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CryptoNewsZ 2024-02-07 14:30:08

ERC404, Ethereum’s experiment, generates $87 million in trades

The NFT crypto-hybrid, ERC404, dubbed Ethereum’s experiment, has reportedly generated $87 million in total volume on DEXs, that is, decentralized exchanges. The same figure for NFT marketplaces stands at just below $1 million. The novel token brings together the attributes of fungible tokens and NFTs—non-fungible tokens. The end goal is to enhance liquidity and trading …

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