Bounce: everything you need to know about AUCTION
Axel has been immersing himself in the world of crypto and blockchain for quite some time, which he then translates into understandable articles.
Bounce facts
Abbreviation
AUCTION
Category
Auction platform
Founder(s)
Chandler Song
Blockchain
Ethereum
Protocol
Auction protocol with smart contracts
Launch date
September 2020
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What is Bounce?
Bounce (AUCTION) is a decentralized auction platform. It revolves around creating fair, transparent, and flexible marketplaces within Web3. It was designed to enable fairer, more transparent, and more efficient auctions without the involvement of central parties. On Bounce, you can set up your own auction or participate in existing auctions, both public and private.
How does Bounce work?
Bounce combines the idea of an auction with smart contracts. Users can determine the conditions themselves: think of the duration, the minimum bid, whether it is a closed or open auction, and which token is accepted as payment. Because of this flexibility, Bounce is popular for token launches, NFT auctions, and even domain name sales on the blockchain.
The AUCTION token
The AUCTION token is the native token of the Bounce platform.
The technology behind Bounce.
Bounce runs on Ethereum and BNB Smart Chain and uses smart contracts to execute auctions. These contracts ensure that everything runs transparently and fraud-resistant.
The Bounce ecosystem
The ecosystem consists of different components:
- Bounce Finance: the place for auctions of tokens and NFTs.
- Bounce Launchpad: where new crypto projects can launch their token through an auction.
- Bounce OTC: for direct, peer-to-peer trading without order book.
€10.466▼0.13%
Benefits of Bounce
- Decentralized auctions without intermediaries.
- Support for multiple blockchain networks
Disadvantages of Bounce.
- Complexity for beginners
- High gas fees on Ethereum.
- Success of auctions depends on active users
Who is the founder of Bounce?
Bounce was co-founded by Chandler Song, who was previously also involved in the DeFi project Ankr.
Expectations for the near future
Experts expect a minimum price of €35.160 in 2027 and a minimum price of €116.20 in 2032.
Bounce price in the last 24 hours
View all key statistics of the past 24 hours here.
€10.620
€10.610
€10.220
Market information
Use these figures to get a better picture of the Bounce market.
€27.8 million
€70 million
6.6 million
€59.230
Bounce Return On Investment
See how much the price has risen or fallen over the years.
Historical Bounce price
Here you can see Bounce's daily prices, trading volume and market cap. Looking for a specific date? You can fill in the range all you want. Maybe you'll spot the one trend!
| Date | Price | Volume | Marketcap |
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Frequently asked questions
Bounce doesn't have a fixed value because the exchange rate is always in motion. Whenever you get distracted or even blink, it has already changed. Right now, the value of Bounce is €10.466.
You can easily buy Bounce on BLOX! Quickly download the app, and within two minutes, you'll have your own crypto portfolio with Bounce and your other favorite coins.
So much is happening in the crypto market that it's sometimes difficult to stay continuously informed. That's why we've already taken a look at the expectations for you. According to experts, the value of AUCTION is expected to continue rising steadily in the coming years. For instance, the price of Bounce is predicted to reach €30.540.
We don't have a crystal ball either, so it's up to you to decide whether you want to invest in AUCTION. We can only recommend once again that you thoroughly research the market and only invest what you're willing to lose.
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