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    Cryptocurrencies Pylon Protocol
    USD
    $0.000269942 $ 0.000269942
    +¥5204,24 1% 1D
    1D 1M 1Y ALL
    Updated:
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    Market Cap (USD)
    589.3K
    24H Volume
    1.26K
    Circulating Supply
    2.18B MINE
    Max Supply
    10B MINE
    All Time High
    0.304235
    Rank
    2133

    About

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    Pylon Protocol FAQs

    • 1. What determines the price of Pylon Protocol?
      There are two schools of thought in determining the price of Pylon Protocol.

      By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Pylon 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 Pylon 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 Pylon 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 Pylon 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 Pylon Protocol and the cryptocurrency market as a whole.
    • 2. What is the highest price of Pylon Protocol in history?
      Pylon Protocol achieved the all-time high of $0.30 in 2021-10-15, and is currently trading at $0.00027.
    • 3. What is the lowest price of Pylon Protocol in history?
      In 2022-10-10, Pylon Protocol reached the all-time low of $0.00009.
    • 4. Should I buy Pylon Protocol now?
      It is important to remember that Pylon 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.

    Pylon Protocol News

    News
    Announcements
    Miners Dumps 16 000 ETH, ETC Fell by 43.1% a Week After the Ethereum Merge

    Miners Dumps 16 000 ETH, ETC Fell by 43.1% a Week After the Ethereum Merge

    [TL; DR] 🔹 Within a week after the Ethereum Merge, miners sold over 16 000 ETH. 🔹 Between September 12 and 19 the price of ETC decreased by over 43.1%. 🔹 Ravencoin and Ethereum classic (ETC) are some of the blockchains which use the proof-of-work consensus mechanism. 🔹 The i...
    Source: Gate.blog Posted: 2022-10-06
    Daily Flash | XRP Up X% Amid Imminent Ruling, NASDAQ Offers BTC And ETH Exposure To Whales, Chinese CBDC Expanded To Largest Province

    Daily Flash | XRP Up X% Amid Imminent Ruling, NASDAQ Offers BTC And ETH Exposure To Whales, Chinese CBDC Expanded To Largest Province

    On-Chain Analysis - :Glassnode Report As of this writing, Bitcoin (BTC) is changing hands at around $19,409, up 5.13% in the past 24 hours, while Ether (ETH) is trading at $1,361 or up 4.98% during the same period. Major Layer-1 Tokens are also trading in the green, with Cardano (ADA) up by 2....
    Source: Gate.blog Posted: 2022-09-21
    Factors that Determine the value of Bitcoin

    Factors that Determine the value of Bitcoin

    [TL; DR] Bitcoin does not have intrinsic value. User trust, decentralization, security, utility and scarcity are some of the factors that determine the value of Bitcoin. The greater fool theory says that market bubbles influence the value of cryptocurrencies like Bitcoin....
    Source: Gate.blog Posted: 2022-09-21
    Bitcoin Miners Sold More BTC than They Mined in July

    Bitcoin Miners Sold More BTC than They Mined in July

    [TL; DR] The top public bitcoin mining companies sold more BTC than they mined in July. In total, the companies mined 3,478 BTC but sold 5,767.9 BTC. In July the BTC hashrate increased by a smaller margin than the miners anticipated. The depressed BTC price resulted in the mining companies ge...
    Source: Gate.blog Posted: 2022-08-19
    Daily Flash | Colombia To Introduce CBDC, Miner Riot Reports $350M Impairment Charges, And Crypto Market Remains Sluggish Ahead of Wednesday FOMC Meeting

    Daily Flash | Colombia To Introduce CBDC, Miner Riot Reports $350M Impairment Charges, And Crypto Market Remains Sluggish Ahead of Wednesday FOMC Meeting

    Today's Headline - Riot Blockchain Q2 earnings dented by mining revenue slump, bitcoin impairment: bitcoin Magazine Report Riot, one of the largest publicly traded bitcoin miners, released its Q2 bitcoin mining and production update on Tuesday. Notably, Riot recorded $349.1 million in...
    Source: Gate.blog Posted: 2022-08-17
    EPIC GAMES RESPOND TO MINECRAFT BAN OF NFTs

    EPIC GAMES RESPOND TO MINECRAFT BAN OF NFTs

    Popular (Massive Multiplayer Online Game) MMO game Minecraft has recently banned NFT games and blockchain technologies from running on their platform due to the scarcity it creates, leading to an unequal gaming experience for players. Epic Games responds to this move by admitting that the company is...
    Source: Gate.blog Posted: 2022-08-09
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