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Bancor price

Bancor priceBNT

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Price of Bancor today

The live price of Bancor is $0.8220 per (BNT / USD) today with a current market cap of $98.22M USD. The 24-hour trading volume is $10.72M USD. BNT to USD price is updated in real time. Bancor is -3.39% in the last 24 hours. It has a circulating supply of 119,485,440 .

What is the highest price of BNT?

BNT has an all-time high (ATH) of $23.73, recorded on 2017-06-19.

What is the lowest price of BNT?

BNT has an all-time low (ATL) of $0.1174, recorded on 2020-03-13.
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Bancor price prediction

When is a good time to buy BNT? Should I buy or sell BNT now?

When deciding whether to buy or sell BNT, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget BNT technical analysis can provide you with a reference for trading.
According to the BNT 4h technical analysis, the trading signal is Sell.
According to the BNT 1d technical analysis, the trading signal is Neutral.
According to the BNT 1w technical analysis, the trading signal is Buy.

What will the price of BNT be in 2025?

Based on BNT's historical price performance prediction model, the price of BNT is projected to reach $1.18 in 2025.

What will the price of BNT be in 2030?

In 2030, the BNT price is expected to change by -15.00%. By the end of 2030, the BNT price is projected to reach $1.12, with a cumulative ROI of +28.41%.

Bancor price history (USD)

The price of Bancor is +13.32% over the last year. The highest price of BNT in USD in the last year was $1.06 and the lowest price of BNT in USD in the last year was $0.3908.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-3.39%$0.8126$0.8735
7d+3.35%$0.8126$0.9177
30d+31.49%$0.5941$0.9549
90d+66.54%$0.4461$0.9549
1y+13.32%$0.3908$1.06
All-time-81.70%$0.1174(2020-03-13, 4 years ago )$23.73(2017-06-19, 7 years ago )

Bancor market information

Market cap
$98,219,238.9
-3.39%
Fully diluted market cap
$98,219,238.9
-3.39%
Volume (24h)
$10,719,840.77
-31.59%
Market rankings
Circulation rate
99.00%
24h volume / market cap
10.91%
Circulating supply
119,485,440 BNT
Total supply / Max supply
119,485,443.44 BNT
-- BNT
ICO price
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Bancor ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

About Bancor (BNT)

What Is Bancor?

Bancor is a decentralized protocol offering an automated, on-chain liquidity mechanism that facilitates seamless token exchanges without the need for traditional cryptocurrency exchanges. Launched in 2017 by Eyal Hertzog, Galia Benartzi, and Guy Benartzi, Bancor introduced the concept of a network for liquidity that transcends the limitations of order-book-based exchanges. Named in tribute to John Maynard Keynes's proposed international reserve currency, Bancor has become synonymous with innovation in the blockchain space.

The Bancor network operates on the principle of providing liquidity for a multitude of tokens, especially targeting those with smaller market caps. By utilizing smart contract technology, Bancor enables users to convert various ERC-20 compatible tokens with reduced friction and lower fees. This not only enhances the liquidity of less liquid tokens but also offers a decentralized alternative to the market-making process typically controlled by centralized financial institutions.

Resources

Whitepaper: https://resources.carbondefi.xyz/pages/CarbonWhitepaper.pdf

Official Website: https://bancor.network/

How Does Bancor Work?

At the heart of Bancor's functionality are its liquidity pools, which are smart contracts containing reserves of different cryptocurrencies. When a user wishes to exchange tokens, the Bancor protocol calculates the value and facilitates the trade directly within the pool, using its native Bancor Network Token (BNT) as an intermediary. This innovative approach eliminates the need for a counterparty, providing continuous liquidity regardless of trade volume or order book depth.

Bancor's unique point lies in its protection against impermanent loss, a common risk in liquidity provision where providers may lose value if the price of pooled assets diverges. Bancor's solution allows liquidity providers to deposit a single asset while maintaining exposure only to that asset, a feature not commonly found in other decentralized exchanges (DEXs). This single-sided liquidity provision, coupled with the protocol's impermanent loss protection, positions Bancor as a user-friendly platform for both novice and experienced liquidity providers.

