Gate News Bot Message, February 3rd, according to CoinMarketCap data, as of press time, AUCTION (Bounce Token) is currently priced at $5.68, up 30.83% in the past 24 hours, with a high of $6.71 and a low of $4.36. The 24-hour trading volume reached $197 million. The current market capitalization is approximately $37.4 million, an increase of $8.82 million from yesterday.
Bounce Finance is a one-stop platform for Web3 innovative ecosystems, driven by the AUCTION token, offering “Auction as a Service” solutions. The platform supports various auction types, including fixed-price auctions, English auctions, Dutch auctions, sealed-bid auctions, random selection auctions, playable auctions, order book auctions, and coin-holding competitions.
Bounce Finance provides no-code options, an accessible permissionless environment, and one-click execution for beginners; and offers flexible customization capabilities for developers. The platform supports auctions for tokens, NFTs, physical collectibles, advertising spaces, and other asset classes, covering multiple industry application scenarios such as Web3, embedded finance, traditional auction settlement, and advertisers. It achieves efficient and secure transaction settlement through on-chain smart contracts and decentralized payments.
Recent Important News about AUCTION:
1️⃣ Increased Activity in the Web3 Auction Ecosystem
Bounce Finance, as a core infrastructure of the Web3 innovative ecosystem, continues to play an important role with its diverse auction mechanisms. The platform’s support for a wide range of auction types and its ability to cover multiple asset categories including tokens, NFTs, and physical assets provide ecosystem participants with flexible and efficient asset transfer tools, promoting innovative applications in the Web3 space.
2️⃣ Continued Expansion of Industry Application Scenarios
Bounce Finance’s practical applications across Web3, embedded finance, traditional auction settlement, and advertising demonstrate that the core value of auction mechanisms in price discovery and resource allocation is widely recognized. This cross-sector application expansion supports the ecosystem demand for the AUCTION token and provides multi-dimensional support for its long-term value.
3️⃣ Highlighting Accessibility and Ease of Use
The platform’s differentiated features for beginners and developers, including no-code options, permissionless environment, and flexible customization, lower participation barriers and expand user coverage. This convenience helps accelerate user growth and platform activity, creating conditions for increased token demand.
This message is not investment advice. Investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin faces the "65,000 USD defense battle"! Analyst: If it loses this level, it may test the 60,000 USD mark
Amid multiple negative shocks, the cryptocurrency market experienced a sharp decline this morning (23rd). Bitcoin is caught in a "$65,000 resistance battle," while mainstream coins like Ethereum also declined simultaneously, triggering forced liquidation of over $400 million in leveraged positions.
According to CoinGecko market data, Bitcoin plummeted sharply from $67,600 this morning, hitting a low of $64,435.13. It is currently struggling around $65,000, with a total correction of 27% over the past 30 days.
Since reaching its all-time high in October last year, Bitcoin has experienced five consecutive months of decline. If the downward trend continues until the end of the month, it will set the second-longest monthly decline record in Bitcoin's history, indicating that market recovery momentum remains insufficient.
Meanwhile, market sentiment has plummeted, with the cryptocurrency fear and greed index dropping to 5 (out of 100), deep into "extreme" territory.
区块客22m ago
Less than 24 hours remaining: Trump imposes tariffs, what should you do with your Bitcoin?
Trump announced an increase in global tariffs from 10% to 15%, triggering market concerns and causing a sharp decline in risk assets such as Bitcoin. Analysts point out that $60,000 is a key support level; a break below could trigger panic selling. Market uncertainty stems from changes in the legal framework. Investors are advised to stay calm, focus on technical support levels, avoid chasing gains or panic selling, and manage their positions cautiously.
TechubNews32m ago
Has Bitcoin bottomed out? CME smart money reduces short positions, "cryptocurrency zeroing" search volume soars
Bitcoin prices have recently fallen over 50%, hovering around $60,000, and the market is debating whether a bottom has been reached. CME data shows institutional funds reducing short positions, which may indicate a rebound. On the technical side, the 200-week moving average acts as support, but there is still downside risk. Search panic sentiment in the United States has increased, but the global trend is relatively declining, and overall market uncertainty remains.
ChainNewsAbmedia35m ago
Solana at risk of a plunge: Why hasn't SOL's bottom yet revealed itself?
The Real World Asset (RWA) ecosystem on Solana has reached a significant milestone with $1.66 billion tokenized, indicating strong growth. However, despite increased on-chain activity and financial institutional involvement, SOL's price remains in a long-term downtrend, with bearish signals persisting.
TapChiBitcoin45m ago
XRP Holds $1.32 Support as Weekly Volatility Expands
XRP is experiencing increased volatility as it trades near $1.32, with the 20-week moving average acting as resistance and lower Bollinger Band suggesting a potential decline to $1.274. The prevailing downward trend poses risks, with support levels being tested.
CryptoFrontNews1h ago
Here’s Why the Crypto Market Is Falling as Bitcoin (BTC) Price Slips Below $65K
The crypto market is struggling. Total market cap is down about 3.5%, now sitting near $2.25 trillion. The Bitcoin price has fallen more than 3% and is trading around $65,549 after briefly dipping even lower. Ethereum is down 5%, BNB has dropped 3.7%, Solana is down 7%, and XRP is off about 4%.
CaptainAltcoin1h ago