NEWSLETTER
Flyer and NFTX are experiencing a notable increase in the price since both memes currencies exceed 234% in the last check on Saturday.
NFTX, the decentralized protocol with the objective of creating liquidity for non -fungible tokens (nft), has caught attention in cryptographic and nft spaces.
And although it is not known much about Flayer, we do know that today marks the first one in which the currency appears in Lbank, a global cryptocurrency exchange.
Flay
At the time of writing, flayer (flay) rose around 240%.
<img decoding="async" width="1024" height="747" src="https://crypto.news/app/uploads/2025/02/chart99-1024×747.png” alt=”Flyer, NFTX arises more than 200%: what is driving the increase? – 1″/>
Flay admits protocols built by Flayer Labs, a technology company that specializes in blockchain, decentralized finance (defi) and web development.
The Flaunch protocol is a meme coin launcher based on base architecture and compatible with UNISWAP V4, the latest version of the decentralized exchange protocol (DEX).
In particular, phrases holders can turn a rate switch to receive 10% of the transaction rate for the protocol. Holders also have access to governance in the fault chain, according to LBANK.
NTHTX
The main driver behind the NFTX (NFTX) price increase seems to be an increase in the non -fungible token market (nft).
In recent weeks, the nft market has seen a resurgence in the demand for high profile collections, and the unique NFTX offer, which allows users to group and exchange tokenized versions of nft, has obtained greater adoption.
The recent market movement has attracted institutional and retail investors who seek ways to obtain exposure to nft without buying individual tokens, which can often be illegid or prohibitively expensive.
This is how NFTX is currently quoting:
<img decoding="async" width="1024" height="747" src="https://crypto.news/app/uploads/2025/02/chart100-1024×747.png” alt=”Flyer, NFTX arises more than 200%: what is driving the increase? – 2″/>
In addition, NFTX has advanced in the expansion of its Defi associations, integrating its liquidity groups with main platforms such as UNISWAP and Sushiswap, even more improving its usefulness.
The NFTX price jump is also aligned with the widest trend of institutional players who move to nft space. With large players such as coverage funds and venture capital companies that begin to take nft more seriously, the nft liquidity market is maturing.
