Unifi Protocol DAO (UNFI) is a group of non-custodial, interoperable multi-chain smart contracts that provide the tools for Decentralized Finance (DeFi) product development. The UNFI token is the native governance token, which users can stake and earn as rewards. The price of UNFI is calculated in real-time by aggregating the latest data across 25 exchanges and 31 markets, using a global volume-weighted average formula. As of July 2024, the price of UNFI was BTC0.00004343, with a 24-hour trading volume of $5,662,002.26. This represents a 6.50% price increase in the past 7 days, outperforming the global cryptocurrency market. With a market cap of BTC342.6451 and a fully diluted valuation of BTC434.2919, UNFI has seen both highs and lows since its launch. So, is UNFI crypto a good investment? Well, that's up to you to decide.
What You'll Learn
Current price of UNFI
The current price of Unifi Protocol DAO (UNFI) is BTC0.00004343 or $2.78. This represents a 2.20% price increase in the last 24 hours and a 6.50% price increase in the past 7 days. The highest price paid for UNFI was BTC0.001209, recorded on March 1, 2021, and the lowest price was BTC0.00004037, recorded on May 12, 2022. Compared to its all-time high price, the current price is 93.60% lower, and compared to its all-time low price, it is 104.90% higher.
The trading volume of UNFI in the last 24 hours is $5,662,002.26, a 7.30% decrease from the previous day. The market capitalization of UNFI is BTC342.6451, and it is ranked #1022 on CoinGecko. The circulating supply of UNFI is 7.9 million tokens, and the maximum supply is 10 million tokens.
UNFI tokens can be traded on centralized crypto exchanges such as Hotcoin, WhiteBIT, and Phemex. The most active trading pair is UNFI/USDT on Hotcoin, with a trading volume of $187,676.17 in the last 24 hours.
UNFI is also available on Coinbase Wallet, where users can buy, sell, and trade UNFI.
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Historical price of UNFI
The historical price of Unifi Protocol DAO (UNFI) has been volatile, with the cryptocurrency reaching its all-time high on 1 March 2021, and its all-time low on 12 May 2022.
On 1 March 2021, the highest price paid for UNFI was BTC0.001209. On 12 May 2022, the lowest price paid for UNFI was BTC0.00004037. This means that the current price of UNFI, as of 26 September 2024, is 93.60% higher than its all-time low, and also 93.60% lower than its all-time high.
In terms of US dollars, on 26 September 2024, the price of UNFI was $2.78, with a 24-hour trading volume of $5,662,002.26. This represented a 2.20% price increase in the last 24 hours and a 6.50% price increase in the past 7 days.
On 12 September 2024, UNFI's price was $2.56, with a 24-hour trading volume of $4.21 million. This meant that the price of UNFI was up 1.29% in the last 24 hours.
As of 25 September 2024, UNFI's price was $2.71, with a 24-hour trading volume of $4.21 million. This meant that the price of UNFI was +0.00% in the last 24 hours.
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Trading volume of UNFI
The trading volume of Unifi Protocol DAO (UNFI) in the last 24 hours is $5,662,002.26, representing a 7.30% decrease from the previous day. This indicates a recent fall in market activity. The highest 24-hour trading volume of UNFI was recorded on March 1, 2021, and was BTC0.001209. In contrast, the lowest 24-hour trading volume was BTC0.00004037, recorded on May 12, 2022.
The most popular exchange for buying and trading UNFI tokens is Hotcoin, where the most active trading pair is UNFI/USDT, with a 24-hour trading volume of $187,676.17. Other well-known exchanges that support UNFI trading include Binance, WhiteBIT, Phemex, Coinbase, Bybit, BYDFi, and KCEX.
UNFI's price has increased by 6.50% in the past 7 days, outperforming the global cryptocurrency market, which is up by 3.50%. As of September 2024, the live price of UNFI is $2.73, with a market cap of $23,518,009 and a 24-hour trading volume of $6,397,856.
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Market cap of UNFI
The market capitalization, or market cap, of a company refers to the total market value of its publicly traded shares. As of September 2024, United Natural Foods (UNFI) has a market cap of $0.86 billion, making it the 5590th most valuable company in the world by market cap.
The market cap of Unifi Protocol DAO (UNFI) is calculated by multiplying the current price of UNFI by its circulating supply. As of September 20, 2024, the market cap of UNFI was $23,518,009, with a circulating supply of 8,629,041 UNFI coins and a maximum supply of 10,000,000 UNFI coins. The current price of UNFI is $2.73, with a 24-hour trading volume of $6,397,856.
The market cap of UNFI can be compared to similar companies or competitors. For example, The Chefs' Warehouse is a company with a similar market capitalization.
UNFI is a multi-chain governance token for Unifi Protocol DAO, and its availability on multiple blockchains as a native asset with governance rights supports its token economy. The DAO maintains the liquidity of the token on these blockchains, with full details available in the Dev docs on the Unifi Protocol website.
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How to buy UNFI
Step 1: Set Up a Crypto Wallet
First, you will need to set up a cryptocurrency wallet that supports the purchase of UNFI. Some popular options include MetaMask, Trust Wallet, or Coinbase. These platforms allow you to store, send, and receive cryptocurrencies securely.
Step 2: Fund Your Crypto Wallet
Once you have set up your wallet, you will need to fund it with fiat currency (e.g., USD, EUR) or another cryptocurrency such as Bitcoin or Ethereum. You can typically do this by linking a bank account or credit/debit card to your wallet and initiating a transfer. Make sure to check the fees and transaction processing times, as they may vary depending on the platform and payment method.
Step 3: Choose a Cryptocurrency Exchange
UNFI can be traded on centralized crypto exchanges. According to CoinGecko, the most popular exchange to buy and trade UNFI is Hotcoin, where the most active trading pair is UNFI/USDT. Other popular options include WhiteBIT and Phemex.
Step 4: Place a Buy Order for UNFI
After funding your crypto wallet, you can place a buy order for UNFI on your chosen exchange. Log in to your exchange account and navigate to the market or exchange section. Find the trading pair you want (e.g., UNFI/USDT) and enter the amount of UNFI you want to buy or the amount of fiat/crypto you want to spend. Review the order details and execute the trade.
Step 5: Store Your UNFI Securely
Once you have purchased UNFI, you can choose to keep it on the exchange or withdraw it to your personal crypto wallet. It is generally considered more secure to store your cryptocurrency in a private wallet, as it gives you full control over your funds. Remember always to back up your wallet and keep your private keys secure to prevent losing access to your UNFI tokens.
Please note that cryptocurrency investment carries inherent risks, and it is essential to do your own research and carefully consider your financial situation before investing. The value of cryptocurrencies can be highly volatile, and there is always the risk of losing money when investing in this asset class.
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