Bonfida (aka SNS) Price Overview

The current Bonfida (aka SNS) price is 0.083500000 €. The price has changed by -6.25% in the past 24 hours on trading volume of 13091391.66 €. The market rank of Bonfida (aka SNS) is 529 based on a market capitalization of 83001346.48 €. Bonfida (aka SNS) has a circulating supply of 990911355.33 FIDA. The highest recorded Bonfida (aka SNS) price is 16.170 €. And the lowest recorded FIDA price is 0.046158710 €.

How do Bonfida (aka SNS) price movements correlate with market trends? Check our complete cryptocurrency exchange rate page for information at a glance.

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Analysing Bonfida (aka SNS)’s price history

Before buying any cryptocurrency, it’s worth doing your homework. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall.

Make sure your price prediction for Bonfida (aka SNS) matches your long-term and short-term financial goals.

There are countless ways to analyse crypto price performance and make a buying decision. Two of the most commonly used are technical analysis and fundamental analysis.

Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Bonfida (aka SNS) chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering.

In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.

News events are important too, especially economic indicators. Is the national bank raising interest rates? Are fiscal conservatives being elected? Have storms or droughts disrupted agriculture, tourism, and other industries?

Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.

Factors influencing the Price of Bonfida (aka SNS)

Many factors affect the value of Bonfida (aka SNS).

The Bonfida (aka SNS) exchange rate sometimes moves with changes in the wider economy. And sometimes crypto moves the opposite direction. For example, many cryptos have made impressive gains despite bank failures and economic uncertainty in international financial markets. This may indicate that investors have turned away from risky banks and turned to crypto, which has delivered historic long-term benefits.

Government regulations have a great impact on the price of Bonfida (aka SNS) and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower.

Newsmakers increasingly influence crypto prices. When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. The effects of these endorsements on crypto prices cannot be overstated. Watch for mentions of Bonfida (aka SNS) in the news, monitor FIDA on X. Visit the project’s online community at Discord or elsewhere. The better informed you are, the better the decisions you will be empowered to make.

Live Bonfida (aka SNS) value and market cap

The live Bonfida (aka SNS) exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period.

The market capitalisation of Bonfida (aka SNS) is equal to the value of Bonfida (aka SNS) multiplied by the number of Bonfida (aka SNS) in circulation.

What payment methods can I use to buy Bonfida (aka SNS)

What can you do with your Bonfida (aka SNS)?

Buy Bonfida (aka SNS) with euros

Access Bonfida (aka SNS) tokens before they are listed on centralised exchanges. Get the best rates and purchase with your card or bank account, all on one platform.

Exchange Bonfida (aka SNS)

Swap some or all of your Bonfida (aka SNS) for any other crypto with ease. No crypto platform makes transactions as fast and convenient as Kriptomat.

Use Bonfida (aka SNS)

Use the Bonfida (aka SNS) you buy with the Kriptomat app to access Web3 dApps, DeFi applications, games, and NFT marketplaces.

Sell Bonfida (aka SNS) for euros

Simplify your life with the Web3 wallet that lets you sell your Bonfida (aka SNS) for euros in seconds. Easily withdraw to your bank account or bank card.

Earn Bonfida (aka SNS)

With Bonfida (aka SNS), you can easily access DeFi with liquidity pools. Liquidity pools are funds that allow users to lend or borrow Bonfida (aka SNS) at competitive interest rates.

Hold your Bonfida (aka SNS)

Your Bonfida (aka SNS) tokens will be securely stored in your Kriptomat Web3 wallet. You can save it for a rainy day or until you’re ready to cash in.

How much is 1 Bonfida (aka SNS) worth?

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Bonfida (aka SNS) Price FAQ