MerlinSwap Price MP

There are two schools of thought when it comes to determining the price of a cryptocurrency like MerlinSwap.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of MerlinSwap, 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 MerlinSwap.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of MerlinSwap 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 MerlinSwap.
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 MerlinSwap and the broader cryptocurrency market.

MerlinSwap achieved the all-time high of $0.009488 in 2024-04-08, and is currently trading at $0.0005761.

MerlinSwap reached its all-time low of $0.0004162 on 2024-09-17.

The current market cap of MerlinSwap is $1.79M, as 3.15B MP is trading at the price of $0.0005761.

There are currently 3.15B MP circulating in the market. These MerlinSwap can be actively traded or used in the open market.

The maximum supply of MP is 21.00B , 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 MerlinSwap is $11.93M. The FDV is calculated taking the assumption that all supply of MerlinSwap is circulation, multiplied by its current price of $0.0005761.

Using an algorithm to automatically identify historical data trends, this MerlinSwap 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.

MerlinSwap 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 MerlinSwap 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 MerlinSwap.

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