BFIC Surges Over 35% in 2 Days Following Exchange Listing Announcements; Price Could Still Double

Crypto asset BFICoin (BFIC) saw its token price spike over 35% in the past 2 days following back-to-back announcements that the asset will be listed on two major cryptocurrency exchanges—ProBit Global and MEXC.

ProBit Global Listing

Today, the official BFIC Twitter account @BFIC_io shared the news that the BFIC token will soon be listed on ProBit Global, a top-tier centralized exchange.

“We’re thrilled to announce our upcoming listing on ProBit Global, a top-tier exchange with massive reach and liquidity,” the tweet read. “This is a game-changer for BFICoin, opening doors to new community.”

MEXC Listing

A few days before that, major exchange MEXC confirmed they too will list BFIC for trading, sparking further enthusiasm.

The Innovation Factory, an official PR channel for BFICoin, announced:

“We’re thrilled to announce that the @BFIC_io Kickstarter has concluded and $BFIC will list on #MEXC!”

Price Could Still Double

Currently trading around $21 following the recent 13% pop, analysts believe BFIC still has ample room to run.

Crypto trader Shailesh Baranwal recently predicted BFIC could reach $40-50 in short order:

“Let’s Make it above 40-50$ Atlest!” he wrote on Twitter.

A move to $50 would signify over 100% upside from current levels. And with BFIC now trading on two additional high-profile exchanges after recently concluding its Kickstarter, more exposure and liquidity could propel major price appreciation ahead.

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New Investors Buying In

Cryptocurrency investors have responded enthusiastically to the listings, rushing to acquire BFIC while it remains undervalued according to analysts like Baranwal.

With exchange availability lowering barriers to purchase BFIC, new investors beyond just the core community now have easier access to owning the asset. This influx of new capital could be the catalyst that propels BFIC decisively above the $50 watermark Baranwal and others eye as a near-term possibility.

So while BFIC has already posted strong 13% gains this week, price action suggests much more vertical movement may still be in the cards given the positive fundamentals and technical setup. Traders and investors alike will be closely monitoring BFIC in the sessions ahead following its victorious debut on ProBit and MEXC.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.