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    Cryptocurrencies Mugen Finance
    USD
    $122.745 $ 122.745
    +¥5204,24 -4.8% 1D
    1D 1M 1Y ALL
    Updated:
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    Market Cap (USD)
    --
    24H Volume
    250.13K
    Circulating Supply
    --
    Max Supply
    --
    All Time High
    144.3
    Rank
    --

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    • About Mugen Finance (MGN)

      The 24 hour trading volume of Mugen Finance is $223,890. The all-time high price of Mugen Finance is $144.30 on Nov 29, 2022 (1 day). The all-time low price of Mugen Finance is $11.40 on Oct 14, 2022 (about 2 months). The VERSE token is issued by Bitcoin.com as the utility token for its decentralized application and cryptocurrency media ecosystem.
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    Mugen Finance FAQs

    • 1. What determines the price of Mugen Finance?
      There are two schools of thought in determining the price of Mugen Finance.

      By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Mugen Finance, 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 Mugen Finance 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 Mugen Finance 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 Mugen Finance 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 Mugen Finance and the cryptocurrency market as a whole.
    • 2. What is the highest price of Mugen Finance in history?
      Mugen Finance achieved the all-time high of $144.30 in 2022-09-21, and is currently trading at $122.75.
    • 3. What is the lowest price of Mugen Finance in history?
      In 2022-10-14, Mugen Finance reached the all-time low of $11.40.
    • 4. Should I buy Mugen Finance now?
      It is important to remember that Mugen Finance, 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.

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