Pine Token Price

Pine Token is a decentralized cryptocurrency launched in 2023 that operates on the Ethereum and Polygon blockchains. It aims to become the gateway for true revenue in the NFTfi (Non-Fungible Token Finance) space. The PINE protocol allows borrowers to use NFTs as collateral to borrow fungible tokens from lenders in a transparent and efficient manner on-chain. Key features of Pine Token: - Current price: $0.002304 - 24h trading volume: $81.61K - Market cap: $50.46K - Circulating supply: 21.9M PINE - Max supply: 200M PINE Pine Token utilizes an open and composable architecture that can easily integrate with various NFT and NFTfi platforms. The project's mission is to establish technology for transparent and effective asset-backed financing on the blockchain. As of 2025-08-01, Pine Token is ranked #5902 among all cryptocurrencies by market capitalization. The token has seen a -2.29% price change in the last 24 hours, with a high of $0.002458 and a low of $0.002254. Investors can trade PINE on several cryptocurrency exchanges. The token's all-time high price was $0.748, reached on February 9, 2023.

Pine Token was created on February 10, 2023. The project launched with the goal of becoming a gateway for true revenue in the NFTfi space. Pine Token's mission is to establish technology that enables transparent and effective asset-backed financing on the blockchain. It operates as a non-custodial decentralized asset-backed lending protocol, allowing borrowers to use non-fungible tokens as collateral to borrow fungible digital tokens from lenders. The protocol features an open and composable architecture, designed to easily integrate with various NFT and NFTFI platforms.

The founders of Pine Token are not publicly disclosed. Pine Token was launched in February 2023 as a decentralized protocol for NFT-backed loans. The project's goal is to become a gateway for NFTfi revenue by enabling transparent and efficient asset-backed financing on the blockchain. While the founding team remains anonymous, they have demonstrated a clear vision and technical expertise in developing Pine Token's non-custodial lending platform that allows borrowers to use NFTs as collateral. The team's focus has been on building an open and composable architecture that can easily integrate with various NFT and NFTfi platforms.

Pine Token works as a decentralized asset-backed lending protocol on the Ethereum and Polygon blockchains. It allows borrowers to use non-fungible tokens (NFTs) as collateral to borrow fungible tokens from lenders. The protocol has an open and composable architecture that can easily integrate with various NFT and NFTFi platforms. Key features of Pine Token: 1. Non-custodial: Users retain control of their assets. 2. Transparent: All transactions are recorded on-chain. 3. Efficient: Streamlines asset-backed financing processes. 4. Flexible: Supports multiple types of NFTs as collateral. Pine Token aims to become the gateway for true revenue in the NFTfi space. The PINE token is used for governance and staking within the ecosystem. With a current price of $0.002304 and a market cap of $50.46K, Pine Token has seen a -2.29% change in the last 24 hours. The total supply of PINE is 200M PINE, with 21.9M PINE currently in circulation. The protocol continues to evolve, with ongoing developments focused on expanding its capabilities and partnerships in the NFT and DeFi sectors.

Pine Token utilizes a dual-chain architecture, operating on both Ethereum and Polygon networks. Its core technical components include: 1. Smart Contracts: Deployed on Ethereum for security and Polygon for scalability. 2. Non-custodial Protocol: Allows borrowers to use NFTs as collateral for loans without intermediaries. 3. Open and Composable Design: Enables easy integration with various NFT and NFTfi platforms. 4. Cross-chain Functionality: Facilitates asset transfers and interactions between Ethereum and Polygon. 5. Decentralized Governance: Implemented through a DAO structure, allowing PINE token holders to participate in decision-making. 6. Staking Mechanism: Encourages long-term holding and network security. 7. Liquidity Pools: Provides efficient lending and borrowing capabilities. This architecture aims to create a transparent and effective on-chain asset-backed financing system, positioning Pine Token as a gateway for true NFTfi revenue. The protocol's design prioritizes security, scalability, and interoperability within the broader DeFi ecosystem.

The future and roadmap of Pine Token look promising. The team is focused on expanding the protocol's capabilities and adoption in the NFTfi space. Key milestones include: 2025: Enhance lending features and integrate with more NFT platforms 2026: Launch cross-chain functionality to support multiple blockchain networks 2027: Introduce advanced risk management tools for lenders and borrowers 2030: Develop a comprehensive NFTfi ecosystem with various financial products The PINE token is expected to play a crucial role in governance and incentivizing participation. Price projections based on potential growth: 2026: $0.002421 2030: $0.003413 2035: -- As Pine Token continues to innovate in the asset-backed lending space, it aims to become a leading protocol for NFT-based finance, potentially driving significant value for the PINE token.