BITCOIN

₹54,52,177.55

0.391%

ETHEREUM

₹2,93,056.65

0.083%

TETHER USDT

₹93.01

0.016%

BNB

₹49,209.99

1.5%

SOLANA

₹12,963.97

0.727%

USDC

₹93.00

0.006%

XRP

₹50.09

14.664%

DOGECOIN

₹10.35

2.775%

CARDANO

₹40.75

4.982%

TRON

₹13.15

3.26%

AVALANCHE

₹2,396.51

0.529%

SHIBA INU

₹0.001598

3.5%

POLKADOT

₹581.69

2.615%

CHAINLINK

₹1,204.49

1.257%

BITCOIN CASH

₹34,855.95

3.513%

NEAR PROTOCOL

₹476.27

0.911%

POLYGON

₹49.23

3.912%

LITECOIN

₹6,466.99

0.279%

UNISWAP

₹755.88

1.297%

INTERNET COMPUTER

₹771.75

12.132%

BITCOIN

₹54,52,177.55

0.391%

ETHEREUM

₹2,93,056.65

0.083%

TETHER USDT

₹93.01

0.016%

BNB

₹49,209.99

1.5%

SOLANA

₹12,963.97

0.727%

USDC

₹93.00

0.006%

XRP

₹50.09

14.664%

DOGECOIN

₹10.35

2.775%

CARDANO

₹40.75

4.982%

TRON

₹13.15

3.26%

AVALANCHE

₹2,396.51

0.529%

SHIBA INU

₹0.001598

3.5%

POLKADOT

₹581.69

2.615%

CHAINLINK

₹1,204.49

1.257%

BITCOIN CASH

₹34,855.95

3.513%

NEAR PROTOCOL

₹476.27

0.911%

POLYGON

₹49.23

3.912%

LITECOIN

₹6,466.99

0.279%

UNISWAP

₹755.88

1.297%

INTERNET COMPUTER

₹771.75

12.132%

BITCOIN

₹54,52,177.55

0.391%

ETHEREUM

₹2,93,056.65

0.083%

TETHER USDT

₹93.01

0.016%

BNB

₹49,209.99

1.5%

SOLANA

₹12,963.97

0.727%

USDC

₹93.00

0.006%

XRP

₹50.09

14.664%

DOGECOIN

₹10.35

2.775%

CARDANO

₹40.75

4.982%

TRON

₹13.15

3.26%

AVALANCHE

₹2,396.51

0.529%

SHIBA INU

₹0.001598

3.5%

POLKADOT

₹581.69

2.615%

CHAINLINK

₹1,204.49

1.257%

BITCOIN CASH

₹34,855.95

3.513%

NEAR PROTOCOL

₹476.27

0.911%

POLYGON

₹49.23

3.912%

LITECOIN

₹6,466.99

0.279%

UNISWAP

₹755.88

1.297%

INTERNET COMPUTER

₹771.75

12.132%

BITCOIN

₹54,52,177.55

0.391%

ETHEREUM

₹2,93,056.65

0.083%

TETHER USDT

₹93.01

0.016%

BNB

₹49,209.99

1.5%

SOLANA

₹12,963.97

0.727%

USDC

₹93.00

0.006%

XRP

₹50.09

14.664%

DOGECOIN

₹10.35

2.775%

CARDANO

₹40.75

4.982%

TRON

₹13.15

3.26%

AVALANCHE

₹2,396.51

0.529%

SHIBA INU

₹0.001598

3.5%

POLKADOT

₹581.69

2.615%

CHAINLINK

₹1,204.49

1.257%

BITCOIN CASH

₹34,855.95

3.513%

NEAR PROTOCOL

₹476.27

0.911%

POLYGON

₹49.23

3.912%

LITECOIN

₹6,466.99

0.279%

UNISWAP

₹755.88

1.297%

INTERNET COMPUTER

₹771.75

12.132%

BITCOIN

₹54,52,177.55

0.391%

ETHEREUM

₹2,93,056.65

0.083%

TETHER USDT

₹93.01

0.016%

BNB

₹49,209.99

1.5%

SOLANA

₹12,963.97

0.727%

USDC

₹93.00

0.006%

XRP

₹50.09

14.664%

DOGECOIN

₹10.35

2.775%

CARDANO

₹40.75

4.982%

TRON

₹13.15

3.26%

AVALANCHE

₹2,396.51

0.529%

