In this article, we will be looking at what the Bonfire crypto project is all about and where the price could be in 2022 and the next three years. This is a mere Bonfire crypto price prediction that’s been forecasted based on the current price and market analysis of several predictions platforms.
What Is Bonfire?
Bonfire is a community-orientated, frictionless, yield generating contract based on the Binance Smart Chain.
The project is based on an RFI tokenomics model that takes a 5% fee on every transaction that is proportionally redistributed to all holders of the Bonfire token, and another 5% fee that goes into the liquidity pool to provide additional security for token holders.
The project maintains the long-term goal of launching a decentralized social media platform, providing a space for NFT sales and sharing, as well as other utilities and sub-projects that are yet to be announced.
The strongest asset of Bonfire is the incredible community that has been built around it. Giveaways, competitions, and charity donations are an integral part of Bonfire.
Bonfire seeks to stand apart from the crowd and move towards a future of stability and multi-faceted use.
With a dedicated team of multi-skilled and highly technically experienced developers combined with marketing and social engagement managers, the project is being driven by people with a true belief in decentralized finances and the positive changes that can affect the world and the global community.
Bonfire is bringing the global community together by building the world’s first crypto-based social media network with an ecosystem of decentralized apps powered by its deflationary token.
Bonfire Crypto
Bonfire crypto is a utility token of Bonfire ecosystem token created on Binance Smart Chain (BSC). It was launched on April 18th, 2021 through an OTC presale mechanism on BSC.
Bonfire is an inherently deflationary asset that rewards holders and punishes trading bots and swing traders. Every transaction, including buys and sells, includes a 10% tax which 5% is added to liquidity and the other 5% is redistributed to holders proportional to how many Bonfire cryptos they hold.
As part of the frictionless token redistribution process, a large number of tokens are added to the burn wallet with every transaction and taken out of circulation. This makes it more difficult for whales and trading bots to game the system.
Bonfire sets itself apart from other projects in the crypto-space by providing diverse utility to its deflationary token (Bonfire Crypto) and incentivizing tokenomics which encourages users to hold it long term.
In addition to passive rewards through token redistribution, Bonfire holders will be able to receive perks and rewards on the Bonfire ecosystem under development proportional to how many Bonfire tokens they hold. The token utility will be based on holding and not transacting.
Bonfire Crypto Price Prediction
Below is the Bonfire Crypto prediction base on current historical data in 2021-2025
Bonfire Crypto Price Prediction 2021
| Month | Average Price ($) | Change (%) |
|---|---|---|
| Jun 2021 | $0.0000000251 USD | 69.06 % |
| Jul 2021 | $0.0000000246 USD | 65.15 % |
| Aug 2021 | $0.0000000199 USD | 34.11 % |
| Sep 2021 | $0.0000000228 USD | 53.26 % |
| Oct 2021 | $0.0000000194 USD | 30.17 % |
| Nov 2021 | $0.0000000196 USD | 31.93 % |
| Dec 2021 | $0.0000000244 USD | 64.16 % |
Bonfire Crypto Price Prediction 2022
| Month | Average Price ($) | Change (%) |
|---|---|---|
| Jan 2022 | $0.0000000266 USD | 79.16 % |
| Feb 2022 | $0.0000000248 USD | 66.84 % |
| Mar 2022 | $0.0000000239 USD | 60.89 % |
