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Fuma Finance is one of the newly launched DeFi projects with its blockchain and a lot of aspiring features. The protocol aims to assist people who are having difficulties in the DeFi sector. The project is built on the most dependable, secure, and cost-effective blockchain, Binance Smart Chain and designed to meet numerous financial challenges. Moreover, the app allows users to create and manage their own budget, track their spending, and receive real-time financial tips from Fuma. Being an anti-inflation token, FUMA is offering value as an asset.
What is Fuma?
Built on the Binance Smart Chain, FUMA is intending to be a one-stop DeFi-token. The Automated Market Maker (AMM) algorithm is the base of the project. The DeFi project has an array of features which includes swap, lotteries, predictions, lending, financial activity, wallet, Non-Fungible Tokens, gaming, staking, and much more. The wide range of features shows that Fuma seem one of the most excellent alternative for every investor.
When was Fuma launched?
Finance is launched in 2021 and runs on the Binance Smart Chain as a BEP-20 token. At the time of launch, the developers issued 5,000,000 FUMA tokens, with 100% of the tokens in circulation.
What was the highest price for Fuma Finance?
Earlier this year, on February 13th, FUMA token price hit an all-time high of $4.27.
What was the lowest price for Fuma Finance?
Amid the all-time high, FUMA price began to lose its bullish trend last week hit an all-time low of $0.020932540926.
Key features of Fuma Tokens?
Being created to be the most useful DeFi token, Fuma aims to create a safe decentralization. Hence, the project is completely decentralized that was established on the Binance Smart Chain. Indeed, Fuma tokens are decentralized, unstoppable, and open to all the users across the globe.
The millennial project was built on the cutting-edge technology and the most dependable Binance chain. When the developers of the project were working to create the Fuma ecosystem, they aimed to fulfill the financial demand of the future. Besides, the anti-inflationary FUMA tokens is a great investment. Every time when a user buys, sells, swaps, or transfer the tokens, 5% of the transaction amount is burned. As the supply of the token is decreasing on a daily basis, soon the demand for it will boom.
Fuma Finance burning technology?
While developing the most advanced and cutting edge platform on the most reputable blockchain, Fuma is trying to solve the future of finance. The FUMA tokens are created to be the most useful native cryptocurrency in the DeFi ecosystem. Hence, the developers introduced the token burn concept to ensure that FUMA is regularly burnt from the supply.
Every time the users of FUMA token buys, sells, swaps, or transfers the tokens, 5% of the tokens are burned. This helps FUMA’s supply to decrease over time, and act as the catalyst for the price trends and will become a valuable asset for holders.
Transaction Fee?
Looking at the transaction cost, it is observed that Fuma transactions charges a 10% fee on every transaction. Whether the users are buying, selling, swapping the tokens, or transferring somewhere, each time they will have to pay a 10% fee. Notably, the fee is withdrawn from the user’s account spreads across different wallets.
From the total of 10% fees, 5% is first sent to the Burn Wallet. These tokens are burnt to reduce the total circulating supply of the token and makes the supply more depleted.
Now, from the left 5% of the tokens, 2% goes to the Liquidity Wallet where the funds are accrued. Notably, the PUMA token holders get these tokens later.
The other 2% of the fees is sent to the Airdrop wallet. These airdrops are also made for PUMA token holders.
Now, thirst of the remaining 1% funds are going to the marketing wallet. These tokens are used for development and marketing purposes for the project. Ultimately, these funds are helping boost the popularity of the projects and its usability.
FUMA Token Highlights.
FUMA is a token developed on the Binance Smart Chain that is based on a decentralized platform. These coins are unstoppable, decentralized, and open to all users.
Fuma Tokens are built on cutting-edge technology and the most dependable Binance blockchain. It was built to withstand future difficulties and may be updated as needed.
There will be no additional Team or Reserve tokens released. All tokens are distributed fairly. Presale will be accessible for 38% of the tokens, airdrop will be available for 2% of the tokens, and the rest 60% will be transferred to PancakeSwap AMM.
The team of Fuma beliefs that one of the most crucial variables in storing and managing the value of any asset is supply. The maximum quantity of FUMA tokens is just 5 million, and it will eventually deplete.
For each transaction (Buy/Sell/Swap/Transfer), 5% of tokens are removed from circulation. It will help to improve asset value as well as attract investors and asset owners.
There are measures in place to protect whales from price dumping, such as anti-whale measure to deter such whales and safeguard investors and holders, a selling threshold has been established.
How Does FUMA Work?
FUMA is built on the groundbreaking Binance Smart Chain and is intended to address a variety of financial issues. It is an Anti-Inflation Token that delivers value to investors and holders of an asset.
Every time someone buys, sells, swaps, or transfers FUMA Tokens, 5% of the tokens are burned. The supply of tokens will continue to decrease day by day.
Where can Fuma Finance be traded?
PancakeSwap allows you to swap Fuma Finance. Fuma Finance’s most popular trading pairings in the market are FUMA/USD, FUMA/CAD, FUMA/EUR, FUMA/PHP, FUMA/INR, and FUMA/IDR.
FUMA Supported Wallet?
