Are you in search of a token that offers lesser transaction and gas fees? Do you want to invest in a cryptocurrency that enables faster exchanges? Have you heard of the Boba Network? If yes, please read further to know more about this project.
In today’s write-up, we have covered details regarding the native token of Boba. Traders from several countries, like South Korea, the United Kingdom, the United States, India, and Thailand, are keen to know the Boba Token Price. Therefore, please continue reading to find out more.
What is Boba?
Boba is a crypto network that provides its community members with lower gas fees and faster transactions. The system is based on Layer 2 of Ethereum, and the users can swap their NFTs (Non-Fungible Tokens) minted on this platform between Layers 1 and 2 easily.
Often traders withdraw from using efficient algorithms due to their high cost. Boba offers extendable contracts that allow developers to build decentralized applications despite the cost barrier.
Founder of Boba
Alan Chiu founded the Boba Network in 2018.
Boba Token Price Today
The current cost of the Boba token is $4.04.
Boba Coin Supply / Market Supply
The developers launched this crypto coin recently on 18 November 2021. As it is a new token, all its statistical figures are not available on the Internet. However, we have mentioned below the information we could get about its statistics. We have also provided the current values of this token.
- 24-hour Trading Volume – $3,173,350
- Total Supply – 500,000,000 BOBA
- Fully Diluted Valuation – – $2,028,535,672
- 24-hour Range – $4.16
- Number of Transactions – 3,002
- Total Transfers – 2270
- Number of Holders – 212
The last three figures mentioned above suggest that Boba Token Price is gradually gaining interest among traders in the marketplace.
How to Buy the Boba Tokens?
The team has made this token available on the FTX exchanges, i.e., FTX Pro and FTX.com. The coin will soon be available on other crypto exchanges, such as Bitfinex and Poloniex. As of now, please find the steps to buy the Boba coins from FTX.
- Create an account in FTX exchange.
- Fund your account with your preferred cryptocurrency like Ethereum.
- Go to the wallets section to check your balance.
- Now, visit the Markets section and click on Spot.
- Search the trading pair of your cryptocurrency and Boba.
- Examine the latest Boba Token Price and other statistical information before finalizing the purchase.
Frequently Answered Questions (FAQs)
Q1. What are the uses of this token?
A1. The utilities of the Boba token are governance and staking.
Q2. When did the airdrop of this coin occur?
A2. The developers conducted the airdrop of the Boba tokens recently on 19 November 2021.
Q3. Can I mint NFTs in Boba Network and move them to Layer 1 of Ethereum?
A3. Yes. You can create and shift your NFTs between Layers 1 and 2 of Ethereum on the Boba Network.
Q4. What is the Boba Token Price today?
A4. The latest value of this crypto coin is $4.04.
Q5. What is the contract address of this token on Ethereum?
A5. The smart contract address of the Boba coin on Ethereum is 0x42bbfa2e77757c645eeaad1655e0911a7553efbc.
Q6. Where can I find information about Boba on social media?
A6. You can view Boba Network’s Telegram and Discord pages to know the recent news.
Conclusion
According to Boba token’s predicted price , it is likely to reduce by next year. Therefore, investors may want to experiment with it in the future. However, you must Best Cryptocurrency To Invest 2022 before taking any action.
What do you think? Is the latest Boba Token Price justified? Please share your opinions in the section below.