## Overview of Bounce Token (AUCTION)
Bounce Token (AUCTION) is the native token of the Bounce Finance platform, launched in 2020 on Ethereum and expanded to a multi-chain format (BNB Chain, Arbitrum). Bounce Finance is a decentralized auction platform (Auction-as-a-Service, AaaS) supporting tokens, NFTs, and real assets. The platform uses a Request-for-Quote (RFQ) model and smart contracts to ensure transparency, security, and no slippage. AUCTION is used for:
- Governance: Voting in Bounce DAO for protocol updates.
- Transactions: Payment of fees for creating auctions and NFTs.
- Staking: Up to 12% APY, access to exclusive pools.
- Liquidity: Support for pools and market makers.
The platform is integrated with Arbitrum, Uniswap, Hashflow 2.0, supports auction formats (fixed price, Dutch, closed). The project raised $28 million from Coinbase Ventures, Pantera Capital, DWF Labs, and is traded on Binance, OKX, Bybit, KuCoin, MEXC.
- Price (July 21, 2025): ~$8.79–$11.90 (CoinMarketCap, KuCoin, X). The price varies due to a recent drop from $17.97–$24.25 (March–July 2025).
- Market capitalization: ~$53.58–$78.54 million (ranking ~281–615).
- Trading volume (24h): ~$7.28–$1277.74 million, volatility (-45.5% or +81.6% according to different sources).
- News:
- Auction Intelligence AI Agent: Launch on BNB Chain (March 2025) doubled the price to $25.
- Hashflow 2.0: Integration with Wormhole for cross-chain swaps (June 2025).
- Binance Simple Earn: 12% APR (June 26 – July 26, 2025).
- Negative: Cyber attack with fake wallets (July 4, 2025) caused a drop of 5–6%.
- Bullish sentiment: 60–70% of posts on X are optimistic, mentioning “long” at $11.60–$12.51.
## Technical Analysis
- Current situation: The AUCTION price has fallen by 51–84.2% from ATH ($70.44–$17.97, March 2024) and is trading at $8.79–$11.90, with a change of -45.5% to +0.92% over 24 hours and +19.1–32.1% over 7 days. A descending channel is visible on the 1-hour chart, with support at $8.50 and resistance at $11.60–$12.00. RSI is neutral, a bounce is possible.
- Key levels:
- Support: $8.50–$9.00 (50-day SMA, June low $8.79).
- Resistance: $11.60, $12.00, then $15.21.
- Indicators:
- RSI (1H/daily): ~30–50, neutral zone, close to oversold on the daily.
- MACD: Bearish on daily, but bullish crossover on 1H.
- SMA: Price below 50-day SMA ($10.50) and 200-day ($13.50).
- Volumes: $7.28–$1277.74 million, volatility (growth on OKX: $103 million for AUCTION/USDT). Low volumes limit impulses.
- Chart: The price is testing $8.79–$11.90 in a descending channel. A breakout at $11.60 could raise the price to $12.00–$15.21; a break below $8.50 would strengthen the decline to $7.33. Use 1H/4H timeframes for scalping. Check TradingView (AUCTION/USDT).
## Fundamental Factors
- Positive:
- Unique niche: AaaS for tokens, NFTs, real assets with RFQ and MEV protection.
- Integrations: Arbitrum, Wormhole, Hashflow 2.0, AI Agent on BNB Chain.
- Ecosystem: TVL ~$50 million, growth of NFT auctions, support from Coinbase Ventures, Pantera Capital.
- Bullish sentiment: 60–70% of posts on X are optimistic, mentioning growth after staking.
- Risks:
- Volatility: Decrease of 45.5% in 24 hours, cyber attack (July 4, 2025).
- Competition: OpenSea, Blur, Rarible in NFT auctions.
- Low liquidity: Volumes of $7.28–$1277.74 million are lower than top tokens, ranking #281–615.
- Token unlock: 6.09–6.6 million in circulation out of 10 million, selling pressure may occur.
## Recommendations
- For traders: Buy when holding $9.00 (target $11.60–$12.00, stop-loss $8.50). Sell on a break below $8.50 (target $7.33). Use 1H/4H timeframes, watch volumes and news on staking or AI Agent.
- For investors: Growth potential is linked to NFT auctions and DeFi, but volatility and low liquidity create risks. Watch for news on TVL and new integrations.
- Monitoring: Follow X (@bounce_finance, @ConicalCapital) and TradingView (AUCTION/USDT). Check CoinGecko and Binance Square.
