$0.000002830
Time period | Change amount | % Change |
---|---|---|
1H | $-- | -6.13% |
24H | $-- | -2.76% |
7D | $-- | -23.97% |
30D | $-- | +5.29% |
1Y | $-- | -91.97% |
74.32
Reliability Score
Rank #1
# 1345
Percentile
TOP 10%
Nitro Network price today is $0.000002830 with a 24-hour trading volume of $364.39, and as such Nitro Network has a market cap of $20730.34, giving it a market dominance of 1.16%. The Nitro Network price moved -2.76% in the last 24 hours.
Nitro Network reached its highest price on 2022-12-22 when it was trading at its all-time high of $0.00007447, while its lowest price was recorded on 2024-04-06 when it was trading at its all-time low of $0.000001900. The current lowest price since the last cycle high was $0.000001900, and the highest price since the last cycle low was $0.00007447. The social sentiment of Nitro Network is currently Positive.
The current circulating supply of Nitro Network is $7.33 B NCASH. In terms of market cap, Nitro Network is currently ranked 5525.
There are two schools of thought in determining the price of Nitro Network.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Nitro Network, 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 Nitro Network 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 Nitro Network 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 Nitro Network as well.
Investors 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 Nitro Network and the cryptocurrency market as a whole.
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