Nickel TokenNICKEL
$0.0304
Market/Exchange
NICKEL Price Prediction and Price Movement
NICKEL has been down 29.72 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that NICKEL's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if NICKEL is backed by a solid development team and whether NICKEL's technology has any potential to grow.
Please note that this analysis is purely base on NICKEL's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Nickel Token Price Chart
About Nickel Token
Nickel Token ($NICKEL) is a completely decentralized and community-driven token on the Binance Smart Chain (BSC). This is a celebrity backed BEP-20 token that will connect entertainers, artists, athletes, and content creators to their fans through NFT blockchain technology.
The contract, which has carefully thought-out tokenomics, is backed by a development team that has the experience needed to properly operate the smart contract with nothing but the success of the project benefiting holders in mind.
Since the inception of Nickel Token, the development team focused on creating a professional protocol backed by not only a well-designed smart contract, but also a strong community. This is in addition to the marketing capabilities that are enhanced by already having a “Star-Powered” backing by Leslie Baker, aka Stanley from “The Office”, and Sardar Khan. Finally, the expertise of the team behind Nickel Token is carefully crafted to ensure holders are rewarded.
Nickel Token is a token that combines the positive aspects of other successful “buyback” tokenomics with the hype of strong “meme” potential. When analyzing tokens with buyback protocols, the developers of Nickel Token were wanting to ensure they had the ability to manually action a buyback.
The buyback feature for Nickel Token is manually controlled, eliminating the loophole created by an auto buyback protocol that was exploited by bots. The development team can monitor the progress of the token and decide when to implement the buyback protocol manually when they see more sales than buys. They can then turn this feature off once the token has begun to stabilize again. The funds for the buybacks will come from revenue generated by use cases related to various Nickel Token projects, including NFT’s, volume generated rewards and staking when that phase of development is reached.