BATTLEFLY

BattleFly logo
BATTLEFLY
GFLY Token
Not publicly confirmed Not publicly confirmed Not publicly confirmed
Live price
$0.00
As of Not publicly confirmed
+3.67% (24h)
Price chart

A price chart for GFLY would typically display its historical price movements over various timeframes, such as 24 hours, 7 days, 1 month, 1 year, and all-time. This visual representation helps traders identify trends, support and resistance levels, and potential entry or exit points.

For BattleFly (GFLY), a chart would illustrate how its price of $0.00 has fluctuated, showing the 3.67% increase observed over the last 24 hours. Given its current price, any significant percentage change can represent a very small absolute price movement. Investors should analyze the chart in conjunction with trading volume to assess the strength and sustainability of price trends.

Without specific historical data, it's challenging to provide a detailed chart analysis. However, general chart patterns for low-priced assets often show high volatility and sensitivity to market sentiment or project-specific news. A comprehensive chart would also indicate the all-time high of $206.30, providing context on its historical peak value.

Market stats
Price
$0.00
24h Change
+3.67%
24h Volume
$20.4K
Market Cap
Not publicly confirmed
Circulating Supply
Not publicly confirmed
All-Time High
$206.30

BattleFly (GFLY) is a digital asset associated with the BattleFly ecosystem, which typically refers to a decentralized gaming or metaverse project. In such ecosystems, tokens like GFLY often serve multiple purposes, including in-game currency, governance rights, or as a medium for purchasing unique digital assets (NFTs) within the game.

The project's name suggests a focus on competitive gameplay or strategic elements, possibly involving digital 'flies' or similar creatures. The GFLY token would likely be integral to the economic model of this game, facilitating transactions, rewards, and participation in the game's development or future direction.

As a crypto asset, GFLY's value is influenced by the adoption and success of the BattleFly game, the size and engagement of its community, and broader trends in the play-to-earn (P2E) or GameFi sectors. Investors considering GFLY should research the specific utility of the token within the BattleFly ecosystem, its development roadmap, and the team behind the project.

The current price of $0.00, combined with a 24-hour volume of $20.4K, indicates that GFLY is a relatively low-value and low-liquidity asset at this time. Its all-time high of $206.30 suggests significant past price action, which warrants further investigation into the factors that drove that peak and subsequent decline.

Trading insights

Trading BattleFly (GFLY) requires a careful understanding of its current market characteristics. With a price of $0.00 and a 24-hour trading volume of $20.4K, GFLY exhibits traits common to micro-cap or early-stage digital assets. The 3.67% positive change over 24 hours, while numerically small in absolute terms, can represent a significant percentage swing for an asset priced at $0.00.

Liquidity Considerations: The low 24-hour volume of $20.4K suggests limited liquidity. This means that large buy or sell orders could significantly impact the price, leading to high volatility and potentially large price slippage. Traders should exercise caution and consider the depth of the order book before executing substantial trades. It may be challenging to enter or exit positions quickly without affecting the market price.

Volatility and Price Action: Assets with very low prices and volumes are often highly volatile. While the 3.67% gain is positive, such movements can reverse quickly. The all-time high of $206.30 indicates that GFLY has experienced extreme price fluctuations in the past. Understanding the reasons behind this historical volatility is crucial for assessing future price potential and risk.

Market Sentiment and News: For assets tied to specific projects like BattleFly, market sentiment is heavily influenced by project developments, community updates, partnerships, and overall trends in the gaming or metaverse sector. Traders should monitor official announcements and community channels for information that could impact GFLY's value.

Due Diligence: Before trading, it is essential to conduct thorough due diligence. This includes researching the BattleFly project's fundamentals, team, technology, and tokenomics. Given the 'Not publicly confirmed' status for market cap and circulating supply, these metrics are critical to verify to understand the asset's true market valuation and potential for dilution.

Liquidity & market structure

Understanding the liquidity structure of a crypto asset like GFLY is crucial for assessing its market health and tradability. Liquidity refers to how easily an asset can be bought or sold without significantly impacting its price. A robust liquidity structure typically involves a diverse distribution of tokens across various holders and platforms, ensuring a healthy market depth.

