The trading volume of Prism Protocol (PRISM) is $8,597.52 in the last 24 hours, representing a -6.70% decrease from one day ago and signalling a recent fall in market activity. The highest price paid for Prism Protocol (PRISM) is $1.06 , which was recorded on Mar 24, 2022 (about 1 year). Comparatively, the current price is -99.90% lower than the all-time high price. The lowest price paid for Prism Protocol (PRISM) is $0.000393392603 , which was recorded on Dec 22, 2022 (3 months). Comparatively, the current price is 84.20% higher than the all-time low price. Market capitalization of Prism Protocol (PRISM) is - and is ranked #N/A on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of PRISM tokens (0 tokens are tradable on the market today). The fully diluted valuation (FDV) of Prism Protocol (PRISM) is $727,816 . This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion PRISM tokens are in circulation today. Depending on how the emission schedule of PRISM tokens are designed, it might take multiple years before FDV is realized. There are no votes on Prism Protocol (PRISM) today. Be the first to vote and share this with your community.
There are two schools of thought in determining the price of Prism Protocol.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Prism Protocol, 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 Prism Protocol 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 Prism Protocol 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 Prism Protocol 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 Prism Protocol and the cryptocurrency market as a whole.
2. What is the highest price of Prism Protocol in history?
Prism Protocol achieved the all-time high of ₦487.35 in 2022-03-24, and is currently trading at ₦0.34.
3. What is the lowest price of Prism Protocol in history?
In 2022-12-22, Prism Protocol reached the all-time low of ₦0.18.
4. Should I buy Prism Protocol now?
It is important to remember that Prism Protocol, 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.