The trading volume of Musk Doge (MKD) is $0.017947958668 in the last 24 hours, representing a -0.20% decrease from one day ago and signalling a recent fall in market activity. The highest price paid for Musk Doge (MKD) is $0.000065612208 , which was recorded on Feb 03, 2022 (about 1 year). Comparatively, the current price is - lower than the all-time high price. The lowest price paid for Musk Doge (MKD) is $0.000000018704 , which was recorded on Nov 13, 2022 (4 months). Comparatively, the current price is - higher than the all-time low price. Market capitalization of Musk Doge (MKD) is - and is ranked #N/A on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MKD tokens (0 tokens are tradable on the market today). The fully diluted valuation (FDV) of Musk Doge (MKD) is $1,543.01 . This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Billion MKD tokens are in circulation today. Depending on how the emission schedule of MKD tokens are designed, it might take multiple years before FDV is realized. There are no votes on Musk Doge (MKD) today. Be the first to vote and share this with your community.
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There are two schools of thought in determining the price of Musk Doge.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Musk Doge, 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 Musk Doge 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 Musk Doge 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 Musk Doge 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 Musk Doge and the cryptocurrency market as a whole.
2. What is the highest price of Musk Doge in history?
Musk Doge achieved the all-time high of R$0.00031 in 2022-02-03, and is currently trading at R$0.00000.
3. What is the lowest price of Musk Doge in history?
In 2022-08-06, Musk Doge reached the all-time low of R$0.00000.
4. Should I buy Musk Doge now?
It is important to remember that Musk Doge, 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.