| Apr 2022 | $0.0000000280 USD | 88.5 % |
| May 2022 | $0.0000000292 USD | 96.11 % |
| Jun 2022 | $0.0000000280 USD | 88.21 % |
| Jul 2022 | $0.0000000275 USD | 84.63 % |
| Aug 2022 | $0.0000000261 USD | 75.62 % |
| Sep 2022 | $0.0000000297 USD | 99.46 % |
| Oct 2022 | $0.0000000232 USD | 55.87 % |
| Nov 2022 | $0.0000000270 USD | 81.46 % |
| Dec 2022 | $0.0000000269 USD | 80.92 % |
Bonfire Crypto Price Prediction 2023
| Month | Average Price ($) | Change (%) |
|---|---|---|
| Jan 2023 | $0.0000000282 USD | 89.39 % |
| Feb 2023 | $0.0000000322 USD | 116.32 % |
| Mar 2023 | $0.0000000265 USD | 78.19 % |
| Apr 2023 | $0.0000000267 USD | 79.31 % |
| May 2023 | $0.0000000275 USD | 84.6 % |
| Jun 2023 | $0.0000000364 USD | 144.57 % |
| Jul 2023 | $0.0000000305 USD | 105.19 % |
| Aug 2023 | $0.0000000276 USD | 85.49 % |
| Sep 2023 | $0.0000000311 USD | 109.17 % |
| Oct 2023 | $0.0000000293 USD | 96.68 % |
| Nov 2023 | $0.0000000350 USD | 135.41 % |
| Dec 2023 | $0.0000000367 USD | 146.86 % |
Bonfire Crypto Price Prediction 2024
| Month | Average Price ($) | Change (%) |
|---|---|---|
| Jan 2024 | $0.0000000442 USD | 197.28 % |
| Feb 2024 | $0.0000000352 USD | 136.8 % |
| Mar 2024 | $0.0000000345 USD | 132.14 % |
| Apr 2024 | $0.0000000419 USD | 181.86 % |
| May 2024 | $0.0000000371 USD | 149.37 % |
| Jun 2024 | $0.0000000434 USD | 192.06 % |
| Jul 2024 | $0.0000000351 USD | 136.23 % |
| Aug 2024 | $0.0000000370 USD | 148.46 % |
| Sep 2024 | $0.0000000299 USD | 101.15 % |
| Oct 2024 | $0.0000000334 USD | 124.28 % |
| Nov 2024 | $0.0000000376 USD | 152.93 % |
| Dec 2024 | $0.0000000425 USD | 185.67 % |
Bonfire Crypto Price Prediction 2025
| Month | Average Price ($) | Change (%) |
|---|---|---|
| Jan 2025 | $0.0000000507 USD | 240.92 % |
| Feb 2025 | $0.0000000404 USD | 171.81 % |
| Mar 2025 | $0.0000000426 USD | 186.47 % |
| Apr 2025 | $0.0000000473 USD | 218.31 % |
| May 2025 | $0.0000000512 USD | 244.43 % |
| Jun 2025 | $0.0000000425 USD | 185.45 % |
| Jul 2025 | $0.0000000384 USD | 158.15 % |
| Aug 2025 | $0.0000000479 USD | 221.85 % |
| Sep 2025 | $0.0000000507 USD | 241.19 % |
| Oct 2025 | $0.0000000447 USD | 200.56 % |
| Nov 2025 | $0.0000000458 USD | 207.58 % |
| Dec 2025 | $0.0000000459 USD | 208.48 % |
Is Bonfire A Good Investment
Speculations abound for the future price of Bonfire tokens. Although the token has the potential to become a mainstream used currency due to its massive community and influence within the crypto sphere, its recent price performance has been disappointing. Since hitting an all-time high in May last year, the price of Bonfire token has declined by more than 95%. So far, there hasn’t been any sign of an uptrend whatsoever.
According to their roadmap, Bonfire token will be used for NFT’s, and the development team is looking to create the world’s first Decentralised Social Network using the coin as part of its platform. However, the developments on the projects seem to have stalled, which isn’t a good thing for Bonfire crypto price in the future.
Considering the current and future innovation in the Bonfire ecosystem and the incentivizing tokenomics on the utility token, Bonfire can be regarded as a good investment for long term if the development team can meet up with all the mission and vision.
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Disclaimer: All the information on this website is published for general information purposes only. They are not financial advice and do not represent the opinions of Coindictate to buy or sell any asset. Please do your own research before taking any action.
