The trading volume of Marvellex Classic (MLXC) is $436,602.60 in the last 24 hours, representing a 19.80% increase from one day ago and signalling a recent rise in market activity. The highest price paid for Marvellex Classic (MLXC) is $0.644221 , which was recorded on Apr 04, 2023 (about 2 months). Comparatively, the current price is -76.10% lower than the all-time high price. The lowest price paid for Marvellex Classic (MLXC) is $0.094844463369 , which was recorded on Mar 24, 2023 (about 2 months). Comparatively, the current price is 62.30% higher than the all-time low price. Market capitalization of Marvellex Classic (MLXC) is - and is ranked #N/A on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MLXC tokens (0 tokens are tradable on the market today). The fully diluted valuation (FDV) of Marvellex Classic (MLXC) is $107,878,112,648 . This is a statistical representation of the maximum market cap, assuming the maximum number of 700 Billion MLXC tokens are in circulation today. Depending on how the emission schedule of MLXC tokens are designed, it might take multiple years before FDV is realized. There are no votes on Marvellex Classic (MLXC) today. Be the first to vote and share this with your community.
1. What determines the price of Marvellex Classic?
There are two schools of thought in determining the price of Marvellex Classic.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Marvellex Classic, 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 Marvellex Classic 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 Marvellex Classic 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 Marvellex Classic 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 Marvellex Classic and the cryptocurrency market as a whole.
2. What is the highest price of Marvellex Classic in history?
Marvellex Classic achieved the all-time high of $0.64 in 2023-04-04, and is currently trading at $0.094.
3. What is the lowest price of Marvellex Classic in history?
In 2023-06-04, Marvellex Classic reached the all-time low of $0.090.
4. Should I buy Marvellex Classic now?
It is important to remember that Marvellex Classic, 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.