What determines the price of Destablecoin HAY?

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

What is the highest price of Destablecoin HAY in history?

Destablecoin HAY achieved the all-time high of $2.00 in 2022-08-25, and is currently trading at $0.00000.

What is the lowest price of Destablecoin HAY in history?

In 2022-12-02, Destablecoin HAY reached the all-time low of $0.21.

Should I buy Destablecoin HAY now?

It is important to remember that Destablecoin HAY, 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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Cryptocurrencies Destablecoin HAY Destablecoin HAY

USD

Destablecoin HAY

HAY

USD

$ ≈ $

+￥5204,24 0% 1D

1D 1M 1Y ALL

Updated: 2023-01-28

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Market Cap (USD)	41.91M
24H Volume	164.45
Circulating Supply	41.92M HAY
Max Supply	1000M HAY
All Time High	2
Rank	476

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About Destablecoin HAY (HAY)

The trading volume of Destablecoin HAY (HAY) is $164.06 in the last 24 hours, representing a -32.30% decrease from one day ago and signalling a recent fall in market activity. The highest price paid for Destablecoin HAY (HAY) is $2.00 , which was recorded on Aug 25, 2022 (5 months). Comparatively, the current price is -50.1% lower than the all-time high price. The lowest price paid for Destablecoin HAY (HAY) is $0.208609 , which was recorded on Dec 02, 2022 (about 2 months). Comparatively, the current price is 378.6% higher than the all-time low price. Market capitalization of Destablecoin HAY (HAY) is $41,810,864 and is ranked #478 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of HAY tokens (42 Million tokens are tradable on the market today). The fully diluted valuation (FDV) of Destablecoin HAY (HAY) is $997,476,505 . This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion HAY tokens are in circulation today. Depending on how the emission schedule of HAY tokens are designed, it might take multiple years before FDV is realized. There are no votes on Destablecoin HAY (HAY) today. Be the first to vote and share this with your community.

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Destablecoin HAY FAQs

1. What determines the price of Destablecoin HAY?

There are two schools of thought in determining the price of Destablecoin HAY.

By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Destablecoin HAY, 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 Destablecoin HAY 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 Destablecoin HAY 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 Destablecoin HAY 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 Destablecoin HAY and the cryptocurrency market as a whole.
2. What is the highest price of Destablecoin HAY in history?

Destablecoin HAY achieved the all-time high of $2.00 in 2022-08-25, and is currently trading at $0.00000.
3. What is the lowest price of Destablecoin HAY in history?

In 2022-12-02, Destablecoin HAY reached the all-time low of $0.21.
4. Should I buy Destablecoin HAY now?

It is important to remember that Destablecoin HAY, 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.