The trading volume of HELLO (HELLO) is $61,917.62 in the last 24 hours, representing a -68.79% decrease from one day ago and signalling a recent fall in market activity. The highest price paid for HELLO (HELLO) is $0.018836992681 , which was recorded on Oct 20, 2022 (3 months). Comparatively, the current price is -61.2% lower than the all-time high price. The lowest price paid for HELLO (HELLO) is $0.004348783029 , which was recorded on Dec 23, 2022 (about 1 month). Comparatively, the current price is 68.0% higher than the all-time low price. Market capitalization of HELLO (HELLO) is $3,881,517 and is ranked #1297 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of HELLO tokens (530 Million tokens are tradable on the market today). The fully diluted valuation (FDV) of HELLO (HELLO) is $7,305,628 . This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion HELLO tokens are in circulation today. Depending on how the emission schedule of HELLO tokens are designed, it might take multiple years before FDV is realized. The community is bullish as more than 85% of users are feeling good about HELLO (HELLO) today.
There are two schools of thought in determining the price of HELLO.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of HELLO, 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 HELLO 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 HELLO 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 HELLO 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 HELLO and the cryptocurrency market as a whole.
2. What is the highest price of HELLO in history?
HELLO achieved the all-time high of €0.017 in 2022-10-20, and is currently trading at €0.0068.
3. What is the lowest price of HELLO in history?
In 2022-12-23, HELLO reached the all-time low of €0.0040.
4. Should I buy HELLO now?
It is important to remember that HELLO, 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.