What is Frontier (FRONT) Coin: Can FRONT Hit $3?

2024/05/14By:

Since its inception, decentralized finance (DeFi) has been occupying the cryptocurrency industry and is constantly evolving and expanding into new blockchains. However, one of the biggest problems with DeFi today is fragmentation, which greatly reduces the user’s sense of experience. To solve this problem, Frontier appeared.

Frontier (FRONT) is a cryptocurrency project designed specifically for the DeFi space. DeFi investors can track their DeFi positions, benefit from asset stake services, or buy and sell DeFi tokens directly through the Frontier network. The biggest advantage of the platform is its ability to provide an opportunity that require the use of multiple infrastructures in one place.

In this article, we will take a detailed look at the Frontier (FRONT) cryptocurrency and analyze the future outlook of the project.


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Quick Navigation

What is Frontier?

How does Frontier Work?

What is the FRONT Token?

FRONT Tokenomics

Frontier(FRONT)Rebranding

FRONT Price Analysis and Future Outlook

Frontier (FRONT) Price Prediction 2024, 2025 and 2030

How to Buy FRONT?

Conclusion


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What is Frontier?


Frontier is a chain-agnostic platform that provides access to multiple chains (including Ethereum, Binance Smart Chain, BandChain, Kava, Harmony, etc.) and acts as an aggregation layer for decentralized financial products and services. Users can participate in protocol tracking and management, staking, token swaps, liquidity provision, Collateralized Debt Position (CDP) creation and monitoring, and more.

One of Frontier’s unique features is the ability to integrate different wallets (including Metamask, FortMatic, Coinbase Wallet, Trust Wallet, and imToken, etc.), making it easier for users to participate in DeFi. Users can access DeFi application without transferring crypto assets between different wallets. This consolidation addresses the fragmentation of the DeFi industry, with each platform having its own wallet app.

In addition, Frontier’s application allows users to manage their trades, such as staking management, DeFi positions, best rate asset swaps, liquidity mining, and collateralized debt position (CDP) creation and monitoring. Its smart contracts provide a secure and transparent platform for users to interact with DeFi applications.

Since its launch in April 2019, Frontier has seen great progress and is well funded to continue its mission of bringing together DeFi applications across different platforms, It received $1.85 million in seed funding from Alameda Research, CoinGecko and other well-known investors.

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How does Frontier Work?


Frontier operates as a non-custodial wallet. Unlike traditional cryptocurrency exchanges, which store private keys to assets,  Frontier users have complete control over their funds and private keys.

Frontier natively integrates with cryptocurrency wallets, decentralized applications (dApps) and blockchain networks, both EVM and non-EVM compatible. Users can interact with everything provided by Web3 on a central interface.

Frontier is also a blockchain aggregator that allows users to interact with assets on different networks without switching applications. It remains chain-independent and allows access to multiple protocols to form its aggregation layer.

In addition, Frontier offers a set of tools that break the limits of blockchain and can be used to track and manage portfolios.

In addition to cryptocurrencies, users can also store their NFT collections on Frontier and rely on Frontier’s in-app DeFi browser to explore the popular NFT market.

What is the FRONT Token?


Launched in 2020, FRONT is the ERC-20 token on the Frontier ecosystem. Within the network, FRONT provides its services by securing Fronter’s decentralized key management system. It also provides users with governance rights for the protocol. In addition, the token can be used for the following purposes:

  • Staking: userscan stake FRONT to run a node of the Frontier Chain and get FRONT.
  • Loweringtransaction fees: Lock FRONT in Frontier Vault can help users reduce transaction fees in the Frontier suite of applications or even for free.
  • Attracting users: in the future, Frontier will add incentives to encourage users to use the platform. Userswill receive a certain amount of FRONT return depending on how active they are.
  • Providing liquidity: users can use FRONT to provide liquidity and receive a return.
  • Governance: FRONT holders will receive governance tokensfrom gFRONT–Frontier , and users can vote through gFRONT to select the features they want to apply.
  • NFT Trading: FRONT can be used to pay and trade NFT on NFT exchanges.
  • Referrals: Frontier will build a referrals system for users to recommend friends to use the platform, with rewards coming from community tokens.
  • Deflation through alliances: Frontier will claim a portion of the proceeds from sponsorship and B2B integration based on fees charged through FRONT. The more projects Frontier combines, the stronger the cumulative value of FRONT
  • Other incentives for the future.