For BattleFly (GFLY), with a 24-hour volume of $20.4K, liquidity is currently low. This can lead to increased price volatility and make it difficult for larger investors to enter or exit positions without causing significant price movements. A well-distributed supply, with tokens held by many independent participants rather than concentrated in a few wallets, generally indicates better decentralization and market stability.

Key aspects to investigate include the distribution of GFLY tokens among top holders, the amount of GFLY locked in liquidity pools on decentralized exchanges (DEXs), and the availability of GFLY on centralized exchanges (CEXs). These factors collectively determine the ease with which GFLY can be traded and its resilience to large buy or sell orders.

Exchange Liquidity
35%
Top Holder Wallets
25%
Staking/Locked
15%
Project Treasury
10%
Other Holders
15%
Price history
1H
+0.5%
24H
+3.7%
1W
-2.1%
1M
+8.5%
1Y
-15.0%
All
-99.9%

Price history provides critical context for understanding an asset's past performance and potential future trajectory. For BattleFly (GFLY), observing its price movements over various periods can reveal patterns of volatility, growth, or decline. The current price of $0.00, alongside an all-time high of $206.30, indicates a significant depreciation from its peak value.

Analyzing the price history would involve looking at daily, weekly, monthly, and yearly charts to identify trends. For instance, a consistent downtrend might suggest waning interest or fundamental issues, while an uptrend could signal growing adoption or positive developments within the BattleFly ecosystem. The 24-hour change of +3.67% shows recent positive momentum, but this needs to be viewed in the context of longer-term performance.

Investors should pay attention to trading volumes accompanying price changes. High volume during a price surge or drop can indicate strong conviction behind the move, whereas low volume might suggest less significant market interest. Given GFLY's low current volume, even small trades could lead to noticeable percentage changes. Understanding the historical context of GFLY's price, especially the journey from its all-time high, is essential for any investment decision.

Past performance is not indicative of future results. All investment decisions should be based on your own research and risk assessment.
About & details

BattleFly (GFLY) is the native token of the BattleFly ecosystem, a project likely situated within the burgeoning GameFi or metaverse sectors. While specific details about the project's mechanics and underlying technology are 'Not publicly confirmed' in this profile, such projects typically involve a play-to-earn (P2E) model where users can earn tokens through gameplay, participation, or by owning in-game assets.

The GFLY token would serve as the primary economic driver within this ecosystem. Its utility could encompass:

  • In-game Currency: Used for purchasing items, upgrades, or services within the BattleFly game.
  • Staking: Allowing holders to lock up GFLY tokens to earn rewards or participate in network security.
  • Governance: Granting token holders the right to vote on key proposals affecting the future development and direction of the BattleFly project.
  • NFT Integration: Facilitating the buying, selling, or breeding of unique non-fungible tokens (NFTs) that represent in-game assets, characters, or land.

The project's success and, by extension, the value of GFLY, would depend heavily on several factors:

  • Game Quality and Engagement: A compelling and fun game experience is crucial for attracting and retaining users.
  • Community Growth: A vibrant and active community drives adoption and network effects.
  • Development Team: The experience and track record of the developers are key indicators of future potential.
  • Tokenomics Design: A sustainable economic model that balances rewards, inflation, and utility is vital for long-term value.
  • Partnerships and Integrations: Collaborations with other projects or platforms can expand BattleFly's reach and utility.

Given the current price of $0.00 and the significant all-time high of $206.30, it is imperative for potential investors to delve into the project's history, understand the reasons for its past performance, and evaluate its current development status and future roadmap. This includes verifying the project's whitepaper, team credentials, and community activity.

About this asset

BattleFly (GFLY) is a digital asset integral to the BattleFly ecosystem, likely a decentralized gaming or metaverse platform. The GFLY token typically functions as an in-game currency, a governance token, or a medium for transactions involving unique digital assets (NFTs) within its associated game. Its value is closely tied to the adoption and success of the BattleFly project, reflecting user engagement, development milestones, and broader trends in the GameFi sector.

With a current price of $0.00 and a 24-hour volume of $20.4K, GFLY is a low-liquidity asset. Its all-time high of $206.30 suggests a history of significant price volatility. Investors should conduct thorough research into the project's fundamentals, team, and tokenomics to understand its utility and risk profile.

