The trading volume of Stargate Finance (STG) is $31,947,487.48 in the last 24 hours, representing a 132.00% increase from one day ago and signalling a recent rise in market activity. The highest price paid for Stargate Finance (STG) is $4.14 , which was recorded on Apr 02, 2022 (12 months). Comparatively, the current price is -82.10% lower than the all-time high price. The lowest price paid for Stargate Finance (STG) is $0.337788 , which was recorded on Aug 19, 2022 (8 months). Comparatively, the current price is 119.60% higher than the all-time low price. Market capitalization of Stargate Finance (STG) is $119,586,085 and is ranked #260 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of STG tokens (160 Million tokens are tradable on the market today). The fully diluted valuation (FDV) of Stargate Finance (STG) is $738,268,780 . This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion STG tokens are in circulation today. Depending on how the emission schedule of STG tokens are designed, it might take multiple years before FDV is realized. The community is bullish as more than 75% of users are feeling good about Stargate Finance (STG) today.
There are two schools of thought in determining the price of Stargate Finance.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Stargate 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 Stargate 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 Stargate 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 Stargate 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 Stargate Finance and the cryptocurrency market as a whole.
2. What is the highest price of Stargate Finance in history?
Stargate Finance achieved the all-time high of K14.53 in 2022-04-02, and is currently trading at K2.61.
3. What is the lowest price of Stargate Finance in history?
In 2022-08-19, Stargate Finance reached the all-time low of K1.19.
4. Should I buy Stargate Finance now?
It is important to remember that Stargate 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.