The trading volume of Image Generation AI (IMGNAI) is $190,831.66 in the last 24 hours, representing a 253.10% increase from one day ago and signalling a recent rise in market activity. The highest price paid for Image Generation AI (IMGNAI) is $0.055111312833 , which was recorded on Feb 02, 2023 (about 2 months). Comparatively, the current price is -82.00% lower than the all-time high price. The lowest price paid for Image Generation AI (IMGNAI) is $0.000439883694 , which was recorded on Jan 06, 2023 (3 months). Comparatively, the current price is 2,151.60% higher than the all-time low price. Market capitalization of Image Generation AI (IMGNAI) is - and is ranked #N/A on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of IMGNAI tokens (0 tokens are tradable on the market today). The fully diluted valuation (FDV) of Image Generation AI (IMGNAI) is $9,911,486 . This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion IMGNAI tokens are in circulation today. Depending on how the emission schedule of IMGNAI tokens are designed, it might take multiple years before FDV is realized. The community is bearish as more than 60% of users are feeling bad about Image Generation AI (IMGNAI) today.
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1. What determines the price of Image Generation AI?
There are two schools of thought in determining the price of Image Generation AI.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Image Generation AI, 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 Image Generation AI 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 Image Generation AI 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 Image Generation AI 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 Image Generation AI and the cryptocurrency market as a whole.
2. What is the highest price of Image Generation AI in history?
Image Generation AI achieved the all-time high of $0.055 in 2023-02-02, and is currently trading at $0.0099.
3. What is the lowest price of Image Generation AI in history?
In 2023-01-06, Image Generation AI reached the all-time low of $0.00044.
4. Should I buy Image Generation AI now?
It is important to remember that Image Generation AI, 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.