FIDA Coin, also known as Bonfida, experienced a
35% rally following its launch in China as a part of the Solana Name Service. As a noteworthy addition to
Coinbase, Bonfida displayed a healthy live price chart and an impressive market cap. Despite the complex narrative surrounding
Sam Bankman-Fried's trading dynamics, FIDA continues to gain traction. Among the reports of Solana's prices experiencing a 40% drop, Bonfida is still considered a strong contender within the crypto market. Its value, driven primarily by its presence in Solana's ecosystem, propelled after Coinbase listed two Solana ecosystem tokens. Amid rising divisions and speculations over Bankman-Fried's Crypto empire, the Token Guide maintains a positive outlook on FIDA. With the increasing dominance of ETH defi and the reign of Solana transactions in the Defi market, Bonfida remains a vital part of the crypto landscape. It is crucial to note the anticipated removal of support for BUSD by Binance in 2024, promoting a new stablecoin instead. As a backdrop, Pakistani protests escalate in Balochistan, underscoring the broader geopolitical landscape within which cryptocurrencies operate.
FIDA Coin News Analytics from Tue, 22 Dec 2020 14:38:32 GMT to Tue, 06 Aug 2024 07:00:00 GMT -
Rating 7
- Innovation 6
- Information 9
- Rumor -2
