- Bounce Token soared greater than 36% on Sunday, gaining to an intraday excessive of $36.17.
- Analysts predict a breakout for AUCTION price.
Bounce Token (AUCTION) has surged by a powerful 36% over the previous 24 hours, rising as amongst high gainers within the 500 largest cash by market cap. Solely Ancient8 (AB) with a staggering 109% in 24 hours and BinaryX (BNX) with 40% as surged by extra.
Notably, this price spike comes as most altcoins look to carry onto beneficial properties as Bitcoin hovers close to $84k.
Bounce Token price recap: A 36% surge in 24 hours
Based on CoinMarketCap information on March 16, 2025, Bounce Token (AUCTION) climbed 36% to succeed in an intraday excessive of $36.17. Whereas the altcoin, native to the decentralised public sale platform, stays about 49% from it’s all-time excessive of $70.56, it has seen important beneficial properties in latest weeks.
Per CoinMarketCap, AUCTION price has jumped by about 107% over the previous seven days and 204% up to now month. These beneficial properties have pushed Bounce Token’s market capitalization to round $232 million.
In the meantime, buying and selling quantity has additionally skyrocketed, up 230% in 24 hours to hover at $590 million on the time of writing.
Why is the AUCTION price up as we speak?
Bounce Token’s price rally builds on AUCTION’s longer-term momentum. A part of this has to do with the expansion within the ecosystem and new venture launches.
Considered one of these is Public sale Intelligence, a man-made intelligence (AI) agent launchpad by Bounce Finance, which went dwell on the BNB Chain.
Though the market is essentially detrimental, Bounce Token bucks the development with notable impetus from its traction within the DeFi house. There’s additionally enormous anticipation round real-world collectibles.
As famous above, an revolutionary public sale mechanism and adoption are key to the present upward trajectory.
Can AUCTION bounce to a brand new ATH?
If the bulls maintain key assist ranges, such because the $30, its attainable they might goal the $60 mark seen in November 2021. From right here, with supportive market circumstances, it might be a brand new ATH for consumers.
Crypto insights supplier Crypto Sat shared an outlook for AUCTION price on March 12.
$AUCTION BREAKOUT ALERT! 🚀
After months of consolidation inside this basic bullish sample, #AUCTION has lastly damaged out in a spectacular method! The price has surged previous key resistance ranges, displaying huge momentum.
💡 Key Takeaways:
✅ Sample: Falling Wedge (Bullish… pic.twitter.com/hNhDYrdDUP— Crypto Sat (@cryptosatred) March 12, 2025
On the flipside, revenue taking offers may enable bears to focus on $20 after which $10 – earlier demand reload zones.