$0.004224
Time period | Change amount | % Change |
---|---|---|
1H | $-- | +0.78% |
24H | $-- | +1.21% |
7D | $-- | -19.86% |
30D | $-0.01000 | -58.79% |
1Y | $-0.01000 | -59.4% |
58.75
Reliability Score
Rank #1
# 4655
Percentile
TOP 35%
Iridium price today is $0.004224 with a 24-hour trading volume of $51.43, and as such Iridium has a market cap of $101945, giving it a market dominance of 3.79%. The Iridium price moved 1.21% in the last 24 hours.
Iridium reached its highest price on 2021-10-11 when it was trading at its all-time high of $0.1312, while its lowest price was recorded on 2021-01-27 when it was trading at its all-time low of $0.0003166. The current lowest price since the last cycle high was $0.0003166, and the highest price since the last cycle low was $0.1312. The social sentiment of Iridium is currently Positive.
The current circulating supply of Iridium is $24.13 M IRD. In terms of market cap, Iridium is currently ranked 3686.
There are two schools of thought in determining the price of Iridium.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Iridium, 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 Iridium 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 Iridium 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 Iridium 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 Iridium and the cryptocurrency market as a whole.
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