What determines the price movement of Bancor (BNT)?

There are two schools of thought when it comes to determining the price of a cryptocurrency like Bancor. By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Bancor, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Bancor. By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Bancor on the basis that history tends to repeat itself. Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Bancor. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Bancor and the broader cryptocurrency market.

What is the highest price of Bancor price in history?

Bancor achieved the all-time high of 10.72 in 2018-01-09, and is currently trading at 0.4304.

What is the lowest price of Bancor price in history?

Bancor reached its all-time low of 0.120935 on 2020-03-13.

What is the current market cap of Bancor?

The current market cap of Bancor is 47245642.913940564, as 109771475.171795 BNT is trading at the price of 0.4304.

How many Bancor are there in the market?

There are currently 109771475.171795 BNT circulating in the market. These Bancor can be actively traded or used in the open market.

What is the maximum supply of Bancor?

The maximum supply of BNT is 110542364.6372305 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

What is the fully diluted market cap (or FDV) of Bancor?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Bancor is 47245642.9139405680. The FDV is calculated taking the assumption that all supply of Bancor is circulation, multiplied by its current price of 0.4304.

What is the price prediction of Bancor ?

Using an algorithm to automatically identify historical data trends, this Bancor price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Is Bancor a good investment?

Bancor offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Bancor and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Bancor.

You can buy Bancor via Gate by following the steps on how to buy BNT once you have funded your account.

Bancor Price

BNT

Rank 556

Bancor (BNT) Price Live Chart

Bancor (BNT) Price Today

Bancor (BNT) price today is $0.4304, with a 24-hour trading volume of $13.63K and as such Bancor (BNT) has a market cap of $47.24M, giving it a market dominance of 0.0014%. The Bancor (BNT) price moved -2.56% in the last 24 hours.

BNT Price Data

24h Turnover$13.63K
All-Time High(ATH)$10.72
24h High$0.452
All-Time Low(ATL)$0.1209
24h Low$0.4257

BNT Market Cap Infos

Market Cap$47.24M
Fully Diluted Valuation$47.24M
Market Cap/FDV99.3%
Market SentimentPositive

BNT Supply

Circulating Supply109.77M BNT
Total Supply109.77M BNT
Max Supply110.54M BNT

*Data is for reference only

Bancor (BNT) Price Prediction

Bancor(BNT) is predicted to average $0.4294 in 2026, with a potential swing between the lowest price $0.2619 and the highest price $0.468. By 2031, Bancor(BNT) price could reach to $0.8232, offering a potential +62.00% return from today’s Bancor price.

Year	Minimum Price	Highest Price	Average Price	Change
2026	$0.2619	$0.468	$0.4294	--
2027	$0.2378	$0.6012	$0.4487	+4.00%
2028	$0.4567	$0.6667	$0.525	+21.00%
2029	$0.5303	$0.7329	$0.5958	+38.00%
2030	$0.6311	$0.7308	$0.6644	+54.00%
2031	$0.5581	$0.8232	$0.6976	+62.00%

Bancor(BNT) Price History

Bancor(BNT) price has moved -2.56% in the last 24 hours, and +7.22% in the past 7 days. The price of Bancor(BNT) is -3.53% in the past 30 days, and -41.85% over the last year.

Time period	Change amount	% Change
1H	-$0.001815	-0.42%
24H	-$0.0113	-2.56%
7D	+$0.02898	+7.22%
30D	-$0.01574	-3.53%
1Y	-$0.3097	-41.85%

Bancor (BNT) Credibility Indicators

87.61

Reliability Score

PercentileTOP 5%

Bancor (BNT) to Local currency Converter

About Bancor (BNT)

Contract

0x1f573d6...d79a7ff1c

Explorers

etherscan.io

Website

bancor.network

Community

Tags

TRY Stablecoin

Op uitwisseling gebaseerde tokens

USDT

Gedecentraliseerde financiën (DeFi)

Bancor is a system that provides liquidity for small market value tokens. It has one or more erc20 tokens that can be traded as reserves. New tokens are issued through smart contracts in exchange for reserve tokens. The price of new tokens is self pricing through smart contracts, so that they can be directly converted between tokens without exchanges, and there is no need for a second party to participate in transactions or a third party to make deals. The network effect of tokens created by Bancor protocol reduces the barriers to market entry for these new currencies and effectively solves the liquidity problem. The new currency is endorsed by Bancor, which is endorsed by eth, and Bancor's constant reserve ratio (CRR) is set and maintained at 20%. BNT is issued by sending eth to the smart contract in which Bancor holds reserves. These eth sent in the past become Bancor's endorsement. Under such a setting, the user can send 20eth to the smart contract to purchase 100bnt, and the 20eth will be forcibly collected into the reserve by the smart contract. In the same way, BNT can be redeemed back to eth. As long as users send it to Bancor's smart contract, they will get some eth. Bancor protocol allows users to generate or destroy BNT every time they deposit or withdraw reserve (ETH). If the price of eth rises (due to the development of Ethereum Ecology), the price of BNT will also rise (because BNT and its reserve token eth maintain a constant reserve ratio), and the rise of BNT price will also increase the price of new currency. The biggest innovation of Bancor protocol is that the value discovery of digital currency in traditional exchanges is based on the real-time synchronous matching of bid and ask. However, based on Bancor protocol, the price of digital currency depends on the balance of reserves and the circulation of tokens, and the process of value discovery is asynchronous.