Being a BEP-20 based cryptocurrency, FUMA tokens supports all the wallets that support the Binance Smart Chain. Some Fuma Finance (FUMA) BEP20 Tokens supported wallets are:
- Metamask
- Binance Wallet
- Trust Wallet
- Coin98 Wallet
- SafePal
- Token Pocket Wallet
- Math Wallet
- Guarda Wallet
- Unstoppable Wallet
How to buy FUMA?
There are many ways to get FUMA FINANCE, as well as many ways to store your coin. PancakeSwap (v2) is presently the most active exchange for buying and selling FUMA, hence all wallets must be connected to PancakeSwap.
Steps to buying FUMA:
Step 1: You must first link a wallet like MetaMask to PancakeSwap before you may trade tokens.
Step 2: That way, you may exchange your MetaMask BNB for another token.
Step 3: Install MetaMask on Chrome and establish a new wallet to link MetaMask to PancakeSwap.
Step 4: Then go to PancakeSwap and select “Connect” followed by “MetaMask.”
Step 5: A pop-up notification will appear once you click “MetaMask.”
Step 6: The pop-up message will instruct you on how to link MetaMask to PancakeSwap.
Step 7: All you have to do now is connect them by following the on-screen directions.
The Binance Smart Chain network will then be instantly linked to your MetaMask wallet.
Fuma Finance Past Price Analysis?
The current price of Fuma Finance is $0.024 according to the most recent data available, and FUMA is now ranked #6239 in the whole crypto industry. Fuma Finance has a circulating supply of 4,905,329.00 FUMA and a market capitalization of $123,324.
Fuma Finance’s price has dropped -5.35 % in the previous 24 hours, despite a rise in trading volume and market size.
Other cryptocurrencies are finding it difficult to accept Fuma Finance. In the last seven days, the price of Fuma Finance has dropped by 39.12 %.
For the last few days, the coin has been demonstrating risky framing segments; the coin may have excellent fundamentals, but we do not believe it will be a successful asset in the short term.
FUMA Price Prediction And Future Potential
Price Prediction for Fuma Finance in 2022
Fuma Finance’s price is expected to hit a minimum of $0.16 in 2022, according to a technical analysis of prior price data. With an average trading price of $0.16, the FUMA price may reach a maximum of $0.19.
Price Prediction for Fuma Finance in 2023
In 2023, the price of Fuma Finance is expected to reach a minimum of $0.23. Throughout 2023, the Fuma Finance price might reach a maximum of $0.28, with an average price of $0.24.
Price Prediction for Fuma Finance 2024-2025
According to the forecast price and technical analysis, the price of Fuma Finance will reach a minimum of $0.34 in 2024. With an average trading price of $0.35, the FUMA price may reach a maximum of $0.40.
In 2025, the price of one Fuma Finance is predicted to reach a minimum of $0.48. Throughout 2025, the FUMA price might reach a high of $0.58, with an average price of $0.49.
Price Prediction for Fuma Finance in 2026
The price of Fuma Finance is expected to drop to $0.69 in 2026, the lowest amount imaginable. According to our results, the FUMA price might hit a high of $0.82, with an average expected price of $0.71.
Price Prediction for Fuma Finance in 2027
According to our in-depth technical analysis of historical FUMA price data, the price of Fuma Finance is expected to be about $0.99 in 2027. Fuma Finance has the highest trading value of $1.19 and an average trading value of $1.02 in USD.
Price Prediction for Fuma Finance (FUMA) in 2028
In 2028, the price of Fuma Finance is expected to reach a minimum of $1.45. Throughout 2028, the Fuma Finance price might reach a high of $1.72, with an average market price of $1.49.
Price Prediction for Fuma Finance in 2029
Fuma Finance is anticipated to achieve a minimum price value of $1.98 in 2029, according to the projection and technical analysis. The FUMA price may go up to $2.49 at its highest point, with an average of $2.06.
Price Prediction for Fuma Finance (FUMA) in 2030
In 2030, Fuma Finance is expected to hit a low of $2.91. Throughout 2030, the Fuma Finance price might reach a top of $3.48, with an average trading price of $3.02.
Price Prediction for Fuma Finance in 2031
In 2031, the price of Fuma Finance is expected to drop to the lowest feasible amount of $4.48. According to our research, the FUMA price might reach a high of $5.14, with an average anticipated price of $4.60.
Fuma vs Other DeFi
Is it unique compared to other DeFi projects? Let’s look at AAVE, the most well-known DeFi on the market.
Because the AAVE model is based on pooled and lent Tokens, it’s an ideal model for investors. So, looking at both, Fuma is still the best choice since we will be holding the token for the time being, and because we will be using half of the money to complete a transaction, the value of the other half will improve, which will benefit the investors.
Fuma Finance will be one of the greatest DeFi as developers are hard at work making it. Is it worth investing in Fuma? Yes, but there are a lot of variables to consider because we don’t know what the future holds for all of us.
Final Thought
When one uses Fuma Tokens to conduct a transaction, five percent of the token supply is burnt, meaning five percent of the tokens are withdrawn and destroyed from the overall supply.
Sell, buy, swap, and transfer can be done in this transaction. The supply will be reduced, and the exciting truth is that there will be no reserve token or new token produced. The total supply of tokens is estimated to be around 5 million.
Article Source
https://www.fuma.finance. Accessed 16th of April 2022
https://coinmarketcap.com/currencies/fuma-finance
