This article centers around a thorough assessment of BOA coin’s technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our BOAort aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it ; identifying traded currency pairs ; exploring assorted key metrics that demonstrate critical aspects of performance such as highest low price values attained among other essential economic indicators. We will also provide regular weekly graphical or technical analyses aimed at assisting potential investors evaluate feasible investment risks areas while identifying prospective profits.
What is BOSagora (BOA) Coin?
BOSagora (BOA) is a cryptocurrency that powers the BOSagora blockchain platform. BOSagora aims to provide a decentralized and transparent environment for various applications, including voting systems, decentralized finance (DeFi), and more. The BOA coin serves as the native currency of the BOSagora ecosystem, facilitating transactions and incentivizing participants within the network. It also plays a vital role in securing the blockchain through its consensus algorithm called Proof-of-Stake-Identity (PoSI). If you’d like more detailed information about BOSagora and its features, I recommend visiting their official website or exploring reputable cryptocurrency resources.
If you want to know more about the BOSagora (BOA) coin , you can visit its website.
https://www.bosagora.io/en/
Projects:
BOSagora (BOA) coin is associated with several projects within the BOSagora ecosystem . Here are some notable projects :
- BOSCore: BOA serves as the native cryptocurrency of the BOSCore blockchain platform. BOSCore aims to provide a decentralized and scalable infrastructure for various applications, including decentralized finance (DeFi) , voting systems, gaming platforms, and more .
- Voting System : One of the key projects involving BOA is the implementation of a secure and transparent voting system on the BOSagora blockchain . This project aims to revolutionize traditional voting processes by utilizing blockchain technology to ensure integrity , immutability , and transparency in elections .
- Decentralized Finance (DeFi) : The BOSagora ecosystem also explores opportunities in DeFi applications such as lending protocols, decentralized exchanges (DEXs) , yield farming, and other financial instruments built on top of its blockchain network .
- Proof-of-Stake-Identity (PoSI) : BOA plays an important role in securing the BOSagora network through its consensus algorithm called Proof-of-Stake-Identity (PoSI). PoSI combines traditional proof-of-stake mechanisms with identity verification to achieve greater security and decentralization .
These are just a few examples of ongoing projects associated with the BOA coin within the broader scope of the BOSagora ecosystem . The team behind BOSagora continues to develop new initiatives that leverage blockchain technology for real-world use cases across various industries .
Factors affecting price:
The price of BOSagora (BOA) coin, like any other cryptocurrency , can be influenced by various factors . Here are some key factors that may impact the price of BOA :
- Overall Market Sentiment : The cryptocurrency market is highly volatile and can be influenced by general market sentiment . Factors such as global economic conditions , regulatory developments , investor confidence, and geopolitical events can all contribute to market sentiment and affect the price of BOA .
- Adoption and Use Case Development : The adoption of BOSagora’s blockchain technology in real-world applications can have a positive impact on the demand for BOA coins. As more projects utilize the BOSagora ecosystem and its features , it could lead to increased utility and value for BOA .
- Network Activity : The level of activity within the BOSagora network can influence its price dynamics. Increased participation from validators, developers, users, and community members can indicate growing interest in the platform and potentially drive up demand for BOA coins .
- Partnerships and Collaborations : Strategic partnerships or collaborations with other companies or blockchain projects can bring attention to BOSagora’s ecosystem and increase awareness about BOA among potential investors or users .
- Token Supply Dynamics : Factors related to token supply management may also impact the price of BOA coin. This includes aspects such as token burns (destruction) , staking rewards distribution mechanisms , inflation rates if applicable, or changes in circulating supply due to lock-ups or releases .
It’s important to note that cryptocurrency markets are complex and subject to numerous variables beyond these factors alone—making it challenging to predict future prices accurately .
Where can I buy BOSagora Coin (BOA)?
Exchange Pair Volume
BOSagora Coin (BOA) Baseline Assessment :
The market cap of the BOSagora (BOA) coin is 3.842.477 and its circulating supply is 337.818.101 units. Its maximum Supply is 4.950.000.000 units, with a fully diluted valuation of $ 56.303.261.
What is the high price point for BOSagora Coin (BOA)?
BOSagora (BOA) highest price is $0.6244 recorded on Mar 28, 2021. The current price is -98.15% lower than the all-time high .
What is the low point of the price for BOSagora Coin (BOA)?
BOSagora (BOA) token’s lowest price was $0.006872 on Sep 22, 2019.
BOSagora Coin (BOA) Technical Outlook:
BOSagora (BOA) coin, which was $0.66515 on 22 Mar 2021, fell to $ 0.01069 on 10 Jul 2023. BOA coin , which continues its movement within the falling channel, continues to be priced in the lower band of the channel . It is noteworthy that the decline is voluminous, especially below the $0.03289 level. In the coming days , it should be followed whether the reaction from the bottom of the channel will rise and reach $ 0.01962 . If the price fails to stay above $0.09051, the upside will not be long-lasting.
Our support: $0.01069 – our sequential resistances: $0.02206 – $0.03289 – $0.09051 – $0.16085 – $0.30159
Investment information comments, and recommendations contained herein are not within the scope of investment consultancy . The content, comments, and recommendations herein are not guiding but general . These recommendations may not suit your financial situation and risk and return preferences. Therefore making an investment decision based solely on the information herein may not yield results that meet your expectations .
