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    Enzyme

    MLN

    Rank #1020

    $20.86

    -7.068%
    24H Low$20.78
    $23.4724H High
    24H Volume
    $15.67 M
    All-Time High(ATH)
    $258.26
    All-Time Low(ATL)
    $1.79
    Market Cap
    $30.83 M
    Fully Diluted Valuation
    $56.59 M
    Market Cap/FDV
    54.47%
    Circulating Supply
    1.45 M MLN
    Total Supply
    2.67 M MLN
    Max Supply
    2.67 M MLN
    Market Sentiment
    Positive
    * Data from 3rd parties

    Enzyme (MLN) Price Trends

    Time period
    Change amount
    % Change
    1H
    $+0.4047
    +1.94%
    24H
    $-1.47
    -7.07%
    7D
    $-2.58
    -12.35%
    30D
    $+3.52
    +16.87%
    1Y
    $-1.93
    -9.27%

    Credibility Indicators

    78.13

    Reliability Score

    Rank #1

    # 869

    Percentile

    TOP 5%

    Team Members

    Reto Trinkler

    Reto Trinkler

    Mona El Isa

    Mona El Isa

    Investors

    KR1

    KR1

    Live Enzyme (MLN) Price Update

    Enzyme price today is $20.86 with a 24-hour trading volume of $15.67 M, and as such Enzyme has a market cap of $30.83 M, giving it a market dominance of 0.0021%. The Enzyme price moved -7.07% in the last 24 hours.

    Enzyme reached its highest price on 2018-01-04 when it was trading at its all-time high of $258.26, while its lowest price was recorded on 2020-03-13 when it was trading at its all-time low of $1.79. The current lowest price since the last cycle high was $1.79, and the highest price since the last cycle low was $258.26. The social sentiment of Enzyme is currently Positive.

    The current circulating supply of Enzyme is $1.45 M MLN. In terms of market cap, Enzyme is currently ranked 1020.

    About Enzyme (MLN)

    Mln is an Ethereum token that supports enzyme (formerly known as the melon protocol), which is designed to facilitate the management of on chain assets in the defi ecosystem. Mln allows users to build, share and explore defi investment strategies (called "vaults") while filtering by historical performance and risk profile. Mln is used to pay for various functions throughout the Treasury creation process and investment life cycle. The mln token is a utility token that energizes the ecosystem and aligns stakeholders. The token has two purposes: the user pays for the use of mln tokens. Developers or external contributors can obtain mln tokens by submitting grants.

    FAQs

    1. What determines the price movement of Enzyme?

    There are two schools of thought in determining the price of Enzyme.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Enzyme, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Enzyme from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Enzyme on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Enzyme as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Enzyme and the cryptocurrency market as a whole.

    Enzyme Tokenomics

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    Enzyme Analysis

    Date
    Market Cap
    Volume
    Open
    Close
    2024-03-19
    $31.43 M
    48.24 MLN
    $21.61
    N/A
    2024-03-18
    $32.8 M
    41.88 MLN
    $22.56
    $21.61
    2024-03-17
    $31.82 M
    53.35 MLN
    $21.89
    $22.56
    2024-03-16
    $34.38 M
    49.89 MLN
    $23.65
    $21.89
    2024-03-15
    $37.33 M
    36.13 MLN
    $25.67
    $23.65
    2024-03-14
    $38.05 M
    42.43 MLN
    $26.17
    $25.67
    2024-03-13
    $38.12 M
    84.12 MLN
    $26.22
    $26.17
    2024-03-12
    $35.8 M
    48.27 MLN
    $24.62
    $26.22