What is the highest price in history of chr currency?
- WBOYOriginal
- 2024-07-05 15:22:56623browse
CHR coin’s all-time high price was $1.46, which occurred on May 12, 2021. Price increase factors include platform adoption, demand for the Metaverse and market sentiment, while price decrease factors include market volatility, competitors and regulatory risk.
CHR coin’s highest price in history
CHR coin, also known as Chromia coin, is the native token of the Chromia blockchain platform. The platform is designed to simplify the development and deployment of decentralized applications (dApps).
CHR Coin’s all-time high price was on May 12, 2021, when it reached $1.46.
Factors for Rising Price of CHR Coin
Main factors for Rising CHR Coin Price include:
- Platform Adoption: The Chromia platform is popular among dApp developers due to its ease of use and scalability.
- Demand for Metaverse: Chromia’s commitment to building a Metaverse ecosystem has attracted investor interest.
- Market Sentiment: The cryptocurrency market is generally in a bullish trend in 2021, which has boosted the price of CHR Coin.
Factors for the fall in the price of CHR Coin
The factors for the fall in the price of CHR Coin include:
- Market Volatility: The cryptocurrency market is highly volatile, and the price of CHR Coin is also susceptible to market sentiment.
- Competitors: Chromia faces competitors in the dApp development space from FLOW and THETA.
- Regulatory Risk: Increased scrutiny of the cryptocurrency industry from regulatory agencies, which may lead to market uncertainty and impact the price of CHR Coin.
Time goes by, as of 16:00 on July 4, 2024, Chromia (CHR) is proudly moving forward at a price of $0.2390980556285. Active traders generated $19297099.228381 in trading volume for CHR over the past 24 hours, keeping the market buzzing with activity. CHR is showing a bit of weakness today, down 1.02825923% in the last 24 hours, but still maintaining stability.
Drilling down into Chromia’s underlying data, you’ll find that its circulating supply is 812434439.3262, while the maximum supply is limited to 978064789. The total supply is consistent with the circulation, both are 812434439.3262 CHR, and the total market value is currently US$194251494.76853. These numbers provide investors with a clear picture of the Chromia ecosystem, helping them make informed decisions.
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