BitDEFiBFI
$15.0
Market/Exchange
BFI Price Prediction and Price Movement
BFI has been down 24.74 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that BFI's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if BFI is backed by a solid development team and whether BFI's technology has any potential to grow.
Please note that this analysis is purely base on BFI's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
BitDEFi Price Chart
About BitDEFi
BitDEFi ( Bitfxt Decentralized Finance token) is a deflationary ERC 20 governance token issued by Bitfxt on the Ethereum Network. A token burn of 2% is automatically executed after every onchain transaction above 10BFi which is verifiable on the Blockchain. This is achieved via our inbuilt token buy back and burn process. The Burn Function of Bitdefi is instant, verifiable, and constant. Onchain governance of Bitdefi is actualized via proposals and a community voting process. Any user with more than 1% of total tokens in circulation can initiate proposals, all users with any amount of BFI can vote for or against such proposals and the majority will always carry the vote.