The trading volume of MonoX (MONO) is $768,922.08 in the last 24 hours, representing a -7.50% decrease from one day ago and signalling a recent fall in market activity. The highest price paid for MonoX (MONO) is $7.48 , which was recorded on Nov 26, 2021 (over 1 year). Comparatively, the current price is -99.20% lower than the all-time high price. The lowest price paid for MonoX (MONO) is $0.025109438222 , which was recorded on Mar 09, 2023 (3 months). Comparatively, the current price is 140.50% higher than the all-time low price. Market capitalization of MonoX (MONO) is - and is ranked #N/A on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MONO tokens (0 tokens are tradable on the market today). The community is bullish as more than 100% of users are feeling good about MonoX (MONO) today.
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There are two schools of thought in determining the price of MonoX.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of MonoX, 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 MonoX 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 MonoX 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 MonoX 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 MonoX and the cryptocurrency market as a whole.
2. What is the highest price of MonoX in history?
MonoX achieved the all-time high of $7.48 in 2021-11-26, and is currently trading at $0.057.
3. What is the lowest price of MonoX in history?
In 2023-03-09, MonoX reached the all-time low of $0.025.
4. Should I buy MonoX now?
It is important to remember that MonoX, 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.