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    Olympus v1

    OHM

    Rank #9419

    $68.13

    +0.16%
    24H Low$67.56
    $68.6224H High
    24H Volume
    $376.56
    All-Time High(ATH)
    $496.87
    All-Time Low(ATL)
    $5.99
    Market Cap
    $--
    Fully Diluted Valuation
    $18.98 M
    Market Cap/FDV
    Circulating Supply
    -- OHM
    Total Supply
    278651.81 OHM
    Max Supply
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Olympus v1 (OHM) Price Trends

    Time period
    Change amount
    % Change
    1H
    $-0.4156
    -0.61%
    24H
    $+0.1090
    +0.16%
    7D
    $-2.67
    -3.92%
    30D
    $-4.26
    -6.26%
    1Y
    $+13.95
    +20.47%

    Credibility Indicators

    65.90

    Reliability Score

    Rank #1

    # 2751

    Percentile

    TOP 20%

    Live Olympus v1 (OHM) Price Update

    Olympus v1 price today is $68.13 with a 24-hour trading volume of $376.56, and as such Olympus v1 has a market cap of $--, giving it a market dominance of 0.00066%. The Olympus v1 price moved 0.1600% in the last 24 hours.

    Olympus v1 reached its highest price on 2021-12-22 when it was trading at its all-time high of $496.87, while its lowest price was recorded on 2022-11-28 when it was trading at its all-time low of $5.99. The current lowest price since the last cycle high was $5.99, and the highest price since the last cycle low was $496.87. The social sentiment of Olympus v1 is currently Positive.

    The current circulating supply of Olympus v1 is $-- OHM. In terms of market cap, Olympus v1 is currently ranked 9419.

    About Olympus v1 (OHM)

    Olympus is an algorithmic currency protocol with the goal of becoming a stable crypto-native currency. Though sometimes called an algorithmic stablecoin, Olympus is more akin to a central bank since it uses reserve assets like DAI to manage its price. The goal is to achieve price stability while maintaining a floating market-driven price. The biggest difference between OHM and stablecoins like USDC is that OHM is backed but not pegged to a certain price. Technically, the price floor for OHM is 1 DAI, but practically a premium and the treasury value is added to the price. OHM differs from other algorithmic stablecoins like Ampleforth because it issues OHM to buy DAI and other assets and maintain a treasury. This mechanism is similar to FEI; the key difference is that FEI keeps a dollar peg, and Olympus allows its token to float.

    FAQs

    1. What determines the price movement of Olympus v1?

    There are two schools of thought in determining the price of Olympus v1.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Olympus v1, 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 Olympus v1 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 Olympus v1 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 Olympus v1 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 Olympus v1 and the cryptocurrency market as a whole.

    Olympus v1 Tokenomics

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    Olympus v1 Analysis

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