CRYPTO NEWS AGREGATOR
Tue, Sep 21, 2021 6:35 PM by Max E.

Rolling Stocks: Bonfire Crypto - A Platform For The Artists

Bonfire Crypto

What Is Bonfire Crypto?

Bonfire (BONFIRE) is a BEP-20 token. The protocol was launched on April 18, 2021. The initial maximum supply was 1,000,000,000,000,000 (1 quadrillion), but 30% of BONFIRE tokens were burned.

Bonfire uses the Binance Smart Chain (BSC), a smart contract-enabled blockchain designed to compete with Ethereum, as its core chain. BSC's main decentralized exchange is Pancakeswap. With its help, users can trade cryptocurrency directly from their wallets, while avoiding high network fees. 

Key Features of Bonfire Crypto

The long-term goal of the project is to create a decentralized social media platform for artists through which they can sell non-fungible tokens (NFT). Also, the creators of the cryptocurrency promise to provide many other features that have not yet been announced.

Bonfire crypto is an inflationary token. The project rewards HODLers by levying a tax on people who decide to sell their coins. Such a process, known as a static reward system, has been popularized by another crypto project, Safemoon. 5% of all Bonfire transactions are distributed to the community.

Bonfire Crypto Address

Bonfire's liquidity token contract uses an automatic liquidity pool algorithm (AutoLP). Liquidity pool tokens are permanently locked at zero addresses. This means that developers will never be able to control the market situation, and there will always be liquidity in the PancakeSwap market.

Bonfire Crypto News

Currently, the number of subscribers of the Bonfire crypto Reddit platform reaches 31.1 thousand,  Bonfire cryptocurrency account on Twitter – 81.8 thousand.

New Bonfire App allows the user to track assets and get market data (from Poocoin and BSCScan) in real-time. In the future, the application will receive updates and the introduction of new technical characteristics.

The project has established connections with many venture capitalists and opinion leaders.

Bonfire Crypto Where To Buy

Bonfire is being traded across six different markets. To buy Bonfire, you need to go to the Bonfire project website and select the option to use PancakeSwap V1, and then import Bonfire tokens. Next, you need to connect a cryptocurrency wallet, select the currency and amount, and set the slippage to 12%, and then make the exchange.

Bonfire recommends investors use PancakeSwap V1 and always set the slippage to 12% to get the correct amount of tokens.

Bonfire Crypto Price Coinbase

In 7 days Bonfire crypto price dropped 56.62%, in the last 24 hours the price is down 12.24% in the last 24 hours. Over the past hour, the price has risen by $3.63%. The current price as of September 21 is $0.00000001247 per BONFIRE.

Bonfire Crypto Price Coingecko

According to Coingecko, BONFIRE to USD rate today is $0.00000001247B. BONFIRE is on a downward monthly trajectory: the Bonfire crypto price has decreased by -37.7% from $ 0.000000048756 in 1 month.

Bonfire Binance

You can get Bonfire on Binance because it is a BEP-20 token running on Binance Smart Chain (BSC). The quickest way to buy Bonfire is to transfer your USDT to Binance, convert it into BNB, and then send it to your own wallet via BSC. Then, you should swap your BNB for BONFIRE on PancakeSwap.

Bonfire Crypto Price Prediction

According to analysts, the price of one BONFIRE can roughly be up to $0.0000000613 USD in 1 year's time, up to $0.0000000643 USD – by 2023. After 3 years, in 2024, it can be up to $0.0000000618 USD, and in 2025, the token’s price can be up to $0.0000001048 USD.


The content of this article is for informational purposes only and should not be construed as investment advice. We ask you to do your research.

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