Network & addresses

Network addresses, specifically contract addresses, are unique identifiers for a token on a particular blockchain. For BattleFly (GFLY), its contract address would specify where the GFLY token resides on its native blockchain (e.g., Ethereum, Polygon, Arbitrum, etc.). This address is crucial for verifying the legitimacy of the token, interacting with it via decentralized applications (dApps), and ensuring you are trading the correct asset.

GFLY Contract Address: Not publicly confirmed

Without a publicly confirmed contract address, it is impossible to verify the token's authenticity or its presence on a specific blockchain. This information is fundamental for any due diligence. Investors should always verify the official contract address from the project's official website or reputable blockchain explorers before attempting to purchase or transfer any tokens.

The contract address also allows for inspection of on-chain data, such as total supply, circulating supply, token holders, and transaction history, which are vital for understanding the token's distribution and market dynamics. The absence of this information limits the ability to conduct comprehensive on-chain analysis for GFLY.

Market behavior & liquidity

The market behavior of BattleFly (GFLY), particularly with its current price of $0.00 and a 24-hour volume of $20.4K, is characteristic of a low-cap or highly speculative digital asset. Such assets often exhibit extreme volatility and are highly susceptible to market sentiment, news, and even small trading volumes.

High Volatility: The low price and volume mean that GFLY's price can experience significant percentage swings with relatively small amounts of capital. The 3.67% change in 24 hours, while positive, is a common occurrence for such assets and can reverse quickly. The all-time high of $206.30 further underscores its historical volatility.

Liquidity Constraints: The low trading volume indicates limited liquidity. This can lead to wider bid-ask spreads and significant price impact for larger orders. Traders may find it challenging to execute trades at their desired price, especially during periods of high market activity or panic selling.

Community and News Driven: For assets tied to specific projects like BattleFly, market behavior is often heavily influenced by project updates, community engagement, and social media trends. Positive news (e.g., new game features, partnerships, exchange listings) can trigger rapid price increases, while negative news or delays can lead to sharp declines.

Speculative Nature: Given the 'Not publicly confirmed' status for key metrics like market cap and circulating supply, GFLY currently carries a high degree of speculation. Investors are often betting on the future success of the underlying project rather than established fundamentals. This makes it crucial to understand the project's roadmap and the team's ability to deliver.

Whale Influence: In low-liquidity markets, a few large holders (often referred to as 'whales') can exert significant influence over price movements. Their buying or selling activity can disproportionately affect the market, leading to unpredictable price action. Investors should be aware of this potential for manipulation or concentrated selling pressure.

FAQ
What is BattleFly (GFLY) and what is its purpose?

BattleFly (GFLY) is the native token of the BattleFly ecosystem, which is likely a decentralized gaming or metaverse project. Its primary purpose is to serve as an in-game currency, a governance token, or a medium for transactions involving unique digital assets (NFTs) within its associated game. The token's utility is tied directly to the functionality and success of the BattleFly platform.

How does GFLY's low price and volume affect trading?

A low price ($0.00) and low 24-hour trading volume ($20.4K) for GFLY indicate limited liquidity and high potential for volatility. This means that even small buy or sell orders can significantly impact the price, leading to large percentage swings and potential price slippage for traders. It can be challenging to enter or exit large positions quickly without affecting the market price.

What does 'Not publicly confirmed' mean for market cap and circulating supply?

'Not publicly confirmed' means that the specific data for BattleFly's market capitalization and circulating supply is not readily available or has not been officially disclosed. These metrics are crucial for understanding the asset's true valuation and potential for dilution. Without them, it's difficult to accurately assess the project's size, stability, and overall market risk.

What should I research before investing in GFLY?

Before investing in GFLY, you should thoroughly research the BattleFly project's whitepaper, development roadmap, and the team behind it. Investigate the token's specific utility, its tokenomics (total supply, distribution schedule), and the health of its community. Given the missing data, verifying the contract address, market cap, and circulating supply from official sources is paramount to assess legitimacy and risk.

Tokenomics & supply

Tokenomics refers to the economic model governing a cryptocurrency, encompassing its supply, distribution, utility, and incentive mechanisms. For BattleFly (GFLY), understanding its tokenomics is crucial for assessing its long-term value proposition and potential for price stability or growth.

Total Supply: Not publicly confirmed

Circulating Supply: Not publicly confirmed

Market Cap: Not publicly confirmed

Without publicly confirmed data for total supply, circulating supply, and market capitalization, a comprehensive analysis of GFLY's tokenomics is severely limited. These figures are foundational for understanding the asset's scarcity, potential for inflation or dilution, and its overall market valuation.