SHIBA INU

₹0.001598

3.5%

POLKADOT

₹581.69

2.615%

CHAINLINK

₹1,204.49

1.257%

BITCOIN CASH

₹34,855.95

3.513%

NEAR PROTOCOL

₹476.27

0.911%

POLYGON

₹49.23

3.912%

LITECOIN

₹6,466.99

0.279%

UNISWAP

₹755.88

1.297%

INTERNET COMPUTER

₹771.75

12.132%

BITCOIN

₹54,52,177.55

0.391%

ETHEREUM

₹2,93,056.65

0.083%

TETHER USDT

₹93.01

0.016%

BNB

₹49,209.99

1.5%

SOLANA

₹12,963.97

0.727%

USDC

₹93.00

0.006%

XRP

₹50.09

14.664%

DOGECOIN

₹10.35

2.775%

CARDANO

₹40.75

4.982%

TRON

₹13.15

3.26%

AVALANCHE

₹2,396.51

0.529%

SHIBA INU

₹0.001598

3.5%

POLKADOT

₹581.69

2.615%

CHAINLINK

₹1,204.49

1.257%

BITCOIN CASH

₹34,855.95

3.513%

NEAR PROTOCOL

₹476.27

0.911%

POLYGON

₹49.23

3.912%

LITECOIN

₹6,466.99

0.279%

UNISWAP

₹755.88

1.297%

INTERNET COMPUTER

₹771.75

12.132%

BITCOIN

₹54,52,177.55

0.391%

ETHEREUM

₹2,93,056.65

0.083%

TETHER USDT

₹93.01

0.016%

BNB

₹49,209.99

1.5%

SOLANA

₹12,963.97

0.727%

USDC

₹93.00

0.006%

XRP

₹50.09

14.664%

DOGECOIN

₹10.35

2.775%

CARDANO

₹40.75

4.982%

TRON

₹13.15

3.26%

AVALANCHE

₹2,396.51

0.529%

SHIBA INU

₹0.001598

3.5%

POLKADOT

₹581.69

2.615%

CHAINLINK

₹1,204.49

1.257%

BITCOIN CASH

₹34,855.95

3.513%

NEAR PROTOCOL

₹476.27

0.911%

POLYGON

₹49.23

3.912%

LITECOIN

₹6,466.99

0.279%

UNISWAP

₹755.88

1.297%

INTERNET COMPUTER

₹771.75

12.132%

BITCOIN

₹54,52,177.55

0.391%

ETHEREUM

₹2,93,056.65

0.083%

TETHER USDT

₹93.01

0.016%

BNB

₹49,209.99

1.5%

SOLANA

₹12,963.97

0.727%

USDC

₹93.00

0.006%

XRP

₹50.09

14.664%

DOGECOIN

₹10.35

2.775%

CARDANO

₹40.75

4.982%

TRON

₹13.15

3.26%

AVALANCHE

₹2,396.51

0.529%

SHIBA INU

₹0.001598

3.5%

POLKADOT

₹581.69

2.615%

CHAINLINK

₹1,204.49

1.257%

BITCOIN CASH

₹34,855.95

3.513%

NEAR PROTOCOL

₹476.27

0.911%

POLYGON

₹49.23

3.912%

LITECOIN

₹6,466.99

0.279%

UNISWAP

₹755.88

1.297%

INTERNET COMPUTER

₹771.75

12.132%

BITCOIN

₹54,52,177.55

0.391%

ETHEREUM

₹2,93,056.65

0.083%

TETHER USDT

₹93.01

0.016%

BNB

₹49,209.99

1.5%

SOLANA

₹12,963.97

0.727%

USDC

₹93.00

0.006%

XRP

₹50.09

14.664%

DOGECOIN

₹10.35

2.775%

CARDANO

₹40.75

4.982%

TRON

₹13.15

3.26%

AVALANCHE

₹2,396.51

0.529%

SHIBA INU

₹0.001598

3.5%

POLKADOT

₹581.69

2.615%

CHAINLINK

₹1,204.49

1.257%

BITCOIN CASH

₹34,855.95

3.513%

NEAR PROTOCOL

₹476.27

0.911%

POLYGON

₹49.23

3.912%

LITECOIN

₹6,466.99

0.279%

UNISWAP

₹755.88

1.297%

INTERNET COMPUTER

₹771.75

12.132%

BITCOIN

₹54,52,177.55

0.391%

