Bubble Network (BNX) is a blockchain-based project that seeks to become a decentralized payment network for crypto and fiat currencies. This means it essentially offers individuals a way to store and exchange their wealth, which is something that’s been missing from the entire crypto market since the ICO boom of 2017. The network itself is a product of the New City Corp., an organization that has been trying to make a splash since 2013. The Mainnet (BNX) was released on January 5th, 2019, which was followed by a 24-hour sale that drove the valuation of BNX to 6.4 cents on that very same day. Since then, the implementation of the network has been halted for over two months as the team tries to deal with growing pains within their codebase and make necessary changes to avoid future issues.
BNX price in 2022 – Can BNX price hit?
It’s easy to see why Bubble Network (BNX) has outperformed all other coins in 2018. BNX, with its promising team, bold vision, and strategic marketing plan has seen enormous growth recently. The BNX price in 2018 has increased from USD 0.09 per coin to USD 0.71 per coin. This is a growth of over 1,000% and clearly shows that BNX has been on a fantastic run. However, this could all come to an end very soon as there are no guarantees when it comes to cryptocurrency projects. The price of every project can change in the blink of an eye. We’ve seen this happen countless times in the past and BNX may suffer a similar fate.
What about BNX price prediction in 2022?
The team is confident that BNX will not only grow exponentially in the next few months but also set a higher price target by the end of the year. Here’s a breakdown of their statement: “The BNX token has a total supply of 7 billion tokens with 2 billion currently in circulation. It is distributed according to the following timeline: 1% (700k) will go to investors holding at least 500,000 tokens purchased during our private sale, and 5% (3.5M) will be allocated to big investors who have committed funds worth at least $10,000,000 for another round during this period.
Over 3.2 billion BNX tokens (70%) will be allocated to the community, through airdrops, income sharing, and community center programs, as part of our social engagement and growth model – the BNBX Strategy. The remaining 500 million tokens will be distributed among founders and team members.
What is binary (BNX)?
binary is a distributed financial system that enables users to put their money in and get quick and efficient payouts without the need for an intermediary. The Project, a firm built on blockchain technology, offers features such as:
✓ high-level security, protection against hacking and financial manipulation
✓ transparent transaction history – all transactions are recorded on the blockchain, making it almost impossible for forgery or manipulation by third parties
✓ user identity verification – every transaction is accompanied by cryptographic proof of who sent funds from where to whom.
✓ consumer-friendly interface – radically different from traditional online banking services, it is easy to use and understand
✓ low-cost financial settlements – unlike other existing payment networks, BinaryX does not rely on the legacy SWIFT system. The payment settlement process is executed through an automated process that allows for a minimum of redundant and expensive intermediaries to be eliminated. This is another key feature that makes it different from traditional payment systems.
binary (BNX) Price Prediction
If there’s one sure thing, it is that the price of BNX is going to rise sharply in the coming months. While it has not yet begun, we are already seeing the first signs of a bull run within the cryptocurrency market. The BNX price prediction for the end of this year is USD 37.73 per coin. This isn’t going to happen in a day, but if we look at the figures, there is strong reason to be optimistic about BNX’s price in 2022.”
“The BNX token has a total supply of 7 billion tokens with 2 billion currently in circulation. It is distributed according to the following timeline: 1% (700k) will go to investors holding at least 500,000 tokens purchased during our private sale, and 5% (3.5M) will be allocated to big investors who have committed funds worth at least $10,000,000 for another round during this period.”