what's Bounce?
Bounce is a decentralized auction platform built on blockchain technology, enabling transparent and efficient auctions for a wide range of assets including tokens, NFTs, and real-world collectibles. Its native token, AUCTION (formerly BOT after migration), powers the ecosystem by facilitating bidding, governance, and incentives within the platform. Bounce supports multi-chain operations and offers Auction as a Service (AaaS) for Web3 users and developers to integrate auction functionalities seamlessly.
Partnered with betrmint and houseproto for a promotional campaign running until 2025-12-31 midnight, featuring a $2500 prize pool where participants can win up to 100x back in $AUCTION and $BETR tokens.
AUCTION categorized among 20+ tokens experiencing inorganic/engineered squeezes with low mindshare in October. Token not listed on HyperLiquid, creating 10X higher squeeze risk compared to listed alternatives.
Short squeeze exhaustion indicates potential reversal point for price action.
Token experienced significant sell-off with 1.859M tokens ($70.36M, 24.3% of total supply) flowing into CEX in 10 hours. Price dropped 60% from $57 to $23. Major whale/institution moved 1.5M tokens ($49.88M) to Binance, while project team transferred 359k tokens ($20.48M) to Binance, OKX, and Gate.
Whales deposited 1.08M AUCTION ($48.6M, 14.26% of total supply) into Binance and OKX, causing 50% price drop.
Project wallet transferred 359,000 AUCTION tokens ($20.48M) to Binance, OKX, Gate exchanges on March 23, 2024 at 03:13, leading to price decline at 03:15.
Token experiencing price drop from $57 to $29 in 5 hours after whale moved 750k tokens ($29.25M) to Binance. Whale still holds 750k tokens ($23.85M) across two addresses.
Mentioned as having the "best chart in all of crypto" currently.
Whale/institution withdrew 26% (2 million tokens) of AUCTION from Binance over past 3 weeks. Project team holds 25% (1.91 million tokens) in multisig wallets with no movements in 5 months
Fresh wallet withdrew 146k AUCTION (~$3.71M) from Binance
Price increased from $8.4 to $26.4 (214%) in one month. 1.5M tokens (20% of total supply, worth $39.6M) withdrawn from Binance by three addresses in past 16 days.
Whale wallet 0x02a accumulated 500k AUCTION at average entry $18.57, currently showing unrealized profit of $3.86M with 41.6% ROI.