The trading volume of Mobox (MBOX) is $23,092,033.56 in the last 24 hours, representing a 219.91% increase from one day ago and signalling a recent rise in market activity. The highest price paid for Mobox (MBOX) is $15.44 , which was recorded on Dec 01, 2021 (about 1 year). Comparatively, the current price is -96.1% lower than the all-time high price. The lowest price paid for Mobox (MBOX) is $0.364409 , which was recorded on Dec 30, 2022 (about 1 month). Comparatively, the current price is 67.4% higher than the all-time low price. Market capitalization of Mobox (MBOX) is $105,088,592 and is ranked #272 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MBOX tokens (170 Million tokens are tradable on the market today). The fully diluted valuation (FDV) of Mobox (MBOX) is $607,992,420 . This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion MBOX tokens are in circulation today. Depending on how the emission schedule of MBOX tokens are designed, it might take multiple years before FDV is realized. The community is bullish as more than 80% of users are feeling good about Mobox (MBOX) today.
There are two schools of thought in determining the price of Mobox.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Mobox, 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 Mobox 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 Mobox 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 Mobox 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 Mobox and the cryptocurrency market as a whole.
2. What is the highest price of Mobox in history?
Mobox achieved the all-time high of RM65.58 in 2021-12-01, and is currently trading at RM2.53.
3. What is the lowest price of Mobox in history?
In 2022-12-30, Mobox reached the all-time low of RM1.55.
4. Should I buy Mobox now?
It is important to remember that Mobox, 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.