Current Market Performance Overview
BankrCoin (BNKR) currently exhibits a bullish sentiment when compared to top cryptocurrencies, leading categories, and various blockchains across multiple timeframes. This trend indicates a positive short to mid-term outlook for the asset.
Recent Price Performance (Key Metrics):
- Current Price: Approximately $0.0003667
- 24-Hour Change: -4.98%
- 24-Hour Trading Volume: $2.71 million
- Market Capitalization: $36.67 million
- Circulating Supply: 100.00 billion BNKR
Detailed Price Performance Against Trading Pairs
A closer look at BNKR's performance against various trading pairs reveals its strength over longer periods despite recent short-term fluctuations.
| Trading Pair | 1h Change | 24h Change | 7d Change | 30d Change | 90d Change |
|---|---|---|---|---|---|
| BNKR/USD | +0.02% | -4.98% | +3.45% | +47.03% | +93.46% |
| BNKR/BTC | -0.27% | -4.75% | +3.15% | +44.47% | +52.89% |
| BNKR/ETH | -0.21% | -4.38% | +3.11% | +50.16% | +47.68% |
| BNKR/DeFi Index | -1.17% | -3.54% | +5.31% | +51.01% | +58.44% |
| BNKR/DeFAI Index | -0.96% | -0.46% | +13.05% | +95.16% | +106.15% |
The data shows significant gains over the one-month and three-month periods, highlighting a strong positive trajectory for BNKR holders.
Where to Trade BankrCoin (BNKR)
BankrCoin is actively traded on several decentralized and centralized exchanges, providing liquidity and accessibility for investors. The majority of its trading activity occurs on decentralized exchanges (DEXs) on the Base blockchain.
The top trading pairs by liquidity are primarily on Aerodrome and Uniswap V3, with the BNKR/WETH pair dominating the trading volume.
Understanding BankrCoin (BNKR)
BankrCoin (BNKR) is the native token for "Your helpful Bankr," which is recognized as the first AI agent on the Farcaster social network. Its primary function is to assist users in seamlessly purchasing a variety of favorite coins directly within their social feed on platforms like Warpcast. This integration of social interaction and cryptocurrency trading aims to simplify the user experience in the decentralized finance (DeFi) space.
The project focuses on enhancing accessibility and usability in crypto transactions, leveraging the growing ecosystem of social finance (SocialFi).
Key Market Data and Tokenomics
For investors and traders, understanding the core metrics of any cryptocurrency is crucial. Here are the vital statistics for BankrCoin:
- Market Rank: Its market cap places it outside the top 100 cryptocurrencies, classifying it as a lower-market-cap asset with higher potential volatility.
- Market Dominance: BNKR's market cap constitutes less than 0.01% of the total cryptocurrency market.
- Supply: The token has a circulating supply of 100.00 billion BNKR. It is important to check whether this is the maximum supply or if more tokens can be minted in the future.
- Liquidity: The 24-hour trading volume suggests moderate liquidity, but traders should always check the order book depth on their preferred exchange before executing large orders.
When considering such assets, conducting thorough research is paramount. 👉 Explore more strategies for evaluating emerging tokens to make informed decisions.
Factors Influencing BNKR's Price
The price of BankrCoin, like most digital assets, is influenced by a combination of broader market sentiment and project-specific factors:
- Overall Crypto Market Trends: BNKR's price often correlates with the general direction of the Bitcoin, Ethereum, and major DeFi token markets.
- Adoption and Utility: Increased use of the Bankr AI agent on Farcaster and Warpcast could drive demand for the BNKR token.
- SocialFi Growth: The success of the project is tied to the growing trend of integrating social media with financial services and decentralized applications.
- Exchange Listings: New listings on major centralized exchanges often provide a significant boost to price and liquidity for smaller-cap tokens.
Frequently Asked Questions
What is BankrCoin (BNKR) used for?
BNKR is the utility token for the Bankr AI agent on the Farcaster social network. It is designed to facilitate easy in-feed purchases of various cryptocurrencies, serving as a key component within its specific SocialFi ecosystem.
How can I buy BankrCoin?
BNKR can be purchased on several cryptocurrency exchanges, primarily on decentralized exchanges (DEXs) like Aerodrome and Uniswap V3 on the Base network, as well as on centralized exchanges like CoinEx. Always ensure you are using a reputable platform.
Is BankrCoin a good investment?
All investments in cryptocurrencies, especially those with smaller market capitalizations like BNKR, carry significant risk. Its value is highly volatile and depends on the adoption of the Bankr AI agent and the success of the SocialFi niche. You should never invest more than you can afford to lose.
What does a bullish sentiment mean for BNKR?
A bullish sentiment indicates that analytical models are detecting positive price momentum against other assets over recent time periods. This is often based on technical indicators and performance comparisons, but it is not a guarantee of future price increases.
Which wallet should I use to store my BNKR tokens?
Since BNKR exists on the Base blockchain, any wallet that supports Base and ERC-20 tokens, such as MetaMask, Rabby, or Coinbase Wallet, can be used to store it securely. Remember to practice safe self-custody.
Where can I find a live BNKR price chart?
Live price charts are available on various crypto data aggregation websites and on the exchanges where BNKR is listed. These charts provide real-time price data, historical performance, and technical indicators for analysis.