Gorilla-FiGFI
$0.0155
Market/Exchange
GFI Price Prediction and Price Movement
GFI has been down 0 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 GFI'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 GFI is backed by a solid development team and whether GFI's technology has any potential to grow.
Please note that this analysis is purely base on GFI'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.
Gorilla-Fi Price Chart
About Gorilla-Fi
WHAT IS GORILLA-FI?
$G-Fi is a reflect token on the Binance Smart Chain. A reflect fee is applied to all $G-Fi transactions and redistributes tokens directly to wallets of holders. There is no need for staking or farming websites since the reflect feature happens directly on-chain. Whenever you buy/sell or transfer your $G-Fi tokens to different addresses, a portion of the tokens are redistributed to all other hodlers while another portion is burned.
AGRESSIVE YIELD TOKENOMICS
Gorillas are aggressive so the reflect fee is set at 10% so hodlers who hodl the longest will receive the most rewards. There is also a 4% burn fee attached to all transactions. A total of 100,000,000 $G-Fi tokens were created at listing and the supply will keep decreasing due to the burn fee. Future rates will be determined by a community vote.