Why is RFOX (RFOX) crypto rising?

Follow us on Google News:
 Why is RFOX (RFOX) crypto rising?
Image source: Wit Olszewski,Shutterstock.com


  • RFOX is a metaverse-focused project that seeks to provide an all-embracing experience in the virtual world.

  • It is currently launched in the beta version.

  • The RFOX token can be traded on Gate.io, Uniswap (V3), PancakeSwap (V2), etc.

Many new products continue to join the crypto family. But the NFTs or non-fungible tokens are among the most popular, driven by their unique metaverse concepts.

These crypto projects cover many spheres of life today - from music, retail to gaming.

One such crypto project is RFOX (RFOX), making a big splash on the scene. The RFOX token surged over 6% on Wednesday morning, while its last 24-hour volume rose more than 29%.

Also Read: Why is Stellar (XLM) crypto rising?

RFOX (RFOX) crypto price and performance

Source: *Data provided by CoinMarketCap.com

What is RFOX (RFOX) crypto?

RFOX is a metaverse-focused project that aims to provide a complete metaverse experience targeting the retail, media, and gaming segments.

According to its website, its native RFOX digital token boosts its metaverse ecosystem, currently launched in a beta version. It allows users to create, organize, and sell NFTs effortlessly.

The Web 3 NFT marketplace allows artists, creators, and businesses to create NFTs without worrying about technical processes. It plans to be a one-stop shop for users who want to create, organize, and trade non-fungible tokens.

Also Read: Why is FTX Token (FTT) rising?

Why is it gaining attention?

The buzz around metaverse is attracting people in droves from diverse fields, including gaming, music, and content, and boosting gains in the NFT market.

To build a close rapport and educate the users, CEO and Co-founder Ben Fairbank had recently said he would answer 10 questions on NFTs from them.

Also Read: Why is Immutable X (IMX) crypto rising?

The RFOX ecosystem offers various innovative services like RFOX Valt, RFOX NFTs, RFOX Games, RFox Medias, and RFOX Finance.

The RFOX coin can be traded on Gate.io, Uniswap (V3), PancakeSwap (V2), etc.

Also Read: What is StaySAFU (SAFU) crypto?

Bottom line:

The RFOX token was priced at US$0.04964 at 11:56 am ET, up 6.89%, while its one-day volume jumped 29.59% to US$1.15 million. Its total and max supply is 2 billion, and its current circulating supply is 1.31 billion.

RFOX's market capitalization is US$65.13 million, and its fully-diluted market cap is US$99.28 million. The global crypto market was up 7.72% to US$1.85 trillion on Wednesday morning.  The market shrugged off concerns over a possible tighter law hinted by the Treasury Department.

Also Read: Why is Pawtocol (UPI) crypto gaining attention?

Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instruments or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete, or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.


The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.

Featured Articles