BonfidaFIDA
$0.676
Market/Exchange
FIDA Price Prediction and Price Movement
FIDA is up 106.35 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of FIDA can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, FIDA has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on FIDA'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.
Bonfida Price Chart
About Bonfida
Bonfida bridges the gap between Serum, Solana, and the user. It is the flagship Serum GUI and brings Solana Data analytics to the field. Bonfida API is used by some of the largest market makers in the space and has seen a growth of requests of 25% week over week.
FIDA is anticipated to hold the following utility:
- 95% of the net fees on Bonfida will be governed by the FIDA token and
- could be used for buy/burns, etc.
- FIDA will be used transactionally for:
- FIDA staking will grant its holders:
- Exclusive API endpoints and lower latency
- Access to rare Solible markets
- Advanced analytics
Bonfida will likely include a limited governance model based on the FIDA token. Some parameters such as product fees may be changed through a governance vote of FIDA tokens.