ETHEREUM

₹2,93,056.65

0.083%

TETHER USDT

₹93.01

0.016%

BNB

₹49,209.99

1.5%

SOLANA

₹12,963.97

0.727%

USDC

₹93.00

0.006%

XRP

₹50.09

14.664%

DOGECOIN

₹10.35

2.775%

CARDANO

₹40.75

4.982%

TRON

₹13.15

3.26%

AVALANCHE

₹2,396.51

0.529%

SHIBA INU

₹0.001598

3.5%

POLKADOT

₹581.69

2.615%

CHAINLINK

₹1,204.49

1.257%

BITCOIN CASH

₹34,855.95

3.513%

NEAR PROTOCOL

₹476.27

0.911%

POLYGON

₹49.23

3.912%

LITECOIN

₹6,466.99

0.279%

UNISWAP

₹755.88

1.297%

INTERNET COMPUTER

₹771.75

12.132%

Home

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Coins

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Auction

AUCTION

Auction

AUCTION

₹1,305.72

LIVE

24H Low ₹1,287.12

24H High ₹1,328.04

Price of AUCTION today

The current live price of AUCTION today is ₹1,305.72, with a 24-hour trading volume of ₹1,04,19,28,263.96. Our AUCTION to INR price is updated in real-time. AUCTION has seen a decrease of -0.31% in the last 24 hours. With a live market cap of ₹8,48,92,49,919.60 , the circulating supply is at 6,500,037 AUCTION coins, with a maximum supply of 10,000,000AUCTION coins.

Auction Price History

Date ComparisonAmount Change% Change
Today₹3.72

0.29%

7 Days₹2.79

0.21%

30 Days-₹696.57

34.79%

1 Year₹832.35

175.83%

Auction Price Information

Price Change (1hr)

0.43%

Price Change (24hr)

0.29%

Price Change (7d)

0.21%

Auction Market Stats

Market Cap

₹8,48,92,49,919.60

Fully Diluted Market Cap

₹13,06,03,10,148.78

24hr Volume

₹1,04,19,28,263.96

15.3%

Circulating Supply

6500037 AUCTION

Total Supply

10000000 AUCTION

Things to know about Auction

What is the token?

Bounce Finance (AUCTION) token is the native utility token of the Bounce Finance ecosystem, a decentralized platform designed to facilitate auction-style and over-the-counter (OTC) trading of cryptocurrencies and non-fungible tokens (NFTs). The platform offers a variety of auction formats, including fixed-price, Dutch, English, and sealed-bid auctions, as well as a lottery-style random selection auction. Bounce Finance aims to create a competitive and decentralized environment for the trading of scarce digital assets, particularly NFTs, and to provide a transparent and efficient auction mechanism within the Web3 space.

Tokenomics

  • Total Supply:

  • The maximum supply of Bounce Finance (AUCTION) tokens is capped at 10 million AUCTION coins.

  • Circulating Supply:

  • As of the latest data, the circulating supply is approximately 6.5 million AUCTION tokens.

