The trading volume of OpenAI ERC (OPENAI ERC) is $101,868.68 in the last 24 hours, representing a -62.01% decrease from one day ago and signalling a recent fall in market activity. The highest price paid for OpenAI ERC (OPENAI ERC) is $0.050434272621 , which was recorded on Dec 09, 2022 (about 2 months). Comparatively, the current price is -50.2% lower than the all-time high price. The lowest price paid for OpenAI ERC (OPENAI ERC) is $0.006685221208 , which was recorded on Dec 31, 2022 (29 days). Comparatively, the current price is 275.5% higher than the all-time low price. Market capitalization of OpenAI ERC (OPENAI ERC) is - and is ranked #N/A on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of OPENAI ERC tokens (0 tokens are tradable on the market today). The fully diluted valuation (FDV) of OpenAI ERC (OPENAI ERC) is $2,569,267 . This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million OPENAI ERC tokens are in circulation today. Depending on how the emission schedule of OPENAI ERC tokens are designed, it might take multiple years before FDV is realized. The community is bullish as more than 81% of users are feeling good about OpenAI ERC (OPENAI ERC) today.
There are two schools of thought in determining the price of OpenAI ERC.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of OpenAI ERC, 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 OpenAI ERC 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 OpenAI ERC 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 OpenAI ERC 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 OpenAI ERC and the cryptocurrency market as a whole.
2. What is the highest price of OpenAI ERC in history?
OpenAI ERC achieved the all-time high of $0.050 in 2022-12-09, and is currently trading at $0.028.
3. What is the lowest price of OpenAI ERC in history?
In 2022-12-31, OpenAI ERC reached the all-time low of $0.0067.
4. Should I buy OpenAI ERC now?
It is important to remember that OpenAI ERC, 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.