BONAFIDA When is The Time for Invest and Do Not Forget 23 December 2024 as Its Important Schedule
Bonfida ($FIDA ) has been rebranded to Solana Name Service (FIDA).
What is Solana Name Service (FIDA)?
Bonfida is a group specializing in cryptocurrencies, analytics, and engineering, focused on advancing blockchain technology and decentralized identities. They developed the Solana Name Service to create secure, pseudo-anonymous on-chain identities, enabling users to establish Web3 reputations. Bonfida aims to bridge the current web and the decentralized future, enhancing usability and promoting mass adoption of DeFi. Their work emphasizes the importance of names in identity, advocating for user ownership and privacy. They believe that simplifying access and fostering familiarity are key to DeFi's long-term success.
As there is early investor they bought with pricing $0.05 to $0.1 and their are still in vesting schedule token release that is why the price in the trending always lower and faster there are some pump and correction in fast again.
When is the best time to buy it?
As we can see its vesting schedule will be completely 100% at 23 December 2024.
So the prediction price movement is when closing the vesting schedule the price will suddenly pumping up because they need to take huge profit as possible when its completely unlock.
After 23 December 2024, if the team and the Dev not abandon it and think to continue it's project then this project will have good pumping price as time come by. Because many project after the team exit the liquidity after the project completely unlocked they will abandon and leave the project because the Bank is already not work.
So the best way is when its close to 23 December 2024 and take the profit when close to 23 December 2024 and then buy it again week after 23 December 2024 and alway see the team if they abandon the project just leave take profit or cut loss yours.
Do you agree with my opinion? If you have other comment please let me know.
