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    $1.05505 $ 1.05505
    +¥5204,24 -0.7% 1D
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    • About USDEX (USDEX)

      The 24 hour trading volume of USDEX is $7,452.79. The all-time high price of USDEX is $1.59 on Jul 05, 2022 (5 months). The all-time low price of USDEX is $0.811583 on Nov 12, 2022 (23 days). What is NFT wash trading? Read on to find out how and why people wash trade their NFTs.


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

      By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of USDEX, 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 USDEX 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 USDEX 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 USDEX 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 USDEX and the cryptocurrency market as a whole.
    • 2. What is the highest price of USDEX in history?
      USDEX achieved the all-time high of $1.59 in 2022-07-05, and is currently trading at $1.06.
    • 3. What is the lowest price of USDEX in history?
      In 2022-10-01, USDEX reached the all-time low of $0.81.
    • 4. Should I buy USDEX now?
      It is important to remember that USDEX, 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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