BouncePrice(AUCTION)
Details Bounce (AUCTION) Price information (USD)
The current real-time price of AUCTION is $4.556. In the past 24 hours, AUCTION has traded between $4.477 and $4.647, showing strong market activity. The all-time high of AUCTION is $70.44, and the all-time low is $3.16.
From a short-term perspective, the price change of AUCTION over the past 1 hour is
Bounce (AUCTION) Market Information
Bounce (AUCTION) Today's Price
The live price of AUCTION today is $4.556, with a current market cap of $33.215M. The 24-hour trading volume is 5M. The price of AUCTION to USD is updated in real time.
Bounce (AUCTION) Price History (USD)
What is BOUNCE (AUCTION)?
When is the right time to buy AUCTION? Should I buy or sell AUCTION now?
Before deciding whether to buy or sell AUCTION, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s AUCTION technical analysis can provide you with trading references.
Future price trend of AUCTION
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for AUCTION.
How much will AUCTION be worth tomorrow, next week, or next month in ? What about your AUCTION assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! AUCTION Price Prediction
How to buy BOUNCE (AUCTION)
Convert AUCTION to local currency
AUCTION Resources
To learn more about AUCTION, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x69f2...eee3eb  | 2.284M | 29.93% |
ethereum | 0xf977...41acec | 1.010M | 13.24% |
ethereum | 0xc929...b10680 | 500.626K | 6.56% |
ethereum | 0x0bef...3c2d9c | 500.002K | 6.55% |
ethereum | 0x86de...e0a1b0 | 500.000K | 6.55% |
Other | 2.838M | 37.18% |
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BOUNCE (AUCTION) FAQ
What is the difference between Bounce (AUCTION) and BounceBit (BB)?
AUCTION serves as the native utility and governance token for the Bounce Finance auction protocol, which encompasses its launchpad, real-world asset (RWA) auctions, and OTC trading functionalities. Conversely, BB is the token associated with BounceBit, which operates as a distinct 'BTC Restaking' blockchain. Although both are part of the overarching 'Bounce Brand' ecosystem, they fulfill separate roles and possess independent token supplies. AUCTION drives decentralized auction services, while BB powers the BTC Restaking infrastructure.
What is the utility of the AUCTION token?
The AUCTION token offers several key utilities for its holders. Staking AUCTION is typically a prerequisite for gaining access to high-demand token launches on the Bounce Private Launchpad. It also functions as a governance token, with each AUCTION token granting one vote on proposed protocol upgrades. Users can stake AUCTION to earn a share of the protocol fees generated by the platform. Additionally, participation in certain real-world asset auctions, such as those for luxury goods, is exclusively reserved for AUCTION holders.
Why did the token change from BOT to AUCTION?
In early 2021, the Bounce project executed a migration from its original token, BOT, to AUCTION. This transition occurred at a 1:100 ratio, meaning one BOT token was exchanged for 100 AUCTION tokens. The primary motivation for this change was to expand the overall token supply, aiming to facilitate a more decentralized governance model and enhance the token's accessibility within the ecosystem. Users can generally still swap their legacy BOT tokens via a designated migration smart contract.
How do I participate in an IDO on Bounce?
To participate in an Initial DEX Offering (IDO) on Bounce, the platform utilizes a 'Staking Auction' mechanism. You must commit your AUCTION tokens during the designated subscription period. Your allocation of the new project's tokens is then calculated proportionally, based on the amount of AUCTION you have staked compared to the total AUCTION committed by all participants. If the IDO is oversubscribed, any excess AUCTION tokens beyond your allocated portion will be automatically refunded to you after the auction concludes.
Does Bounce support the Bitcoin ecosystem?
Yes, Bounce has expanded its focus to support the Bitcoin ecosystem, a common query since 2023. While AUCTION itself primarily functions as an ERC-20 token on Ethereum and a BEP-20 token on BNB Chain, the Bounce platform now specializes in launching various BTC Ecosystem projects. This includes facilitating auctions for innovative assets like BRC-20 tokens and Bitmaps. This strategic pivot demonstrates Bounce's commitment to being a key launchpad for new developments within the Bitcoin network.
Is Bounce Finance audited?
Bounce Finance undergoes frequent security audits. The project recently announced a security partnership with Salus, a recognized Web3 security firm, to bolster its protocol's integrity. It's crucial for users to understand that Bounce operates as a permissionless platform, meaning anyone can create an auction; therefore, users must conduct their own due diligence on individual projects launching there. However, the Bounce protocol itself is non-custodial. Smart contracts handle all swaps, ensuring the Bounce team never has direct access to user tokens, which only move when predefined auction conditions are met.
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