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What is Defactor (FACTR)?

Defactor basic info

Name:Defactor
Ticker:
FACTRBuy now
Introduction:

The Evolution and Significance of Cryptocurrencies

If we were to pinpoint a technological innovation that has drastically affected today's business space and financial transactions, cryptocurrencies would definitely take one of the top spots. Cryptocurrencies, shimmering with the gleam of decentralization, anonymity, and enhanced security, have shown a promising potential that is redefining the contours of financial activities globally.

The Historical Significance of Cryptocurrencies

The footprints of cryptocurrency can be traced back to the emergence of Bitcoin (BGB) in 2009. Introduced by an anonymous figure or group named Satoshi Nakamoto, BGB was devised as a peer-to-peer electronic cash system designed to give online users the capacity to process transactions without the need for an intermediary.

As the very first cryptocurrency to see the vibrant light of the digital world, BGB innovatively shook the landscape of finance and technology with its underlying technology—blockchain. This digital ledger system revolutionized the way transactions are recorded, verified, and maintained, instigating the birth of numerous other cryptocurrencies inspired by this revolutionary trend.

The invention of BGB and the consequent proliferation of other cryptocurrencies marked a significant moment in history for several reasons:

  • Promotion of Decentralization: By eliminating middlemen like banks or governments, cryptocurrencies enable user-to-user transactional processes, fostering a decentralized economy.
  • Global Financial Inclusion: Cryptocurrencies can provide access to financial services to unbanked populations or those being left out by traditional banking systems.
  • Enhanced Online Transaction Security: Through the use of cryptographic algorithms, cryptocurrencies ensure the security and integrity of transactions, reducing potential frauds or malicious attacks.
  • Promoting Financial Transparency: The blockchain's immutable nature ensures that all transactions are available for public verification, enhancing transparency and accountability.

Key Features of Cryptocurrencies

Cryptocurrencies are characterized by distinctive features that separate them from traditional fiat currencies:

  • Decentralization: Without any central authority, cryptocurrencies employ a decentralized interface where transactions are managed by technology, mitigating the influence of governments or financial institutions.

  • Anonymity Privacy: In the crypto world, users can maintain anonymity since they are identified only by their public addresses rather than personal identification details.

  • Security: Cryptocurrencies leverage cryptographic algorithms for transaction processing and verifying assets, ensuring high-level security compared to conventional economic systems.

  • Limited Supply: Many cryptocurrencies like BGB have a capped supply, making them immune to inflation and retaining their value over time.

  • Blockchain Technology: The existence of a public ledger shared across the users makes cryptocurrencies transparent, verifiable, and immutable.

The Road Ahead

With the increased realization of cryptocurrencies' potential, they are no longer viewed as merely digital assets but have found their use in various realms such as international remittance, investment assets, fundraising for projects (through ICOs), and in drafting smart contracts.

Cryptocurrencies are reimagining the concept of money, establishing themselves as a significant player in the global economy. However, they are still in the early adoption phase with regulatory, security, and operational challenges to overcome. But this digital economic transformation's trajectory suggests a promising and innovative future powered by cryptocurrencies.

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Current price:
All-time high:$4.45
All-time low:$0.00

FACTR supply and tokenomics

Circulating supply:0 FACTR
Total supply:300,000,000 FACTR
Max supply:300,000,000 FACTR
Market cap:$0.00
Fully diluted market cap:$13.83M

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Buy Defactor for $1Buy FACTR now

What is the development prospect and future value of FACTR?

The market value of FACTR currently stands at $0.00, and its market ranking is #4409. The value of FACTR is not widely recognized by the market. When the bull market comes, the market value of FACTR may have great growth potential.

As a new type of currency with innovative technology and unique use cases, FACTR has broad market potential and significant room for development. The distinctiveness and appeal of FACTR may attract the interest of specific groups, thereby driving up its market value.

What will the price of FACTR be in 2025?
Based on FACTR's historical price performance prediction model, the price of FACTR is projected to reach $0.05517 in 2025.
What will the price of FACTR be in 2030?
In 2030, the FACTR price is expected to change by -17.00%. By the end of 2030, the FACTR price is projected to reach $0.09231, with a cumulative ROI of +92.91%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of FACTR and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is FACTR worth investing or holding? How to buy FACTR from a crypto exchange?

If you want to buy FACTR, the following information may be helpful for your investment decisions:
In the last 7 days, the price of FACTR has fallen by -9.77%, leading to negative returns for most FACTR investors. The market is currently pessimistic about the price trend of FACTR.
It is important to note that the current price of FACTR has retreated by -98.97% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether FACTR is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in FACTR or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of FACTR, if you want to buy or sell FACTR, you can consider Bitget for your trading needs. The best place to buy FACTR is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Defactor has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Defactor. Here's a step-by-step guide on how to buy Defactor on Bitget.

How to get Defactor through other methods?

Using cash to buy Defactor is not the only way to obtain Defactor. If you have the time to spare, you can get Defactor for free.
Learn how to earn Defactor for free through the Learn2Earn promotion.
Earn free Defactor by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Defactor airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Defactor through Bitget Convert, Bitget Swap, or spot trading.

What is Defactor used for and how to use Defactor?

The use case of Defactor may expand as the crypto market and the project itself develop. Currently, you can use FACTR to achieve the following goals:
Arbitrage by trading FACTR: Since FACTR is a frequently traded cryptocurrency, the price of FACTR is always fluctuating. Earn more FACTR by buying low and selling high on the exchange. Bitget spot market provides a variety of FACTR trading pairs to fully meet your needs.
Earn by staking FACTR: You can also generate income through financial management methods such as staking FACTR or lending FACTR. Bitget Earn offers a variety of financial products designed to help you earn more income from your FACTR.
Send or pay FACTR: If you want to give FACTR to your friends, a charity, or a fundraiser, or you want to pay someone with FACTR, you can quickly and easily send FACTR to the recipient through their payment address.
You can also go to the official website of the Defactor project to learn more about the use cases of FACTR. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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FACTR resources

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FACTR price calculator

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FACTR
USD
1 FACTR = 0.04610 USD
Last updated (UTC-0)
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