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  1. Bitcompare
  3. AnonFi (ANON)
AnonFi logo

AnonFi Interest Rates

ANON • Cryptocurrency

Price
AED 0.00
Market Cap
20.95M
24h Volume
24.75K
Supply
1.1B
ANON
AED
1 ANON =AED 0.00
Updated 2 January 2025
Disclaimer: This page may contain affiliate links. Bitcompare may receive compensation if you click on any links. Please refer to our Advertising disclosure.

Best AnonFi (ANON) Rates in the UAE

PlatformCryptocurrencyPrice
AzbitAnonFi (ANON)0
CoinExAnonFi (ANON)0
HTXAnonFi (ANON)0.000219

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Price of AnonFi (ANON) Today in the UAE

As of the latest data, AnonFi (ANON) is currently priced at AED 0.02 with a market capitalization of AED 20,952,052.00. The 24-hour trading volume stands at AED 24,745.00, The circulating supply of AnonFi is approximately 1100000000. The cryptocurrency has seen a 0% decrease in value over the past 24 hours.

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About AnonFi (ANON)

AnonFi (ANON) operates on a decentralized framework that emphasizes privacy and security, although specific details regarding its core technology, consensus mechanism, and network architecture remain unspecified. The project is noted for its reliance on external contracts during the execution of its primary methods, which introduces potential risks such as reentrancy attacks and access control issues, as highlighted by GoPlus. This dependency on other contracts necessitates a cautious approach when engaging with the token, as vulnerabilities in these external contracts could impact the overall integrity and security of the AnonFi network.
AnonFi (ANON) is primarily designed to enhance privacy in digital transactions, making it suitable for users who prioritize anonymity in their financial activities. One of its key use cases is facilitating secure peer-to-peer transactions without revealing user identities, which can be particularly beneficial in regions with stringent financial regulations or for individuals seeking to protect their financial privacy. Additionally, AnonFi can be utilized in decentralized applications (dApps) that require confidential data handling, such as private messaging platforms or anonymous voting systems. These applications leverage the token's privacy features to ensure that sensitive information remains secure and undisclosed, thereby addressing the growing demand for privacy-centric solutions in the blockchain space.
The tokenomics of AnonFi (ANON) features a distribution model designed to support its core objectives of privacy and security within the cryptocurrency ecosystem. While specific details regarding the total supply and distribution mechanisms are not provided, it is essential to recognize that effective tokenomics typically includes elements such as initial token allocation, incentives for early adopters, and mechanisms for maintaining market liquidity. The market dynamics of ANON are influenced by its utility in facilitating anonymous transactions and its appeal to users who prioritize privacy, which can drive demand. Additionally, the reliance on external contracts, as noted in the public notice, may impact market perception and trading behavior, necessitating a cautious approach from potential investors and users alike.
The security features of AnonFi (ANON) primarily center around its reliance on external contracts, which introduces both unique advantages and potential vulnerabilities. While specific details about the validation process and consensus mechanism are not disclosed, the network's architecture implies that security depends on the integrity of these external contracts. The invocation of functions from other contracts during the execution of primary methods raises concerns about risks such as reentrancy attacks and access control issues, necessitating robust security audits and continuous monitoring to mitigate these threats. Users are advised to exercise caution when interacting with the token, as the overall security of the network is directly influenced by the reliability and security of the external contracts it relies on.
Specific details regarding the development roadmap and major milestones achieved by AnonFi (ANON) are not provided; however, a typical roadmap for projects in the cryptocurrency space generally includes phases such as the initial token launch, implementation of core features, and enhancements to privacy protocols. Milestones may encompass successful audits of smart contracts, partnerships with other blockchain projects, and the introduction of new functionalities aimed at improving user experience and security. Tracking these developments is crucial for stakeholders to understand the project's progress and future direction, emphasizing the importance of staying informed about any updates or announcements related to AnonFi.