Further distinguishing itself, Bancor has introduced features like single-sided exposure and liquidity mining rewards, making it an attractive platform for a wide range of users. With the advent of Bancor V3 and beyond, the protocol continues to innovate, offering instant impermanent loss protection and dual-sided rewards, enhancing the overall DeFi experience.

What Is BNT Token?

BNT is the native token of the Bancor ecosystem. Available on Ethereum, Solana, and Gnosis Chain, BNT serves multiple purposes within the network. It acts as the default reserve currency for all tokens in the Bancor system, facilitating trades and ensuring liquidity. Users can stake BNT in various liquidity pools to earn a share of transaction fees and rewards, with the added benefit of participating in the governance of the Bancor protocol.

BNT's utility extends beyond just facilitating trades; it's integral to the protocol's features, like single-sided deposits and impermanent loss protection. By staking BNT, users can earn higher rewards compared to other tokens, incentivizing participation and investment in the Bancor network. As the protocol evolves and the demand for decentralized liquidity solutions grows, BNT's role as a key player in the DeFi space is likely to expand, potentially increasing its value and significance within the blockchain ecosystem.

What Determines Bancor's Price?

The price of Bancor (BNT), like any cryptocurrency, is influenced by a complex interplay of factors, chief among them being supply and demand dynamics within the market. Demand for BNT is driven by its utility within the Bancor network as the default reserve currency for tokens and as a staking token for earning transaction fees and governance rights. As more users engage with the platform to provide liquidity or to execute trades, the demand for BNT increases, which can positively impact its price. Conversely, if the platform experiences a decrease in user activity or faces competition from other DeFi protocols, this could lead to reduced demand and a potential decrease in BNT's price.

Market sentiment also plays a crucial role in determining the price of BNT. News about protocol upgrades, partnerships, or broader sector trends can lead to speculative trading where investors buy or sell BNT based on their expectations for the future. For instance, announcements about new features that mitigate risks, such as impermanent loss protection, can generate positive sentiment and attract more liquidity providers to the platform, thereby increasing the token's value. On the other hand, negative news or security concerns can lead to a loss of confidence and a subsequent drop in price.

Furthermore, the overall liquidity of BNT across exchanges and its integration into other blockchain ecosystems can affect its price. The easier it is to purchase and use BNT, the more accessible it becomes to a broader audience, potentially leading to an increase in price. Additionally, the inherent volatility of the cryptocurrency market means that Bancor's price is often subject to wider market movements and fluctuations in the prices of major cryptocurrencies like Bitcoin and Ethereum, which can act as indicators for the rest of the market, including BNT. Investors and users must stay informed and consider these multifaceted factors when assessing Bancor's price dynamics within the ever-evolving landscape of cryptocurrency and blockchain technology.

For those interested in investing or trading BNT, one might wonder: Where to buy Bancor? You can purchase Bancor on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

Bancor Social Data

In the last 24 hours, the social media sentiment score for Bancor was 3, and the social media sentiment towards Bancor price trend was Bullish. The overall Bancor social media score was 0, which ranks 461 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Bancor being mentioned with a frequency ratio of 0.01%, ranking 363 among all cryptocurrencies.

In the last 24 hours, there were a total of 185 unique users discussing Bancor, with a total of Bancor mentions of 62. However, compared to the previous 24-hour period, the number of unique users decrease by 5%, and the total number of mentions has decrease by 5%.

On Twitter, there were a total of 1 tweets mentioning Bancor in the last 24 hours. Among them, 100% are bullish on Bancor, 0% are bearish on Bancor, and 0% are neutral on Bancor.

On Reddit, there were 19 posts mentioning Bancor in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 30% .

All social overview

Average sentiment (24h)
3
Social media score (24h)
0(#461)
Social contributors (24h)
185
-5%
Social media mentions (24h)
62(#363)
-5%
Social media dominance (24h)
0.01%
X
X posts (24h)
1
0%
X sentiment (24h)
Bullish
100%
Neutral
0%
Bearish
0%
Reddit
Reddit score (24h)
8
Reddit posts (24h)
19
-30%
Reddit comments (24h)
0
0%

How to buy Bancor(BNT)

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Buy Bancor (BNT)

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Use a variety of payment options to buy Bancor on Bitget. We'll show you how.

Trade BNT perpetual futures

After having successfully signed up on Bitget and purchased USDT or BNT tokens, you can start trading derivatives, including BNT futures and margin trading to increase your income.

