of stablecoins has been recognized by US Federal Reserve Governor Christopher Waller, who, in an October 18 speech, suggested that stablecoins could enhance the existing financial system by lowering cross-border settlement costs. Similarly, the US Treasury’s Borrowing Advisory Committee, in an October 30 report, noted that dollar-pegged stablecoins could increase demand for Treasury Bills and improve the operational efficiency of issuing Treasury assets. Paxos CEO Charles Cascarilla also addressed US lawmakers on October 29, arguing that stablecoins are crucial for maintaining the dollar's relevance in the digital economy.
Dec 07, 2024 6:03 am

Frequently Asked Questions

  • What is the all-time high price of PureFi Protocol (UFI)?

    The all-time high of UFI was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of PureFi Protocol (UFI) is 0. The current price of UFI is down 0% from its all-time high.

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  • How much PureFi Protocol (UFI) is there in circulation?

    As of , there is currently 58.42M UFI in circulation. UFI has a maximum supply of 100.00M.

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  • What is the market cap of PureFi Protocol (UFI)?

    The current market cap of UFI is 4.58M. It is calculated by multiplying the current supply of UFI by its real-time market price of 0.07835840467.

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  • What is the all-time low price of PureFi Protocol (UFI)?

    The all-time low of UFI was 0 , from which the coin is now up 0%. The all-time low price of PureFi Protocol (UFI) is 0. The current price of UFI is up 0% from its all-time low.

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  • Is PureFi Protocol (UFI) a good investment?

    PureFi Protocol (UFI) has a market capitalization of $4.58M and is ranked #1638 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze PureFi Protocol (UFI) price trends and patterns to find the best time to purchase UFI.

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