Top places to buy FIDA, the biggest crypto winner of the day that added 59% to its value
Bonfida is one of the top gainers in the Solana ecosystem and in the general market on February 10. FIDA, its native token, has added almost 60% to its value today. The cryptocurrency recently partnered with Burnt Finance to solve verification issues and is listed on many top exchanges.
This article shares what FIDA is, explains if it’s a valuable investment, and points you to the best places to buy FIDA today if you so choose.
Top places to buy FIDA now
Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
What is FIDA?
According to Bonfida’s whitepaper, it is a full product suite that bridges the gap between Serum, Solana and the user. It is the flagship Serum GUI, which brings the first of their kind Solana data analytics to the field.
Bonfida’s 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.
Bonfida features a decentralized naming service built on Solana, the first perpetual swaps on Solana, decentralized and permissionless buy and burn, and on-chain encrypted messaging app built on Solana.
10% of the buy and burn goes to stakers. Users can build trading strategies on Serum with native TradingView integration.
95% of the net fees on Bonfida will be governed by the FIDA token and can be used for buy and burns. FIDA staking will grant its holders exclusive API endpoints and lower latency, access to rare Solible markets, and advanced analytics.
Should I buy FIDA today?
Most analysts are bullish on FIDA, but in planning any investment, take your own risk tolerance into account. With the exception of the preceding, take all investment advice with a grain of salt.
FIDA price prediction
Wallet Investor predicts the Bonfida price will go up from $3.58 (its current level) to $7.56 in one year. The one-year earning potential thus comes to 111%. In five years (2027), 1 FIDA will trade for $28.55.
FIDA on social media
Top Gainers in @Solana Ecosystem Last 24H$STEP @stepfinance_ $RACEFI @racefi_io $AUDIO @AudiusProject $FIDA @bonfida $PRQ @parsiq_net $REN @renprotocol $DFL @DeFi_Land $LIKE @only1nft $CRP @CropperFinance $VLX @VelasBlockchain #Solana $SOL pic.twitter.com/zodUNSC5Aq
— Solana Daily (@solana_daily) February 10, 2022
The post Top places to buy FIDA, the biggest crypto winner of the day that added 59% to its value appeared first on Coin Journal.
