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    Snowbank

    SB

    Rank #1028

    $219.99

    +0.56%
    24H Low$216.94
    $224.6324H High
    24H Volume
    $3346.94
    All-Time High(ATH)
    $8356.8
    All-Time Low(ATL)
    $138.86
    Market Cap
    $35.11 M
    Fully Diluted Valuation
    $35.11 M
    Market Cap/FDV
    100%
    Circulating Supply
    159640 SB
    Total Supply
    159640.03 SB
    Max Supply
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Snowbank (SB) Price Trends

    Time period
    Change amount
    % Change
    1H
    $+1.18
    +0.54%
    24H
    $+1.23
    +0.56%
    7D
    $-26.36
    -10.7%
    30D
    $-4.1
    -1.83%
    1Y
    $-2.85
    -1.28%

    Credibility Indicators

    52.01

    Reliability Score

    Rank #1

    # 6308

    Percentile

    TOP 50%

    Live Snowbank (SB) Price Update

    Snowbank price today is $219.99 with a 24-hour trading volume of $3346.94, and as such Snowbank has a market cap of $35.11 M, giving it a market dominance of 0.0012%. The Snowbank price moved 0.5600% in the last 24 hours.

    Snowbank reached its highest price on 2021-11-08 when it was trading at its all-time high of $8356.8, while its lowest price was recorded on 2022-01-23 when it was trading at its all-time low of $138.86. The current lowest price since the last cycle high was $138.86, and the highest price since the last cycle low was $8356.8. The social sentiment of Snowbank is currently Positive.

    The current circulating supply of Snowbank is $159640 SB. In terms of market cap, Snowbank is currently ranked 1028.

    About Snowbank (SB)

    Snowbank DAO is the decentralized reserve currency protocol available on the Avalanche Network based on the SB token. Each SB token is backed by a basket of assets (e.g., MIM, SB-AVAX LP Tokens etc etc) in the Snowbank DAO treasury, giving it an intrinsic value that it cannot fall below. Snowbank DAO also introduces economic and game-theoretic dynamics into the market through staking and minting.

    FAQs

    1. What determines the price movement of Snowbank?

    There are two schools of thought in determining the price of Snowbank.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Snowbank, 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 Snowbank 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 Snowbank 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 Snowbank 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 Snowbank and the cryptocurrency market as a whole.

    Snowbank Tokenomics

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    Snowbank Analysis

    Snowbank (SB) News

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