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  2. Taraxa Price
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Taraxa

TARA

Rank #637
$ 0.01292
-3.58%
24H Low$0.01254
24H High$0.01415
24H Volume
876.42K
All-Time High(ATH)
$0.07045
All-Time Low(ATL)
$0.0005989
Market Cap
49.97M
Fully Diluted Valuation
134.32M
Market Cap/FDV
0.3720
Circulating Supply
3.87B TARA
Total Supply
10.41B TARA
Max Supply
Market Sentiment
--
* Data from 3rd parties

Taraxa (TARA) Price Trends

Time period
Change amount
% Change
1H
$ -0.00005819
-0.45%
24H
$ -0.0004621
-3.58%
7D
$ -0.0002101
-1.63%
14D
$ 0.002216
17.16%
30D
$ 0.004109
31.82%
1Y
$ 0.1129
874.26%

Live Taraxa (TARA) Price Update

Taraxa price today is $0.01292 with a 24-hour trading volume of 876.42K, and as such Taraxa has a market cap of 49.97M, giving it a market dominance of 0%. The Taraxa price moved -3.58% in the last 24 hours.

Taraxa reached its highest price on 2021-03-22 when it was trading at its all-time high of $0.07045, while its lowest price was recorded on 2022-12-24 when it was trading at its all-time low of $0.0005989. The current lowest price since the last cycle high was $0.0005989, and the highest price since the last cycle low was $0.07045. The social sentiment of Taraxa is currently Positive.

The current circulating supply of Taraxa is 3.87B TARA. In terms of market cap, Taraxa is currently ranked 637.

About Taraxa (TARA)

Taraxa is a fast and scalable Internet of things device friendly public ledger, which aims to improve the credibility, anonymity and value of the Internet of things ecosystem. The block DAG topology is adopted, and at the lowest coordination cost, combined with the fuzzy sharding technology and the VRF driven pbft consensus, to ensure the rapid and asynchronous final confirmation of the ledger. In addition, taraxa also created the first VM to execute concurrent processing, instead of following the common sequential execution mode in blockchain systems today. Taraxa hopes to solve the problem of device entity credibility by giving the device unique identity, verifiable data and message sources, and the ability of anonymous transactions. By providing all-round solutions, including decentralized key generation, storage and recovery mechanisms in the equipment manufacturing phase, and device level encryption authentication to ensure data sources and their non variability, services and transactions between devices in the Internet of things are finally realized.

FAQs

1. What determines the price movement of Taraxa?

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

Date
Market Cap
Volume
Open
Close
2024-02-27
$1.15M$48.01M$0.01238N/A
2024-02-26
$827.13K$41.49M$0.01069$0.01238
2024-02-25
$446.52K$43.96M$0.01135$0.01069
2024-02-24
$438.9K$43.78M$0.01144$0.01135
2024-02-23
$1.18M$45.18M$0.01166$0.01144
2024-02-22
$910.94K$49.69M$0.01281$0.01166
2024-02-21
$799.98K$53.04M$0.01376$0.01281
2024-02-20
$948.37K$56.59M$0.01466$0.01376