The BNC cryptocurrency is a Polkadot-based parachain that provides instant liquidity and staking without the need to nominate transactions. The Bifrost protocol enables changing proof-of-stake (PoS) tokens into vTokens (e.g. DOT can be changed into vDOT). Bifrost is dedicated to standardized and interest-bearing cross-chain derivatives in association with the Polkadot blockchain and other heterogeneous chains linked to it.
Bifrost Price Analysis
As of January 17 2025 Bifrost has a marketcap of $11M.
This is {{percentagefromath}} from its all time high of $6.14.
In terms of its tokenomics, there's a total supply of 80M with 57% currently outstanding.
Keep in mind Bifrost has a fully diluted value of $19M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