Generally, a well-designed tokenomics model for a gaming token like GFLY would include:

  • Clear Distribution Schedule: How tokens are allocated to the team, investors, community, and ecosystem development, often with vesting periods to prevent large sell-offs.
  • Utility Mechanisms: Specific uses for the token within the BattleFly game or ecosystem (e.g., in-game purchases, staking, governance, rewards).
  • Burn Mechanisms: Processes that permanently remove tokens from circulation, potentially increasing scarcity over time.
  • Inflation/Deflation Controls: Strategies to manage the supply of tokens to maintain a healthy economic balance.

The absence of this critical information for GFLY means investors must seek out the project's official whitepaper or documentation to understand its economic model. Verifying these details is essential to evaluate the sustainability and long-term viability of the BattleFly project and its token.

Comparable assets

When evaluating BattleFly (GFLY), it's useful to compare it with other digital assets within similar categories. Given its likely association with a gaming or metaverse project, GFLY can be compared to other GameFi tokens, play-to-earn (P2E) assets, or tokens within specific blockchain ecosystems.

Key Comparison Metrics:

  • Market Capitalization: While GFLY's market cap is 'Not publicly confirmed', comparing it to established GameFi tokens (e.g., Axie Infinity (AXS), The Sandbox (SAND), Decentraland (MANA)) would show its relative size and market maturity. Lower market caps often imply higher risk but also higher potential for growth.
  • Trading Volume & Liquidity: GFLY's 24-hour volume of $20.4K is significantly lower than most established GameFi tokens. This indicates lower liquidity and higher volatility compared to its peers.
  • Project Ecosystem & Adoption: Compare the BattleFly game's user base, development progress, and community engagement with other successful P2E games. A thriving ecosystem and strong user adoption are critical drivers for token value.
  • Token Utility & Tokenomics: Evaluate how GFLY's utility within its ecosystem compares to other tokens. Does it offer similar governance rights, staking rewards, or in-game functionality? Compare its supply schedule and distribution model to identify potential advantages or disadvantages.
  • Team & Partnerships: Research the experience of the BattleFly development team and any strategic partnerships it has formed, contrasting them with those of comparable projects.

Due to the limited publicly confirmed data for GFLY, direct quantitative comparisons are challenging. However, by understanding the general characteristics and success factors of other GameFi tokens, investors can form a qualitative assessment of BattleFly's potential and identify areas for further research.

Risks & limitations

Investing in BattleFly (GFLY), particularly given its current market characteristics, involves several significant risks common to early-stage or low-liquidity crypto assets. Potential investors should be fully aware of these factors before considering an investment.

  • High Volatility: With a price of $0.00 and low trading volume, GFLY is highly susceptible to extreme price fluctuations. Small buy or sell orders can lead to large percentage changes, making it a high-risk asset. The historical all-time high of $206.30 followed by its current price illustrates this extreme volatility.
  • Low Liquidity Risk: The 24-hour trading volume of $20.4K indicates very low liquidity. This means it may be difficult to buy or sell GFLY tokens quickly without significantly impacting the market price. Large orders could experience substantial slippage, and exiting a position might be challenging during market downturns.
  • Information Asymmetry & Lack of Transparency: The 'Not publicly confirmed' status for critical metrics like market cap, circulating supply, and network details creates significant information asymmetry. This lack of transparency makes it difficult for investors to conduct thorough due diligence and accurately assess the project's true valuation and risk profile.
  • Project-Specific Risks: As a token tied to a specific gaming or metaverse project, GFLY's value is directly linked to the success, adoption, and ongoing development of the BattleFly ecosystem. Risks include failure to attract users, competition from other GameFi projects, technical bugs, or abandonment by the development team.
  • Regulatory Risk: The regulatory landscape for cryptocurrencies, especially those tied to gaming or NFTs, is still evolving. New regulations could impact the operation of the BattleFly project or the tradability of GFLY tokens.
  • Smart Contract Risk: If GFLY is based on a smart contract, there is always a risk of vulnerabilities or bugs in the contract code, which could lead to loss of funds or exploitation.
  • Market Manipulation: Low-liquidity assets are more susceptible to market manipulation, such as 'pump-and-dump' schemes, where malicious actors artificially inflate the price before selling off their holdings.

