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    Cryptocurrencies Scalara NFT Index
    USD
    $4.26162 $ 4.26162
    +¥5204,24 -1.7% 1D
    1D 1M 1Y ALL
    Updated:
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    Market Cap (USD)
    644.41K
    24H Volume
    9.13
    Circulating Supply
    151.53K NFTI
    Max Supply
    --
    All Time High
    13.28
    Rank
    2101

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    • About Scalara NFT Index (NFTI)

      The 24 hour trading volume of Scalara NFT Index is $9.13. The all-time high price of Scalara NFT Index is $13.28 on Apr 02, 2022 (8 months). The all-time low price of Scalara NFT Index is $3.26 on Jun 18, 2022 (6 months). What is NFT wash trading? Read on to find out how and why people wash trade their NFTs.
      Expand

    Scalara NFT Index FAQs

    • 1. What determines the price of Scalara NFT Index?
      There are two schools of thought in determining the price of Scalara NFT Index.

      By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Scalara NFT Index, 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 Scalara NFT Index 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 Scalara NFT Index 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 Scalara NFT Index 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 Scalara NFT Index and the cryptocurrency market as a whole.
    • 2. What is the highest price of Scalara NFT Index in history?
      Scalara NFT Index achieved the all-time high of $13.28 in 2022-04-02, and is currently trading at $4.26.
    • 3. What is the lowest price of Scalara NFT Index in history?
      In 2022-06-18, Scalara NFT Index reached the all-time low of $3.26.
    • 4. Should I buy Scalara NFT Index now?
      It is important to remember that Scalara NFT Index, 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.

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