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Bounce Token (BOT) is a governance token created for liquidity pools and users. The idea of launching and developing Bounce Token was inspired by the decentralized cryptocurrency exchange, Uniswap. The ability of Uniswap to facilitate transitions between different liquidity pools, all based on the Ethereum network, inspired the developers of Bounce Token.
Bounce aims to facilitate liquidity transitions not only within the Ethereum network but also between different networks and competing platforms. With the motto “Swap or Get Bounced,” the team offers the possibility for anyone to create their own liquidity pool. The creator of the pool can set four important parameters: determining the number of tokens to swap, setting the maximum ETH amount to be accepted or swapped, defining the duration of the pool, and deciding whether it will have a stable or dynamic price.
Once the creator of the liquidity pool sets these parameters and completes its formation, people can come to the pool, use ETH, and obtain the tokens they desire. Participants are required to make an ETH transaction that covers the address of the pool.
What is Bounce Token (BOT)?
BOT Token stands out as the native cryptocurrency of this entire system. Unlike other cryptocurrency projects, BOT Token has a very limited supply and is known for its innovative approach.
BOT Token, ranked as the 432nd largest cryptocurrency by total market value, has a unit price of 3.133 dollars due to its limited supply. Although the maximum supply of BOT is set at 100,000, currently there are only 86,285 in circulation. This is a result of the continuous burning of BOT Coins by the team.
BOT reached an all-time high of 3.682 dollars, but is currently trading at 14% below this peak. The lowest price of BOT was recorded on August 7, 2020, at 131 dollars, and since then, it has seen an increase of 2,283%.
Where to Buy BOT Coin?
BOT Coin is a cryptocurrency that is also part of the Binance Smart Chain ecosystem. Investors who prefer to purchase through a centralized cryptocurrency exchange rather than a decentralized network can easily use Binance, the leading cryptocurrency exchange. Bounce Coin can be bought on Binance using the BUSD or BTC trading pairs.