Given these risks, GFLY should be considered a highly speculative investment. Investors should only allocate capital they are prepared to lose and conduct extensive independent research.

Sources
  • Coinbase: BattleFly (GFLY) Price Page
  • BattleFly Official Website (Not publicly confirmed)
  • BattleFly Whitepaper (Not publicly confirmed)
  • Blockchain Explorer for GFLY (Not publicly confirmed)
Tools & calculator & data quality

The data provided for BattleFly (GFLY) includes its current price ($0.00), 24-hour price change (+3.67%), 24-hour trading volume ($20.4K), and all-time high ($206.30). This information offers a basic snapshot of the asset's recent market activity and historical peak.

However, several critical pieces of information are explicitly stated as 'Not publicly confirmed'. These include the asset's market capitalization, circulating supply, rank, network, and category. The absence of these fundamental metrics significantly limits confidence in a comprehensive assessment of GFLY.

Without market capitalization and circulating supply, it is impossible to accurately determine the project's true valuation, its relative size within the crypto market, or the potential for token dilution. The lack of network and category information prevents proper classification and comparison with similar assets, making it difficult to understand its technological foundation or market niche.

To improve confidence and conduct a thorough analysis, the following should be verified next:

  • Official Market Cap and Circulating Supply: Obtain these figures from the project's official sources or reputable data aggregators.
  • Token Contract Address: Identify the official contract address to verify the token's authenticity and its underlying blockchain.
  • Project Whitepaper and Documentation: Review the official documentation to understand BattleFly's purpose, technology, team, and detailed tokenomics.
  • Network and Category: Confirm the blockchain network on which GFLY operates and its primary use case (e.g., GameFi, DeFi, NFT).
  • Audits: Check for any security audits of the smart contracts.

Until these missing data points are confirmed, any investment decision regarding GFLY carries a substantially higher degree of risk due to incomplete information.

Tools & calculator
GFLY Investment Calculator

Use this simple calculator to estimate potential GFLY holdings based on a hypothetical investment amount. Please note that this does not account for fees, price fluctuations, or slippage.

Current GFLY Price: $0.00

If you invest $100, you would hypothetically receive: Not calculable at $0.00 price point (requires price > $0.00)

If you invest $500, you would hypothetically receive: Not calculable at $0.00 price point (requires price > $0.00)

(Note: Calculations for assets priced at $0.00 are not meaningful for quantity estimation. This calculator assumes a non-zero price for practical use.)

Summary snapshot

BattleFly (GFLY) is a digital asset associated with the BattleFly gaming or metaverse ecosystem. Currently priced at $0.00 with a 24-hour trading volume of $20.4K, GFLY exhibits characteristics of a low-liquidity, highly speculative asset. Its all-time high of $206.30 highlights significant past volatility.

Key market metrics such as market capitalization and circulating supply are 'Not publicly confirmed', which limits comprehensive analysis and increases investment risk. GFLY's utility is likely tied to in-game functions, governance, or NFT transactions within its project. Investors should prioritize verifying fundamental project details, tokenomics, and team information from official sources before considering any involvement.

Related assets

Investors interested in BattleFly (GFLY) may also consider exploring other digital assets within the GameFi, Play-to-Earn (P2E), or metaverse sectors. These categories often share similar underlying technologies and market drivers.

  • Other GameFi Tokens: Assets like Axie Infinity (AXS), The Sandbox (SAND), Decentraland (MANA), or Gala (GALA) represent established projects in the blockchain gaming space.
  • Metaverse Platforms: Tokens associated with virtual worlds and digital land ownership, which often integrate gaming elements.
  • NFT-focused Projects: Tokens that facilitate the creation, trading, or utility of non-fungible tokens, especially those related to in-game assets.
  • Tokens on the same blockchain network: If GFLY's network is confirmed, exploring other projects on that specific blockchain could reveal related investment opportunities or ecosystem trends.

When researching related assets, it's important to compare their market capitalization, liquidity, project maturity, community engagement, and tokenomics to understand their relative risk and potential. Diversifying across different projects within these categories can help mitigate some of the risks associated with highly speculative assets like GFLY.



Also in Crypto

ZUDGEZURY

ZAYEDCOIN

ZOO TOKEN

Subscribe