What is Bonfire coin used for?

Bonfire is a cryptocurrency token that launched in April. According to its website, it gives holders a refuge from the storm, meaning the volatile crypto market. If you invest in Bonfire, you can collect taxes when others sell and “watch your profits soar.”

Is Bonfire coin legit?

AUDIT : Bonfire Token has been audited and passed with flying colours. LOCKED EXCHANGE LIQUIDITY : The liquidity pool tokens for Bonfire are permanently locked in the zero-address, meaning that the developers cannot pull the rug on the market, and the PancakeSwap market will always have liquidity on it.

What Blockchain is bonfire on?

Bonfire is a cryptocurrency token that was launched on April 18 via the Binance Smart Chain Network.

Is bonfire on Coinbase?

Bonfire is not supported by Coinbase.

Is Bonfire crypto a good buy?

Bonfire (BONFIRE) Cryptocurrency Market info

Our Ai cryptocurrency analyst implies that there will be a negative trend in the future and the BONFIRE are not a good investment for making money. Since this virtual currency has a negative outlook we recommend looking for other projects instead to build a portfolio.

How much is Bonfire crypto worth?

BONFIRE Price Statistics

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Bonfire Price $0.1602
Price Change24h $0.1602 1072069107.53%
24h Low / 24h High $0.0000000113 / $0.04228
Trading Volume24h No Data
Volume / Market Cap No Data

Is Bonfire a crypto?

Bonfire is a cryptocurrency token that launched on April 18, 2021. … The truth is that Bonfire is just a cryptocurrency like any other, with two notable features that it copied from tokens that were trending: Static rewards: Every Bonfire transaction has a 10% fee.

Is Bonfire free to use?

Pricing. Starting a Bonfire campaign is free, and you set your own fundraising goals! To accept donations for fundraising t-shirt campaigns, Bonfire charges a 3.5% processing fee and a 4.5% platform fee.

How does bonfire make money?

Campaign fundraisers set the price of their shirt (the average is about $22). When people go online and buy them, Bonfire charges $10 per shirt to handle the printing and shipping logistics, after which all proceeds go to the campaign host, who is tasked with ensuring that money reaches the right cause.

Why is it called bonfire?

The word is actually derived from Middle English bonefire, meaning literally “a fire of bones.” (Way cooler etymology, right?) The earliest appearance of the word is glossed ignis ossium—Latin for “fire of bones.” And a citation from the 15th century confirms that this is not just a learned folk-etymology.

Can I buy bonfire with ETH?

Ethereum transaction fees are too high for most retail investors to use. Just to send a simple transaction, investors will need to pay close to $50, depending on the demand for network space on Ethereum’s blockchain at any given moment.

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How much does a Dogecoin cost?

The current price is $0.1714 per DOGE.

Does bonfire token have a future?

None of the top cryptocurrency exchanges have listed it, and they likely never will. If you’re wondering whether Bonfire has any sort of future, it’s doubtful.

Does bonfire have potential?

Bonfire is a frictionless, yield-generating contract that allows the user to seek shelter amidst the uncertainty of the market. The protocol was launched on April 18th, 2021 through an OTC presale mechanism on Binance Smart Chain (referred to as BSC).

Can bonfire crypto hit 1 cent?

If the price of a coin like Bonfire ever reached a penny, holders would be spectacularly rich. Unfortunately, the 1 cent mark is impossible. That’s because staggering quantities of tokens are typically minted — 650 trillion in Bonfire’s case.