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    Cryptocurrencies Rake Finance
    $3.50938 $ 3.50938
    +¥5204,24 4.9% 1D
    1D 1M 1Y ALL
    No data
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    • About Rake Finance (RAK)

      The 24 hour trading volume of Rake Finance is $45,827.78. The all-time high price of Rake Finance is $331.02 on Dec 14, 2020 (almost 2 years). The all-time low price of Rake Finance is $3.30 on Nov 28, 2022 (4 days). What is NFT wash trading? Read on to find out how and why people wash trade their NFTs.

    Rake Finance FAQs

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

      By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Rake Finance, 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 Rake Finance 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 Rake Finance 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 Rake Finance 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 Rake Finance and the cryptocurrency market as a whole.
    • 2. What is the highest price of Rake Finance in history?
      Rake Finance achieved the all-time high of $331.02 in 2020-12-14, and is currently trading at $3.51.
    • 3. What is the lowest price of Rake Finance in history?
      In 2022-10-29, Rake Finance reached the all-time low of $3.30.
    • 4. Should I buy Rake Finance now?
      It is important to remember that Rake Finance, 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.

    Rake Finance Calculator

    Rake Finance RAK
    1 RAK≈ $ 3.50938
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