JPEX has been hugely popular since it launched Asia’s first NFT contract in June. In order to more accurately reflect the market ecology, Redhare has announced that a major algorithm update will be forthcoming.
The platform will suspend order placement in the entire NFT contract market at 13:00 on September 8, 2022 (GMT+8), and the recovery time will be announced after the REDHARE algorithm update is completed. In-progress orders are not affected.
As an industry-leading NFT analytics platform, Red Hare Analytics Ltd. (“Red Hare”) allows investors to make better decisions in the growing NFT market through traditional investment tools such as market indices.
In May 2022, Red Hare launched the first NFT Index (RHNI) in Asia to reflect the performance of the entire NFT market. At the same time, Red Hare also established individual NFT indices for each top NFT project, including CryptoPunks, Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Moonbirds, Sandbox, etc., to reflect the different works of the project overall performance. Investors can easily track the price trend of the project and choose the right time to buy, hold and sell.
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