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    Cryptocurrencies Bankless DeFi Innovation Index
    USD
    $10.5286 $ 10.5286
    +¥5204,24 -15.3% 1D
    1D 1M 1Y ALL
    Updated:
    LOADING DATA
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    Market Cap (USD)
    235.16K
    24H Volume
    104.81
    Circulating Supply
    22.43K GMI
    Max Supply
    --
    All Time High
    133.4
    Rank
    2665

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    • About Bankless DeFi Innovation Index (GMI)

      The 24 hour trading volume of Bankless DeFi Innovation Index is $105.52. The all-time high price of Bankless DeFi Innovation Index is $133.40 on Jan 05, 2022 (11 months). The all-time low price of Bankless DeFi Innovation Index is $9.61 on Nov 28, 2022 (4 days). What is NFT wash trading? Read on to find out how and why people wash trade their NFTs.
      Expand

    Bankless DeFi Innovation Index FAQs

    • 1. What determines the price of Bankless DeFi Innovation Index?
      There are two schools of thought in determining the price of Bankless DeFi Innovation Index.

      By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Bankless DeFi Innovation Index, 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 Bankless DeFi Innovation Index 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 Bankless DeFi Innovation Index 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 Bankless DeFi Innovation Index as well.

      HODLers 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 Bankless DeFi Innovation Index and the cryptocurrency market as a whole.
    • 2. What is the highest price of Bankless DeFi Innovation Index in history?
      Bankless DeFi Innovation Index achieved the all-time high of $133.40 in 2022-01-05, and is currently trading at $10.53.
    • 3. What is the lowest price of Bankless DeFi Innovation Index in history?
      In 2022-06-18, Bankless DeFi Innovation Index reached the all-time low of $9.61.
    • 4. Should I buy Bankless DeFi Innovation Index now?
      It is important to remember that Bankless DeFi Innovation Index, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.

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