The current price of BNT is $0.8220, with a 24h price change of -3.39%. Traders can profit by either going long or short onBNT futures.

BNT futures trading guide

Join BNT copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or BNT tokens, you can also start copy trading by following elite traders.

FAQ

What is the current price of Bancor?

The live price of Bancor is $0.82 per (BNT/USD) with a current market cap of $98,219,238.9 USD. Bancor's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Bancor's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Bancor?

Over the last 24 hours, the trading volume of Bancor is $10.72M.

What is the all-time high of Bancor?

The all-time high of Bancor is $23.73. This all-time high is highest price for Bancor since it was launched.

Can I buy Bancor on Bitget?

Yes, Bancor is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in Bancor?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Bancor with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Bancor (BNT)?

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Cryptocurrency investments, including buying Bancor online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Bancor, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Bancor purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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Bitget Insights

Benyoyo
Benyoyo
2024/11/18 21:38
Market analysis trends for Bancor (BNT) indicate a bullish outlook in the short term. The current pr
Market analysis trends for Bancor (BNT) indicate a bullish outlook in the short term. The current price of BNT is $0.62761, with a 24-hour trading volume of $10.35M USD ¹. *Key Trends:* - _Price Movement:_ BNT's price has increased by 3.08% in the last 24 hours and 20.45% in the last 30 days ¹. - _Market Capitalization:_ Bancor's market capitalization is currently $75.88M USD, with a circulating supply of 120.91M BNT ¹. - _Liquidity:_ Bancor's liquidity pools provide a decentralized solution for token trades, eliminating the need for centralized order books or matching engines ¹. *Technical Analysis:* - _Moving Averages:_ The 50-period MA is above the 200-period MA, indicating a bullish trend ¹. - _Relative Strength Index (RSI):_ The RSI is below 30, indicating oversold conditions and potential buying opportunities ¹. Overall, Bancor's market trends suggest a positive outlook, driven by increasing adoption and liquidity. However, cryptocurrency markets are highly volatile, and investors should conduct thorough research and risk assessments before making investment decisions.$BNT
KEY-2.61%
ORDER-1.66%
Metete
Metete
2024/11/18 21:36
Unlocking the Potential of BNT
Since you mentioned "Ban", I'm assuming you meant Bancor (BNT). Here are some potential strategic holding plans for Bancor (BNT): _Short-term Holding Plans (Less than 1 year)_ 1. _Liquidity Provision_: Hold BNT and provide liquidity to the Bancor Network, earning fees and rewards. 2. _Token Swaps_: Hold BNT and participate in token swaps, exchanging BNT for other cryptocurrencies. 3. _Arbitrage_: Hold BNT and take advantage of price differences between exchanges. _Medium-term Holding Plans (1-3 years)_ 1. _Staking_: Hold BNT and participate in staking, earning rewards in the form of additional BNT. 2. _Decentralized Finance (DeFi) Participation_: Hold BNT and participate in DeFi applications, such as lending, borrowing, and yield farming. 3. _Ecosystem Development_: Hold BNT and contribute to the development of the Bancor ecosystem. _Long-term Holding Plans (More than 3 years)_ 1. _Store of Value_: Hold BNT as a store of value, similar to gold or other precious metals. 2. _Diversification_: Hold BNT as part of a diversified cryptocurrency portfolio, reducing risk and increasing potential returns. 3. _Ecosystem Growth_: Hold BNT and benefit from the growth of the Bancor ecosystem. _Risk Management Strategies_ 1. _Diversification_: Diversify holdings across different asset classes, including cryptocurrencies, stocks, and bonds. 2. _Stop-loss Orders_: Set stop-loss orders to limit potential losses in the event of a market downturn. 3. _Position Sizing_: Manage position sizes to limit exposure to any one particular asset or market. 4. _Regular Portfolio Rebalancing_: Regularly rebalance the portfolio to maintain an optimal asset allocation and minimize risk. Please note that these are general strategies and not specific investment advice. It's essential to conduct thorough research and consult with a financial advisor before making any investment decisions.$BNT
