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View ChartAFEN Blockchain Network (AFEN) is a blockchain infrastructure project positioned as "Africa's Web3 Network." Built on the BNB Smart Chain as a BEP20 token, AFEN focuses on applying web3 protocols to address challenges faced by African societies. The project operates through AFEN Group, a privately held company founded in 2021, and is dedicated to fostering innovation, sustainability, and accountability across the continent. The network aims to drive economic growth by implementing blockchain solutions across key sectors while creating value for both African and global communities. AFEN describes itself as one of the leading NFT marketplaces in Africa; no independent ranking or third-party data confirming this claim is referenced in available sources. The project is expanding its ecosystem through affiliated products such as PouchFi, a stablecoin-powered financial services platform. The AFEN token has a total and maximum supply of 850,000,000 tokens, with approximately 146.87 million in circulating supply. A token migration to a new AFEN (v2) structure has been announced, intended to support broader web3 innovation and serve as a governance token for an upcoming AFEN platform.
AFEN Blockchain Network was founded by Deborah Ojengbede, who serves as Founder and CEO. Described as a former banker who launched AFEN Group, she provides strategic direction to the project, with a focus on using blockchain technology to drive economic growth and uplift marginalized communities. The advisory and core team includes Keith Mali Chung as Chairman of the Advisory Board, Ibidoyin Aina as Legal Advisor and Company Secretary, and Onyinye Okoye as Marketing Lead. The project's team page also references Ryan, described as bringing experience across blockchain networks, NFTs, P2E/gaming, and DeFi. The LinkedIn company page lists seven employees in total. According to available project information, AFEN Group raised $1 million in 2021; the funding round and investors are not disclosed in referenced sources. The project maintains an active presence across LinkedIn, Facebook, Instagram, Telegram, and YouTube.
AFEN Blockchain Network operates on the BNB Smart Chain using the BEP20 token standard, which provides the foundation for fast and low-cost transactions. The network employs a multifaceted security approach that integrates encryption to safeguard data, smart contracts that undergo audits to identify and rectify vulnerabilities, and a strong emphasis on data privacy. The project states that its smart contracts undergo audits, but no auditor name, audit date, or public audit report is referenced in available sources. The project leverages web3 protocols to build infrastructure solutions tailored to African markets. The project states that it pursues strategic partnerships with various organizations; no specific partner names are disclosed in available sources. The network's activities span NFT marketplace services and, through its affiliated product PouchFi, stablecoin-powered financial services including bill payments, virtual and physical cards, bank deposits and withdrawals, and direct NGN transactions. A token migration to AFEN (v2) has been announced to support broader web3 innovation and introduce governance functionality for the upcoming AFEN platform.
AFEN Blockchain Network distinguishes itself through its explicit focus on Africa as a primary market for web3 adoption. The project positions blockchain technology as a tool for transforming African society and creating new structures across diverse sectors. Its core values of blockchain, innovation, sustainability, and accountability guide its development approach, with an emphasis on long-term impact rather than short-lived initiatives. AFEN describes itself as one of the leading NFT marketplaces in Africa; no independent ranking or third-party data confirming this claim is referenced in available sources. The project's affiliation with PouchFi extends its reach into practical financial services, offering stablecoin-powered solutions for Nigerian users, including Apple Pay and Google Pay support for USD cards and direct NGN bank transactions. The announced migration to AFEN (v2) signals an evolution toward a more advanced token structure with governance capabilities, positioning the project for broader ecosystem participation.
The AFEN token serves multiple functions within the AFEN Blockchain Network ecosystem. As the native token on the BNB Smart Chain, it facilitates transactions and interactions within the network. According to the project's tokenomics, the new AFEN (v2) token will pave the way for more innovation within the broader web3 ecosystem and serve as a governance token for the upcoming AFEN platform. This governance function will allow token holders to participate in decision-making processes related to the platform's development and direction. The token also supports the network's NFT marketplace activities and broader blockchain infrastructure initiatives. Available sources do not disclose a token allocation breakdown for AFEN.
