Bonfire BONFIRE

1. Summary

Ranks

Liquidity

-

Developer

-

Social

88

Momentum (beta)

0

Stack Rank™

-

Price

$0.000000009387 +0.6%

Market Cap

$0.00 (#10716)

Supply

0.00 / 581.18T

Tags

BNB Chain Ecosystem

More Metrics

Price
52W High price	$0.000000011000
52W High date	8th Dec 2024 (2 months ago)
All Time High (ATH) Date	10th May 2021 (3 years ago)
ATH Price	$0.000000886399
% From ATH	-98.82%
All Time Low (ATL) Date	29th Oct 2021 (3 years ago)
ATL Price	$0.000000000000
% From ATL	402150309.57%

Supply & Trading Volume
Trading Volume (24h)	$341.00
Total Supply	581.18T
Max Supply	1,000.00T

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Description

Bonfire is a cryptocurrency token launching on the Binance Smart Chain blockchain with the goal of creating a community-driven platform. The token operates on an RFI tokenomic model that includes two main features. First, a 5% transaction fee is charged on every transaction, which is proportionally redistributed to all Bonfire token holders. This m...

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Bonfire is a cryptocurrency token launching on the Binance Smart Chain blockchain with the goal of creating a community-driven platform. The token operates on an RFI tokenomic model that includes two main features. First, a 5% transaction fee is charged on every transaction, which is proportionally redistributed to all Bonfire token holders. This mechanism aims to incentivize long-term holding. Second, the team has implemented manual burns of tokens to reduce supply, which theoretically increases value and demand. The token also has a significant feature where its contract has been renounced, ensuring that no changes can be made to the contract parameters or liquidity can be stolen. The official wrapped Bonfire token, BonCash Token, coexists with Bonfire to create a mutually beneficial environment.

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