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    Echidna

    ECD

    Rank #4321

    $0.0004966

    +0.011%
    24H Low$0.0004965
    $0.000496624H High
    24H Volume
    $4.4
    All-Time High(ATH)
    $0.2078
    All-Time Low(ATL)
    $0.0002301
    Market Cap
    $5707.79
    Fully Diluted Valuation
    $168222
    Market Cap/FDV
    3.39%
    Circulating Supply
    11.49 M ECD
    Total Supply
    338.75 M ECD
    Max Supply
    500 M ECD
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Echidna (ECD) Price Trends

    Time period
    Change amount
    % Change
    1H
    $--
    -0.28%
    24H
    $--
    +0.011%
    7D
    $--
    -2.73%
    30D
    $--
    -7.98%
    1Y
    $--
    -71.77%

    Credibility Indicators

    54.17

    Reliability Score

    Rank #1

    # 5645

    Percentile

    TOP 45%

    Live Echidna (ECD) Price Update

    Echidna price today is $0.0004966 with a 24-hour trading volume of $4.4, and as such Echidna has a market cap of $5707.79, giving it a market dominance of 5.85%. The Echidna price moved 0.01100% in the last 24 hours.

    Echidna reached its highest price on 2022-03-01 when it was trading at its all-time high of $0.2078, while its lowest price was recorded on 2023-10-12 when it was trading at its all-time low of $0.0002301. The current lowest price since the last cycle high was $0.0002301, and the highest price since the last cycle low was $0.2078. The social sentiment of Echidna is currently Positive.

    The current circulating supply of Echidna is $11.49 M ECD. In terms of market cap, Echidna is currently ranked 4321.

    About Echidna (ECD)

    Echidna Finance is the ultimate yield boosting protocol for Platypus Finance, Avalanche's native stableswap. We aggregate the Platypus token (PTP) from the community to build a vePTP (voting escrow PTP) treasury that anyone can leverage to boost their stablecoin yields. PTP contributors are rewarded with extra liquidity and income via our native ECD token. As a yield booster, Echidna emulates the simplicity and innovation that made Platypus Finance successful. We simplify and amplify yield farming on Platypus with: + Straightforward liquidity mining rewards distribution + PTP Flywheel tokenomics that are non-dilutive + Intuitive UI and quality of life upgrades The ECD token will give holders voting power over Platypus' voting gauge, similar to how CVX functions with CRV. Once Platypus voting gauges are enabled, Echidna will integrate voting power monetization into the dApp so that users can generate more income from our token.

    FAQs

    1. What determines the price movement of Echidna?

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

    Echidna Tokenomics

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    Echidna Analysis

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