The trading volume of Simple Masternode Coin (SMNC) is $6.97 in the last 24 hours, representing a 60.30% increase from one day ago and signalling a recent rise in market activity. The highest price paid for Simple Masternode Coin (SMNC) is $25.20 , which was recorded on Nov 04, 2020 (over 2 years). Comparatively, the current price is -100.00% lower than the all-time high price. The lowest price paid for Simple Masternode Coin (SMNC) is $0.000040652751 , which was recorded on Mar 12, 2023 (9 days). Comparatively, the current price is 108.50% higher than the all-time low price. Market capitalization of Simple Masternode Coin (SMNC) is - and is ranked #N/A on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SMNC tokens (0 tokens are tradable on the market today). The community is bullish as more than 100% of users are feeling good about Simple Masternode Coin (SMNC) today.
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1. What determines the price of Simple Masternode Coin?
There are two schools of thought in determining the price of Simple Masternode Coin.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Simple Masternode Coin, 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 Simple Masternode Coin 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 Simple Masternode Coin 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 Simple Masternode Coin 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 Simple Masternode Coin and the cryptocurrency market as a whole.
2. What is the highest price of Simple Masternode Coin in history?
Simple Masternode Coin achieved the all-time high of Bs609.03 in , and is currently trading at Bs0.0020.
3. What is the lowest price of Simple Masternode Coin in history?
In 2023-03-12, Simple Masternode Coin reached the all-time low of Bs0.00098.
4. Should I buy Simple Masternode Coin now?
It is important to remember that Simple Masternode Coin, 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.