MP3 Price

There are two schools of thought when it comes to determining the price of a cryptocurrency like MP3.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of MP3, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of MP3.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of MP3 on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of MP3.
Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for MP3 and the broader cryptocurrency market.

MP3 achieved the all-time high of $0.2441 in 2021-03-29, and is currently trading at $0.006768.

MP3 reached its all-time low of $0.00256 on 2022-06-18.

The current market cap of MP3 is --, as -- MP3 is trading at the price of $0.006768.

There are currently -- MP3 circulating in the market. These MP3 can be actively traded or used in the open market.

The maximum supply of MP3 is ∞ , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of MP3 is $182.74K. The FDV is calculated taking the assumption that all supply of MP3 is circulation, multiplied by its current price of $0.006768.

Using an algorithm to automatically identify historical data trends, this MP3 price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

MP3 offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that MP3 and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in MP3.

You can buy MP3 via Gate by following the steps on how to buy MP3 once you have funded your account.