## SuperRare (RARE) Coin: Short Fundamentals, Recent News, and Disclaimer
**Disclaimer:** I am not a financial advisor and this information should not be considered financial advice. Please do your own research before making any investment decisions.
**Fundamentals:**
* **Platform:** SuperRare is a leading NFT marketplace focused on curated digital art (cryptoart). * **Token:** RARE is the native utility token used for various tasks on the platform, including buying and selling artwork, participating in governance, and earning rewards. * **Total Supply:** 1 billion RARE, with 150 million distributed via an airdrop. * **Current Price:** ~$0.13 (as of February 22, 2024) * **Market Cap:** ~$87 million * **24-Hour Trading Volume:** ~$12 million
**Recent News:**
* **SuperRare Labs raised $9 million in funding:** This news highlights continued investor interest in the platform and its future potential. * **Increased trading volume:** Trading volume has surged in recent days, possibly indicating renewed interest in RARE. * **Integration with MoonPay:** This allows users to purchase NFTs with fiat currency, potentially expanding the user base. * **Continued growth of NFT market:** The overall NFT market continues to grow, potentially benefiting platforms like SuperRare.
**Additional Notes:**
* The RARE token is relatively new and its long-term value is uncertain. * The NFT market is volatile and susceptible to market fluctuations. * Investing in any cryptocurrency carries inherent risks and should only be done with money you can afford to lose.
I hope this information is helpful. Please remember to do your own research before making any investment decisions.
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