  • Utility:

  • AUCTION tokens are used for staking, governance, paying fees, hosting auctions, creating NFTs, and sending value globally within the Bounce ecosystem.

  • Governance:

  • Holding AUCTION tokens grants users voting rights in the platform’s governance, allowing them to participate in decision-making processes and propose changes to the protocol.

Market Data

As of today 13 July 2024, the price of Auction is ₹1,305.72 INR, with a 24-hour trading volume of 11203529.72 USD. The market capitalization for Auction is 91282257.2USD. The circulating supply is 6500037 Auction, with the total supply also being 7640627 Auction.

Token Pros and Cons

Pros:

  • Decentralization:

  • Bounce Finance operates as a fully decentralized platform, reducing the risk of censorship and central point of failure.

  • Diverse Auction Types:

  • The platform supports various auction mechanisms, catering to different trading preferences and strategies.

  • NFT Integration:

  • Bounce Finance leverages advanced NFT technology, which is a rapidly growing sector within the cryptocurrency space.

  • Cross-Chain Functionality:

  • The Bounce Web App is available on both Ethereum and Binance Smart Chain, increasing accessibility and user base.

  • Community Governance:

  • AUCTION token holders can influence the development and direction of the platform through governance proposals and voting.

Cons:

  • Market Volatility:

  • As with many cryptocurrencies, the price of AUCTION tokens can be highly volatile, posing a risk to investors.

  • Complexity:

  • The variety of auction types and the platform’s features may be complex for new users to understand and navigate.

  • Competition:

  • Bounce Finance faces stiff competition from other decentralized exchanges and NFT platforms.

  • Regulatory Uncertainty:

  • The evolving regulatory landscape for cryptocurrencies and NFTs could impact the platform’s operations.

  • Adoption Rate:

  • The success of the platform is contingent on widespread adoption and usage within the cryptocurrency community.

Why Should You Invest in the Coin?

  • Innovative Auction Platform:

  • Bounce Finance offers a unique auction-based trading platform that stands out in the crowded DeFi space.

  • Governance Participation:

  • Investors have the opportunity to participate in the governance of the platform, potentially steering its future development.

  • NFT Market Growth:

  • With the NFT market expanding, Bounce Finance’s focus on NFT auctions could position it well for future growth.

  • Cross-Chain Capabilities:

  • The ability to operate across multiple blockchains can attract a broader user base and increase token utility.

  • Decentralized and Trustless:

  • The platform’s decentralized nature provides a trustless environment for transactions, which is a key principle of blockchain technology.

USP of the coin

  • Diverse Auction Mechanisms:

  • Bounce Finance’s support for multiple auction types, including its unique lottery-style auction, differentiates it from other platforms.

  • NFT and DeFi Integration:

  • The platform’s integration of NFT technology with DeFi applications provides a comprehensive ecosystem for digital asset trading.

  • Focus on Bitcoin Ecosystem:

  • Bounce Finance’s recent repositioning to support the Bitcoin ecosystem could provide unique opportunities within this space.

Problem the coin is solving

  • Bounce Finance addresses the need for a decentralized and competitive auction platform for scarce digital assets, such as NFTs.

  • It aims to solve issues related to centralization in the auction process, providing a transparent and efficient way for users to trade and auction off their digital assets without intermediaries.

Founder and team background

Jack Lu is the CEO and founder of Bounce Finance. He holds a bachelor’s degree in economics from Reed College and has prior experience working with NGC Ventures, an investment team. Before establishing Bounce Finance in 2020, Jack Lu gained valuable insights into the cryptocurrency and investment sectors, which he has leveraged to lead Bounce Finance. The core team also includes notable figures such as Kain Warwick, Calvin Liu, Stani Kulechov (founder of Aave), and George Lambert, who together form the management team of the project.

