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SALT

SALT

Rank #2559

$0.01801

+4.33%
24H Low$0.01798
$0.0193524H High
24H Volume
$27849
All-Time High(ATH)
$17.22
All-Time Low(ATL)
$0.01657
Market Cap
$1.67 M
Fully Diluted Valuation
$2.3 M
Market Cap/FDV
72.9%
Circulating Supply
87.48 M SALT
Total Supply
120 M SALT
Max Supply
Market Sentiment
Neutral
* Data from 3rd parties

SALT (SALT) Price Trends

Time period
Change amount
% Change
1H
$--
+0.35%
24H
$--
+4.33%
7D
$--
-0.37%
30D
$-0.01000
-23.64%
1Y
$-0.01000
-42.67%

Live SALT (SALT) Price Update

SALT price today is $0.01801 with a 24-hour trading volume of $27849, and as such SALT has a market cap of $1.67 M, giving it a market dominance of 7.44%. The SALT price moved 4.33% in the last 24 hours.

SALT reached its highest price on 2017-12-28 when it was trading at its all-time high of $17.22, while its lowest price was recorded on 2024-03-22 when it was trading at its all-time low of $0.01657. The current lowest price since the last cycle high was $0.01657, and the highest price since the last cycle low was $17.22. The social sentiment of SALT is currently Positive.

The current circulating supply of SALT is $87.48 M SALT. In terms of market cap, SALT is currently ranked 2559.

About SALT (SALT)

Salt is a credit system that can use blockchain asset mortgage to obtain cash loans. On the salt platform, users can use their digital currency as collateral to obtain loans. The application process is simplified by focusing on the value of the borrower's blockchain assets rather than credit scores, and the borrower is automatically matched with the huge network of lending institutions. Users do not need to sell digital currency assets to complete borrowing and lending. Salt has always been positioned to provide a blockchain asset mortgage lending platform based on blockchain technology. Users mortgage their blockchain assets such as bitcoin and Ethereum to obtain legal currency loans. On the salt system, users need to obtain salt tokens to participate in the platform and obtain loans. The more SOM tokens users spend each year, they can get more loans. With the salt platform, users can obtain liquidity from their cryptocurrency holdings without selling like other traditional asset classes (such as stocks, bonds, real estate and commodities). Salt loans are entirely collateral, which means that the borrower's credit history is irrelevant. The collateral of any user has the same value as any other person on the platform, regardless of the credit score of each user.

FAQs

1. What determines the price movement of SALT ?

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

SALT Tokenomics

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SALT Analysis

Date
Market Cap
Volume
Open
Close
2024-03-28
$1.61 M
57343.33 SALT
$0.01841
N/A
2024-03-27
$1.66 M
56357.58 SALT
$0.01901
$0.01841
2024-03-26
$1.76 M
59317.66 SALT
$0.02007
$0.01901
2024-03-25
$1.63 M
55840.91 SALT
$0.01861
$0.02007
2024-03-24
$1.57 M
-- SALT
$0.01790
$0.01861
2024-03-23
$1.48 M
71732.65 SALT
$0.01688
$0.01790
2024-03-22
$1.7 M
57788.91 SALT
$0.01948
$0.01688
2024-03-21
$1.76 M
194065.74 SALT
$0.02016
$0.01948