FRONT Tokenomics


The total supply of FRONT tokens is 100,000,000 and its initial token allocation is as follows:

  • Private, Seed, Early Supporter, Public Sale: 32.5%
  • Ecosystem: 20%
  • Staking Reward: 13.5%
  • Reserve: 10%
  • Team: 10%
  • Community: 8%
  • Marketing: 6%

 

FRONT代幣分配

Frontier(FRONT)Rebranding


Since FRONT Coin is a token on Solana ecosystem invested by SBF, the project was greatly affected after the collapse of FTX Exchange.

However, in March this year, Frontier announced that it wanted to rebrand and create a new modular public chain Layer1 solution, rebranding as SelfChain. According to the situation of the previous coin exchange project, most of the initial flow of Self should be given to FRONT, and it takes time to verify the output of the node later, so it is unlikely to get the spot, which makes the FRONT coin show a continuous rise in March, reaching a maximum of 2.8 US dollars.

FRONT Price Analysis and Future Outlook

In May 10, FRONT is traded at $1.58, up +101.07 % over the past seven days. With the rise in the price of this coin, FRONT’s market capitalization reached $155,185,466, ranking 332nd among all cryptocurrencies. In addition, its last 24-hours trading volume was $170.225 million and circulation supply was $100.00 million.

The following sets the FRONT to USD Price Chart.

Frontier Chart

The future of Frontier (FRONT) depends on developments in the DeFi space. If DeFi is adopted more and more, the value and usage of FRONT tokens may also increase.

At present, most of DeFi aggregators focus on just one track and do not cover all DeFi applications. The Frontier team discovered and tried to solve this problem. With Frontier, users can participate in DeFi protocol tracking and management, staking, asset exchange, liquidity mining, and more. This advantage will also support the future development of FRONT.

In addition, with Frontier rebranding, the project may be able to shake off the shadow of the past SBF. It is believed that its price will also usher in a wave of increases, but how much is hard to predict.

According to changelly website, the price of FRONT coin is predicted to fluctuate between $0.02 and $2.62 in 2024. DigitalCoinPrice thinks FRONT is projected to hit $0.97 this year.

Frontier (FRONT) Price Prediction 2024, 2025 and 2030

Next, we will examine some of the Frontier price predictions being made by some famous website. However, it is crucial for investors to bear in mind that price predictions, particularly for a extremely volatile asset like cryptocurrency, are changeable and often turn out to be inaccurate.

Frontier (FRONT) Price Prediction 2024

In terms of Frontier (FRONT) Price Prediction for 2024,  DigitalCoinPrice estimated that FRONT would reach as high as $0.97 in 2024, while CaptainAltCoin said it would reach $0.7115 by December 2024. PricePrediction.net ’s Frontier price forecast showed this coin can climb to $0.7285 in 2024.

Frontier (FRONT) Price Prediction 2025

Looking forward to Frontier (FRONT) Price Prediction for 2025, DigitalCoinPrice expected Frontier to reach a yearly high of $1.29 in 2025. CaptainAltCoin thought it could peak to $1.26 that year. PricePrediction.net projected this coin would reach $1.08 in 2025.

Frontier (FRONT) Price Prediction 2030

Looking at a more long-term Frontier (FRONT) price prediction, DigitalCoinPrice expected the token to reach a yearly high price of $3.89 in 2030. CaptainAltCoin estimated this coin would peak at $3.15. While PricePrediction.net delivered a FRONT price prediction that said it would trade at a maximum price of $6.99 at the start of the next decade.

How to Buy FRONT?


At present, investors can buy and trade FRONT coins on a number of exchanges such as Binance, Bithumb, OKX, Pai.

Unfortunately, BTCC does not support FRONT coins for the time being, but it offers more than 300 virtual currency contracts with leverage up to 225Χ and a fees as low as 0%. If you want to start trading virtual currency contracts, you can start with BTCC.

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Conclusion


Frontier is a collection of decentralized financial products and services that exist on a variety of platforms. It allows users to manage and track their cryptocurrency, DeFi, and NFT assets on an non-custodial crypto wallet. FRONT is the ERC-20 token, which is used to secure Frontier’s decentralized key management system. Based on current market condition and price prediction, Frontier (FRONT)  is very likely to hit $3 in next decade.

However, the price of FRONT coins may vary depending on market conditions. Its recent performance has been quite impressive, but the important thing to remember is that the price of cryptocurrencies can fluctuate quickly. Therefore, investors are advised to keep cautious and well-informed before buying FRONT.

\Deposit and Receive Up to 10,055 USDT!/

 

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