The AFEN ecosystem is expanding through both internal development and affiliated products. PouchFi, a related financial services product, is now live in Nigeria, offering bill payments, cards, bank deposits and withdrawals powered by stablecoin. PouchFi USD cards are officially supported on Apple Pay and Google Pay, allowing users to fund with USDT or NGN and tap-to-pay at millions of POS merchants worldwide. Virtual cards are available through the PouchFi website. The platform enables direct NGN deposits to crypto wallets, direct bank withdrawals for stablecoins, and instant crypto-to-NGN bank transfers. AFEN describes itself as one of the leading NFT marketplaces in Africa; no independent ranking or third-party data confirming this claim is referenced in available sources. The project has engaged in educational initiatives, including a session with Binance on the future of blockchain education in Africa. The announced migration from the current AFEN token to AFEN (v2) represents a significant step in the ecosystem's evolution, aiming to support more innovation and introduce governance functionality for the upcoming AFEN platform. As of the latest available market data, AFEN shows very limited trading activity, with reported 24-hour volume near zero.
AFEN is a BEP20 token issued on BNB Smart Chain. It is not a standalone proof-of-work chain, so AFEN tokens cannot be mined with computational power; they are obtained through market trading or other distribution mechanisms defined by the project. AFEN is a BEP20 token on BNB Smart Chain rather than a standalone mineable chain, so there is no proof-of-work mining process for AFEN. Tokens are acquired through exchanges where AFEN is listed, and the project has referenced a staking and claims process tied to the v2 migration. AFEN has announced a migration to a new AFEN (v2) token. On June 21, 2024, the project extended the claims deadline for staked $AFEN tokens and rewards as part of this transition, and users who encountered technical difficulties could open a support ticket. Community members are encouraged to follow official channels for updates on token utility and participation methods.
Keeping AFEN tokens safe requires adherence to established cryptocurrency security practices. Since AFEN operates on the BNB Smart Chain as a BEP20 token, users should store their holdings in wallets that support the BNB Smart Chain network, such as hardware wallets or reputable software wallets with BEP20 compatibility. Always verify the official token contract address before conducting any transactions to avoid counterfeit tokens. Enable two-factor authentication on exchange accounts and never share private keys or seed phrases with anyone. Be cautious of phishing attempts and unofficial links, and rely only on the project's verified communication channels for updates. The project itself emphasizes data privacy and security through encryption and audited smart contracts, but individual responsibility remains critical. For long-term storage, consider using a hardware wallet that keeps private keys offline. Regularly review and update security settings, and stay informed about the announced AFEN (v2) migration to ensure a smooth transition of your holdings when the time comes.
AFEN, like other crypto assets, carries market risk: its price can fluctuate significantly and liquidity may be limited, as reflected in the very low reported trading volume. Regulatory treatment of crypto assets varies by jurisdiction and may change, which could affect access to the token or related services. Technical risks include smart contract vulnerabilities, the security of wallets and exchanges used to hold the token, and execution risk around the announced v2 migration and claims process. These points describe potential risks rather than predictions, and readers should verify current information through the project's official channels before making decisions.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for AFEN are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of AFEN Blockchain Network (AFEN) is $0.000007914950770710.057914. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated AFEN to USD rate at the top of BTCC’s price page. In terms of market scope, AFEN Blockchain Network records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $1.162432K. Its current circulating supply stands at 146.87M out of a maximum supply cap of 850M.
The price volatility of AFEN Blockchain Network (AFEN) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (146.87M) to max supply (850M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, AFEN Blockchain Network (AFEN) hit an all-time high (ATH) of $0.071395 on 2021-05-13 15:20, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at -- on 2022-09-13 06:50. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading AFEN futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s AFENUSDT perpetual contracts support two-way trading. If you anticipate a price decline for AFEN Blockchain Network, simply log into your BTCC account with USDT margin available, navigate to the AFENUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for AFENUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.000007914950770710.057914), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for AFENUSDT with zero financial risk.
Trading AFEN Blockchain Network (AFEN) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for AFENUSDT, and review its live price ($0.000007914950770710.057914) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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