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Balancer

BAL

Rank #248
$ 4.18
-1.3%
24H Low$4.03
24H High$4.24
24H Volume
6.03M
All-Time High(ATH)
$74.45
All-Time Low(ATL)
$2.92
Market Cap
230.11M
Fully Diluted Valuation
257.98M
Market Cap/FDV
0.8920
Circulating Supply
55.16M BAL
Total Supply
61.84M BAL
Max Supply
96.15M BAL
Market Sentiment
--
* Data from 3rd parties

Balancer (BAL) Price Trends

Time period
Change amount
% Change
1H
$ 0.01710
0.41%
24H
$ -0.05428
-1.3%
7D
$ 0.2221
5.31%
14D
$ 0.5845
13.98%
30D
$ 0.4555
10.9%
1Y
$ -1.77
-42.39%

Live Balancer (BAL) Price Update

Balancer price today is $4.18 with a 24-hour trading volume of 6.03M, and as such Balancer has a market cap of 230.11M, giving it a market dominance of 0.01%. The Balancer price moved -1.3% in the last 24 hours.

Balancer reached its highest price on 2021-05-04 when it was trading at its all-time high of $74.45, while its lowest price was recorded on 2023-10-19 when it was trading at its all-time low of $2.92. The current lowest price since the last cycle high was $2.92, and the highest price since the last cycle low was $74.45. The social sentiment of Balancer is currently Positive.

The current circulating supply of Balancer is 55.16M BAL. In terms of market cap, Balancer is currently ranked 248.

About Balancer (BAL)

Balancer pool is an automated market making trading protocol with self balancing attributes, which can generate weighted portfolios and price sensors. Balancer subverts the concept of Index Fund: instead of paying the portfolio manager to rebalance your portfolio, it collects fees from traders who rebalance your portfolio and obtain more investment opportunities by following arbitrage opportunities.

FAQs

1. What determines the price movement of Balancer?

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

Date
Market Cap
Volume
Open
Close
2024-02-25
$22.01M$256.8M$4.65N/A
2024-02-24
$11.08M$241.63M$4.37$4.65
2024-02-23
$7.37M$235.43M$4.27$4.37
2024-02-22
$6.57M$230.99M$4.19$4.27
2024-02-21
$7.64M$234.93M$4.26$4.19
2024-02-20
$8.4M$235.98M$4.28$4.26
2024-02-19
$6.38M$230.16M$4.18$4.28