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Coin Watch- Bounce Token (Auction)

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@melbourneswest
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If you're right into crypto you're always on the look out to make a quick buck or the next coin to provide a price spike enough for you to make some cash, I know I'm always on the look out.

Usually a good place to start are projects that are well priced with a low market cap as low market caps tend to mean no one is buying in yet and the token has time to grow and build up a set of followers.

I haven't been watching exchanges all too much lately as I have been all in on CUB, Hive and Leo Finance. But lastnight I thought I'd scrummage through the marketplace to try and find the next token that will make a few dollars.

I stumbled across Bot the governance and use token for Bounce Finance, I haven't seen it before and I believe it's not a new coin and that it recently went through a migration 1 Bot token got you 100 Auction. I do believe the token was trading at a few hundred dollars and since its migration is not sitting at $60 USD.

The platform itself is another defi project but with a twist it also allows people to auction NFTs both capturing the defi market place and the NFT craze. That's sure enough to gain some.traction.

The current market cap is a low $US143million which there are plenty of shit coins with market caps double in size. With a fully diluted market cap of over $US600 Million and a max supply of 10,000,000 tokens it's important to note that there are only 2.3 Million currently circulating.

There is a good chance that this token will see some significant growth over the next 12 months with an easy doubling of it's price and a number of bloggers and crypto sites have tipped thjs token will rise in value. It's previous state was tipped to increase from the $400 to $7000 mark.

I wasn't able to find any major partners or use case other than my neighbour Alice which is utilising Bounce Finance to trade in game NFTs and items.

If you haven't seen this token it might be good to check it out and think about if it's worth investing in. Already an investor? I'd like to hear your thoughts about Bounce Finance below.

The tokens website itself has a really smooth interface and looks simple to connect your wallet to and can be found here

What are your thoughts, will it boom?

Posted Using LeoFinance Beta