Bounce Token (AUCTION) Trading Down 16.3% Over Last Week

Bounce Token (CURRENCY:AUCTION) traded 2.7% higher against the dollar during the 1-day period ending at 9:00 AM ET on July 22nd. Bounce Token has a market capitalization of $31.16 million and $4.54 million worth of Bounce Token was traded on exchanges in the last day. One Bounce Token coin can now be purchased for about $14.95 or 0.00046412 BTC on major cryptocurrency exchanges. In the last seven days, Bounce Token has traded 16.3% lower against the dollar.

Here is how other cryptocurrencies have performed in the last day:

  • Tether (USDT) traded up 0% against the dollar and now trades at $1.00 or 0.00003106 BTC.
  • XRP (XRP) traded 4.1% higher against the dollar and now trades at $0.58 or 0.00001792 BTC.
  • Polkadot (DOT) traded up 2.6% against the dollar and now trades at $12.52 or 0.00038855 BTC.
  • Internet Computer (ICP) traded 1.7% higher against the dollar and now trades at $34.29 or 0.00106459 BTC.
  • Filecoin (FIL) traded up 2.4% against the dollar and now trades at $45.54 or 0.00141367 BTC.
  • KnoxFS (old) (KFX) traded 4.3% higher against the dollar and now trades at $19.25 or 0.00049793 BTC.
  • SHIBA INU (SHIB) traded up 0.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Bitcoin BEP2 (BTCB) traded 1.9% higher against the dollar and now trades at $32,138.59 or 0.99769096 BTC.
  • Klaytn (KLAY) traded up 1.2% against the dollar and now trades at $0.94 or 0.00002920 BTC.
  • Fei Protocol (FEI) traded 0.7% higher against the dollar and now trades at $1.00 or 0.00003118 BTC.

Bounce Token Coin Profile

Bounce Token’s launch date was August 24th, 2017. Bounce Token’s total supply is 2,083,956 coins. The official website for Bounce Token is bounce.finance. The official message board for Bounce Token is medium.com/@bouncefinance. Bounce Token’s official Twitter account is @bodhitoken and its Facebook page is accessible here.

According to CryptoCompare, “Auction (AUCTION) is designed to operate swap pools. A pool creator sets the following parameters:The number of tokens he wants to swap offThe maximum amount of ETH he would accept to swapDuration of the poolFixed price swap or dynamic price swapAfter the pool creator creates the pool, people can come and use ETH to auction and get the tokens. A participant needs to send an ETH transaction to the pool’s address within the pool expiration time. A swap is successful if the accumulated ETH deposit in the pool is less or equal to the bounce level, which is the maximum amount of the ETH allowed to be received. Any additional ETH deposit when the accumulated ETH deposit is greater than the maximum ETH amount will be bounced off and sent back to the sender’s addresses. In simple words, there is a limited quantity of swap allocations in each pool and users need to compete with each other to get swap opportunities. When a pool goes live, a user can send ETH to the bounce pool. A transaction will be bounced back to the user if there is no longer allocation in the pool. Bounce Token (BOT) is migrating to Auction (AUCTION). The migration from BOT token to AUCTION token marks a new journey of Bounce decentralized auction and Bounce certified auction. Migrating BOT to AUCTION allows users to participate in both the Bounce decentralized and Bounce certified auctions. “

Buying and Selling Bounce Token

It is usually not currently possible to buy alternative cryptocurrencies such as Bounce Token directly using U.S. dollars. Investors seeking to trade Bounce Token should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bounce Token using one of the exchanges listed above.

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