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Historical Price Trends of SuperVerse Coin

Jennifer Aniston
Jennifer AnistonOriginal
2024-10-12 09:02:01282browse

The SuperVerse coin has experienced major price movements from $0.10 at launch to its current price of $0.06. Its price is affected by factors such as cryptocurrency market trends, SuperVerse ecosystem development and market sentiment. Future price movements are difficult to predict, but continued ecosystem development and market share growth may boost prices, while falling cryptocurrency markets and increased competition may cause prices to fall.

Historical Price Trends of SuperVerse Coin

Historical Price Trend of SuperVerse Coin

SuperVerse Coin is a cryptocurrency based on blockchain technology that was launched in 2021 Launched in 2017, it aims to build a metaverse ecosystem that integrates gaming, social and financial elements.

Major Price Movements

SuperVerse Coin has experienced the following major price movements since its launch:

  • December 2021 to March 2022: As the overall cryptocurrency market soared, the SuperVerse coin increased significantly in value, reaching an all-time high of approximately $0.10.
  • March-June 2022: The cryptocurrency market plummeted, and the SuperVerse coin was also affected, with the price falling to approximately $0.03.
  • July to November 2022: Price fluctuated within a narrow range between $0.03 and $0.05.
  • December 2022 to February 2023: As the cryptocurrency market recovers, the SuperVerse coin price rebounded slightly and is currently hovering around $0.06.

Factors affecting price movement

The price movement of SuperVerse coin is affected by the following factors:

  • Crypto Overall currency market trend: The rise and fall of the cryptocurrency market has a greater impact on the price of SuperVerse coins.
  • SuperVerse Ecosystem Development: SuperVerse project developments and updates, such as the release of games or the establishment of partnerships, can boost its price.
  • Market Sentiment: Investors’ optimism and confidence in the SuperVerse project can drive prices up, while negative sentiment can push prices down.
  • Competition: Competition with other Metaverse projects will also affect the price of SuperVerse coins.

Future Price Prediction

The future price trend of SuperVerse coins is difficult to predict as it depends on many factors. However, if the SuperVerse ecosystem continues to grow and gain market share, its price will likely continue to rise. On the other hand, if the cryptocurrency market overall declines or competition increases, its price may decline.

SuperVerse (SUPER) Current Price Increase

SuperVerse (SUPER) is currently trading at $1.12 with a 24-hour trading volume of $265,966,370.02. The coin has gained 2.43% in the past 24 hours.

Reasons for price changes

The recent price increase is attributed to the following factors:

  • Improvement in market sentiment: Overall sentiment in the cryptocurrency market has improved, driving SUPER higher.
  • Increased demand for utility tokens: SUPER As the native token in the SuperVerse ecosystem, increased demand for the platform has driven its price.

Future Price Trend Analysis

SuperVerse has strong fundamentals and provides valuable utilities through its Metaverse project. Prices are expected to continue to rise in the future as the project continues to grow and gain user adoption.

Action Recommendations

  • For long-term investors, this is a good opportunity to buy on dips as the long-term outlook for the coin is optimistic.
  • Short-term traders can choose from sell-on-highs and buy-on-dip strategies.

Short-term trend forecast

In the short term, SUPER is expected to continue to fluctuate with the market trend. However, if market sentiment remains positive, prices are expected to touch higher levels in the near term.

Indicator

  • Price: $1.12
  • 24-hour trading volume: $265,966,370.02
  • Circulation volume: 487,976,093.41692 SUPER
  • Maximum supply: 1,000,000,000
  • Total supply: 487,976,093.41692
  • Circulation market value: $548,294,578.78

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