$0.09099
Time period | Change amount | % Change |
---|---|---|
1H | $-- | -0.041% |
24H | $+0.01000 | +11.33% |
7D | $-- | +3.53% |
30D | $+0.02000 | +23.05% |
1Y | $-0.1000 | -51.37% |
52.40
Reliability Score
Rank #1
# 6514
Percentile
TOP 50%
Mars Protocol price today is $0.09099 with a 24-hour trading volume of $15744.5, and as such Mars Protocol has a market cap of $20.5 M, giving it a market dominance of 0.0034%. The Mars Protocol price moved 11.33% in the last 24 hours.
Mars Protocol reached its highest price on 2023-02-07 when it was trading at its all-time high of $0.5128, while its lowest price was recorded on 2023-09-08 when it was trading at its all-time low of $0.03214. The current lowest price since the last cycle high was $0.03214, and the highest price since the last cycle low was $0.5128. The social sentiment of Mars Protocol is currently Positive.
The current circulating supply of Mars Protocol is $225.31 M MARS. In terms of market cap, Mars Protocol is currently ranked 1225.
There are two schools of thought in determining the price of Mars Protocol.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Mars Protocol, 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 Mars Protocol 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 Mars Protocol 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 Mars Protocol 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 Mars Protocol and the cryptocurrency market as a whole.
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MarsDAO is a Web3-community of users of educational, infrastructure and decentralized products with deflationary mechanisms, based on its native MDAO token.
Gate.io hosted an AMA(Ask-Me-Anything)session with the CEO of SafeMars, Kenneth in the Twitter Space
Date | Market Cap | Volume | Open | Close |
---|---|---|---|---|
2024-04-29 | $212.19 M | 18565.29 MARS | $0.1076 | N/A |
2024-04-28 | $212.14 M | 38271.41 MARS | $0.1043 | $0.1076 |
2024-04-27 | $212.32 M | 20251.15 MARS | $0.09394 | $0.1043 |