Fracton Protocol becomes the top holder of seven popular NFT pools

  • Fracton Protocol became the top holder of seven highly sought-after NFT pools.
  • The NFTs include Doodles, Genuine Undead, Mfers, ENS 10k club, Renga Valhalla and Fluf.
  • The platform’s achievement highlights the growing popularity of NFTs among the crypto community.

Leading NFT fractionalization infrastructure Fracton Protocol announced its leading position in the NFT space, and is the top holder of a number of highly valued blue-chip NFT pools including Doodles, Genuine Undead, Mfers, ENS 10k club, Renga Valhalla and, Fluf.

It is noteworthy that CEX’s integration with crypto exchange KuCoin has effectively influenced the creation of the protocol; The Fracton protocol is the largest holder of seven highly favored NFT pools, despite the ongoing bearish NFT market. Although many NFT platforms and projects have been seriously affected by the cold phase of the market, Fracton Protocol has made a “strong statement and consolidated its position as a key player in the rapidly developing world of NFT”, mainly through fractionalization and CEX – integration.

Fracton Protocol
Fracton Protocol

In addition to the remarkable collection of NFTs, Fracton Protocol owns a set of satisfactory achievements, including TVL (Total Value Locked) which presented a significant increase in 10 months, increasing to over 7000 ETH; the significant TVL is yet another proof of the platform’s potential to reshape the NFT arena.

Significantly, Fracton Protocol’s top position in the NFT space marks the milestone for the fractionalization trading platform, further proving the popularity as well as the public demand for non-fungible tokens (NFTs) among the crypto community. Presumably, the platform’s revelation suggests that a merger of the crypto space and the NFT world is essential for the development of both industries; by combining the users of crypto and NFT space, one can see massive growth in both areas.

Interestingly, the Global Head of Community at Fracton Protocol shared his satisfaction after becoming the “top holder” in the “prestigious NFT collections”. He quoted:

“[the top position] highlights Fracton Protocol’s commitment to supporting valuable digital assets and our influential role in the NFT ecosystem. Our involvement gives increased visibility and liquidity to these projects, which ultimately benefits the entire NFT community and paves the way for future growth and success.”

Furthermore, the exceptional performance of the platform demonstrates Fracton Protocol’s efforts to ensure the development of the NFT market, bridging the gap between the crypto and NFT space. It was also claimed that the platform focuses on providing new opportunities for beginners who want to invest in NFTs.

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Disclaimer: This content is informative and should not be considered financial advice. The views expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basics. Readers are encouraged to do thorough research before making investment decisions. Crypto Basic is not responsible for financial losses.

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