AUCTION is the native token of Bounce Finance's blockchain-based auction platform on the Ethereum network. Additionally, it serves as a utility token within the Bounce Finance crypto ecosystem. 

The decentralized auction protocol platform and protocol governance cannot function without it. For governance proposals, one AUCTION token equals one vote.

Bounce works through the channels of (1) Bounce Finance (2) The Fangible (NFT) (3) Freelancer DAO (4) Bounce DAO Toolbar.

According to CoinMarketCap, Bounce Finance (AUCTION) maximum supply is 10,000,000 while its circulating supply is 2,083,956 AUCTION. The most popular cryptocurrency exchanges to trade Bounce Finance (AUCTION) are Binance, Coinbase, Huobi Global, Gate.io, Mexc and others.

Bounce Finance (AUCTION) Price Prediction 2022
After touching the support levels at $6.45 and $3.89, AUCTION price swung from $12.75 resistance2 to $9.37 resistance1. The market has bounced back at the support level of $6.45 and is now going sideways. Expected to be bullish in coming weeks.
 
In the meantime, our long-term AUCTION price prediction for 2022 is bullish if it cannot break the current support level. We can expect AUCTION to reach above $40 in 2022.