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About UFR

Founded in early 2017, Upfiring was established to create an alternative to traditional P2P file-sharing protocols by incentivizing seeders through the use of a tokenized file-sharing economy. Traditional P2P file-sharing and networks offer no incentives for seeders and as a result, low file availability and slow downloading speeds are frequent issues. By incentivizing seeding, Upfiring aims to create a healthier file-sharing network that allows content creators and seeders to be rewarded directly for sharing content without any third-party intermediaries. Upfiring’s first usable dapp prototype launched on mainnet in December 2018, with their full application launching on 5 February 2019. The dapp is cross-platform - available for Windows, MacOS, and Linux. The application allows users to generate encrypted .ufr files with embedded price data and seed them on the Upfiring network. Users earn UFR tokens in exchange for seeding and keeping files online. Seeder smart contracts deployed to the Ethereum network mediate the movement of files across the network, maintain seeder UFR balances and allow for the decryption of files when warranted.Upfiring targets content-creators by allowing them to promote their content directly to users without relying on any third-party intermediaries. UFR tokens are used within the dapp to unlock encrypted content. The dapp can be downloaded from https://www.upfiring.com, and the corresponding documentation can be found at https://www.upfiring.com/documentation.html

Upfiring (UFR) is a cryptocurrency launched in 2017. UFR has a current supply of 815.00M with 0 in circulation. The last known price of UFR is 0.002948173112 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://www.upfiring.com/.

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UFR Price Statistics
UFR’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#10312
UFR Market Cap
Market Cap
$0
Fully Diluted Market Cap
$2.40M
UFR Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
UFR Supply
Circulating Supply
0
Total Supply
815.00M
Max Supply
0
Updated Jan 03, 2025 5:14 pm
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UFR
Upfiring
$0.002948173112
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Bitcoin's December Price Movement Signals Potential Bearish Reversal
Bitcoin's December Price Movement Signals Potential Bearish Reversal
According to BlockBeats, CoinDesk market analyst Omkar Godbole reported on January 3 that Bitcoin reached an all-time high of over $108,000 in December 2024, but closed the month below $94,000. This price movement formed a 'shooting star' bearish reversal candlestick pattern on the monthly chart. The shooting star pattern is characterized by a long upper shadow, indicating a significant gap between the high and the opening price, with a small candle body showing a minor difference between the opening and closing prices. The upper shadow should be at least twice the size of the body, while the lower shadow is typically very short or absent. In Bitcoin's case, the upper shadow was nearly four times the size of the body, with almost no lower shadow. This pattern suggests that buyers initially drove the price higher, but sellers gained control near the peak, pushing the price below the opening level, hinting at a potential return of bearish sentiment in the market. The shooting star appeared after a significant upward trend from $70,000 to over $100,000, warning of a possible bearish reversal. If the price falls below December's low of $91,186, this reversal would be confirmed, marking a critical level for bulls to defend. Notably, similar long upper shadow candlestick patterns have appeared at previous bull market peaks. The cautionary signal from the latest shooting star aligns with the broader macroeconomic environment, suggesting challenges for risk assets. This is mainly driven by the Federal Reserve's recent hawkish signals, rising Treasury yields, and a strengthening dollar index. Despite these concerns, analysts remain confident that the Federal Reserve will retract its recent indication of reducing rate cuts in 2025, thereby supporting the bullish trend for Bitcoin and risk assets overall.
Jan 03, 2025 5:03 pm

Frequently Asked Questions

  • What is the all-time high price of Upfiring (UFR)?

    The all-time high of UFR was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Upfiring (UFR) is 0. The current price of UFR is down 0% from its all-time high.

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  • How much Upfiring (UFR) is there in circulation?

    As of , there is currently 0 UFR in circulation. UFR has a maximum supply of 0.

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  • What is the market cap of Upfiring (UFR)?

    The current market cap of UFR is 0. It is calculated by multiplying the current supply of UFR by its real-time market price of 0.002948173112.

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  • What is the all-time low price of Upfiring (UFR)?

    The all-time low of UFR was 0 , from which the coin is now up 0%. The all-time low price of Upfiring (UFR) is 0. The current price of UFR is up 0% from its all-time low.

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  • Is Upfiring (UFR) a good investment?

    Upfiring (UFR) has a market capitalization of $0 and is ranked #10312 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Upfiring (UFR) price trends and patterns to find the best time to purchase UFR.

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