ICO Price

Bounce Finance successfully raised funding through a strategic round that included notable investors such as Coinbase Ventures, Pantera Capital, Blockchain Capital, Hashed Fund, DHVC, Fundamental Labs, and SNZ Capital. The funding round aimed to support the development and expansion of Bounce Finance’s decentralized auction platform. Although the exact amount raised was not disclosed, the involvement of these prominent investors underscores the project’s potential and the confidence in its future growth. This strategic funding round played a crucial role in accelerating Bounce Finance’s mission to provide a decentralized, secure, and efficient platform for auction-based trading and liquidity provision in the cryptocurrency space.

Risks Associated in Investing in the Coin

  • Regulatory Risks:

  • Changes in regulations could adversely affect the platform’s operations and token value.

  • Market Competition:

  • The platform operates in a highly competitive space with many established and emerging players.

  • Liquidity Risk:

  • There is a risk that the token may not always be easily tradeable, affecting its price and usability.

  • Technology Risk:

  • As a technology-driven platform, any bugs or vulnerabilities could compromise the system and token value.

  • Adoption Risk:

  • The platform’s success is highly dependent on user adoption, which is not guaranteed.

Whitepaper Insights

The Bounce Finance whitepaper introduces Bounce as a decentralized auction platform that aims to revolutionize the traditional auction process by leveraging blockchain technology. The platform is designed to be non-custodial, meaning that users retain control over their funds and assets at all times. Smart contracts, rather than people, manage auctions and distribute funds, ensuring transparency and security in the auction process.

Bounce Finance integrates with other DeFi protocols, including Arbitrum One, to facilitate efficient and affordable Ethereum transactions. This integration allows users to swap between assets and participate in auctions using their preferred tokens. The platform supports the creation of custom auctions, where users can set parameters such as reserve prices and auction duration across various auction types. Auction creators have the option to allocate a portion of the proceeds to beneficiaries or charities, or earn a percentage as a fee, incentivizing the creation of high-quality auctions.

With the launch of Bounce V3 in February 2023, the platform underwent a significant overhaul to adapt to the evolving Web3 landscape. Bounce Finance expanded its marketplace offerings, entered new auction sectors, and established new development partnerships. Fairness mechanisms were added to prevent fraudulent activity, and Auction as a Service (AaaS) was introduced, allowing for a broader range of assets to be sold or bid on.

Since its launch in September 2020, Bounce Finance has become a popular decentralized auction platform, especially in the DeFi and NFT spaces. It offers a wide selection of auction types, including the English auction and innovative playable auctions, where participants compete in games for the right to buy assets.

The whitepaper covers the platform’s commitment to efficiency, transparency, and accessibility, addressing the centralization, high costs, and complex bidding customs that plague traditional auctions. Bounce Finance’s approach to decentralized auctions provides a more equitable and user-friendly platform for Web3 users to engage in auctioning, bidding, and buying processes.

Returns Calculator

One Time
Recurring

Investment Amount

Investment Period

Returns

9300

0%

AUCTION to Converter

Quantity

AUCTION

AUCTION

Price

fiat

Price as per 07:00 PM • 13 Jul 2024

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What is the price of Auction (AUCTION)?

The current price of Auction (AUCTION) in INR is ₹1,305.72 INR.

What is the current AUCTION market cap?

The current market capitalization of Auction (AUCTION) is ₹8,48,92,49,919.60 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of AUCTION by the number of coins in circulation.

What is the current supply of Auction (AUCTION)?

The current supply of Auction (AUCTION) is 6500037 AUCTION. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Auction (AUCTION)?

The 24-hour trading volume of Auction (AUCTION) in INR is ₹1,04,19,28,263.96. This figure represents the total value of all AUCTION transactions across various exchanges within the last 24 hours.

How to Buy Auction (AUCTION) in India?

To buy Auction (AUCTION) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in AUCTION.

Can I buy Auction (AUCTION) with UPI?

Yes, you can buy Auction (AUCTION) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Auction (AUCTION) to Indian Rupee (INR)?

To convert Auction (AUCTION) to Indian Rupee (INR), you can use our AUCTION/INR conversion rates in real time.

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