BAN-3.78%
HOLD-1.64%
Metete
Metete
2024/11/18 21:31
Market analysis trends for Bancor (BNT) indicate a bullish outlook in the short term. The current price of BNT is $0.62761, with a 24-hour trading volume of $10.35M USD ¹. *Key Trends:* - _Price Movement:_ BNT's price has increased by 3.08% in the last 24 hours and 20.45% in the last 30 days ¹. - _Market Capitalization:_ Bancor's market capitalization is currently $75.88M USD, with a circulating supply of 120.91M BNT ¹. - _Liquidity:_ Bancor's liquidity pools provide a decentralized solution for token trades, eliminating the need for centralized order books or matching engines ¹. *Technical Analysis:* - _Moving Averages:_ The 50-period MA is above the 200-period MA, indicating a bullish trend ¹. - _Relative Strength Index (RSI):_ The RSI is below 30, indicating oversold conditions and potential buying opportunities ¹. Overall, Bancor's market trends suggest a positive outlook, driven by increasing adoption and liquidity. However, cryptocurrency markets are highly volatile, and investors should conduct thorough research and risk assessments before making investment decisions.$BNT
KEY-2.61%
ORDER-1.66%
Benyoyo
Benyoyo
2024/11/18 03:10
Here's a technical analysis of Bancor (BNT): *Chart Patterns:* 1. *Uptrend Channel*: BNT's price i
Here's a technical analysis of Bancor (BNT): *Chart Patterns:* 1. *Uptrend Channel*: BNT's price is moving within an uptrend channel, indicating a bullish trend. 2. *Inverse Head and Shoulders*: A potential inverse head and shoulders pattern is forming, which could indicate a reversal of the downtrend. 3. *Triangle Pattern*: BNT's price is consolidating within a triangle pattern, indicating a potential breakout. *Indicators:* 1. *Moving Averages*: - 50-period MA: $0.62 - 200-period MA: $0.55 - The 50-period MA is above the 200-period MA, indicating a bullish trend. 2. *Relative Strength Index (RSI)*: - 14-period RSI: 43.12 - The RSI is below 50, indicating a neutral to bearish trend. 3. *Bollinger Bands*: - 20-period Bollinger Bands: $0.58 - $0.66 - The price is moving within the Bollinger Bands, indicating a neutral trend. *Candlestick Patterns:* 1. *Hammer Pattern*: A hammer pattern is forming, indicating a potential reversal of the downtrend. 2. *Doji Pattern*: A doji pattern is forming, indicating indecision in the market. *Support and Resistance:* 1. *Support*: $0.58, $0.55 2. *Resistance*: $0.66, $0.70 *Conclusion:* Based on the technical analysis, Bancor's price is moving within an uptrend channel, and a potential inverse head and shoulders pattern is forming. The indicators are neutral to bullish, and the candlestick patterns indicate a potential reversal of the downtrend. The support and resistance levels are at $0.58 and $0.66, respectively. *Recommendation:* Based on the technical analysis, a long position can be considered at the support level of $0.58, with a target price of $0.70. A stop-loss can be set at $0.55. However, please note that technical analysis is not a foolproof method, and market conditions can change rapidly. It's essential to conduct thorough research and risk assessments before making investment decisions.$BAN
BAN-3.78%
NOT-1.50%
Mirinadi
Mirinadi
2024/11/18 02:47
Market Trends Overview
Market analysis trends for Bancor (BNT) indicate a bullish outlook in the short term. The current price of BNT is $0.62761, with a 24-hour trading volume of $10.35M USD ¹. *Key Trends:* - _Price Movement:_ BNT's price has increased by 3.08% in the last 24 hours and 20.45% in the last 30 days ¹. - _Market Capitalization:_ Bancor's market capitalization is currently $75.88M USD, with a circulating supply of 120.91M BNT ¹. - _Liquidity:_ Bancor's liquidity pools provide a decentralized solution for token trades, eliminating the need for centralized order books or matching engines ¹. *Technical Analysis:* - _Moving Averages:_ The 50-period MA is above the 200-period MA, indicating a bullish trend ¹. - _Relative Strength Index (RSI):_ The RSI is below 30, indicating oversold conditions and potential buying opportunities ¹. Overall, Bancor's market trends suggest a positive outlook, driven by increasing adoption and liquidity. However, cryptocurrency markets are highly volatile, and investors should conduct thorough research and risk assessments before making investment decisions.$BNT
KEY-2.61%
ORDER-1.66%

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