Low liquidity repels traders, leading to lower trading fees and profits for liquidity providers, which causes liquidity to dry up even more. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold.
After comparing the first and the last days’ lowest BTRFLY prices, it’s clear that it declined by 0.01%. Learn more about the Redacted Cartel blockchain network and how it works or follow the price of its native cryptocurrency BTRFLY and the broader market with our unique COIN360 cryptocurrency heatmap. They’re used to trace website activity & growth within the project. DR metric is a sign of the project’s website reputability that is ranked from 0 to 100 .
The most active and popular exchanges for buying or selling BTRFLY are Binance, Kucoin & Kraken. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor. It’s important to note that current Redacted Cartel market capitalization is $0, Talking about circulating supply, BTRFLY has 0 coins.
Where can I buy Redacted Cartel(BTRFLY) token token?
The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. Some traders use different moving averages than the 50-day and 200-day SMAs to define death crosses and golden crosses. However, all definitions include a short-term SMA crossing above or falling below a long-term SMA. The percent change in trading volume for this asset compared to 7 days ago.
The key price level for Redacted Cartel are the $ 32.36, $ 32.36 and $ 32.36 support levels and the $ 32.36, $ 32.36 and $ 32.36 resistance levels. Price breaks from those levels could indicate higher volatility in the coming days. The most recent Death Cross in the Bitcoin market happened 66 days ago, on Dec 16, 2022.
Ultimately, it boils down to a fight for control over the liquidity flow in DeFi—but that doesn’t mean anything without first having a clear picture of the space’s liquidity landscape. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the BTRFLY price. Redacted Cartel’s 14-day RSI is at 27.79, indicating that BTRFLY is currently overvalued. Currencies that are positively correlated with Redacted Cartel indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Redacted Cartel, a move in one direction for Redacted Cartel would translate into a move in the opposite direction for the negatively correlated coin. Comparing Redacted Cartel against other important technological innovations and trends is one way of predicting where the Redacted Cartel price could head over the long term.
What affects the price of Redacted Cartel?
First, let’s compare BTRFLY starting price of the first and last day of the 1M period. It’s evident that on Jan 21, 2023 the Open price of Redacted Cartel was $32.57, whereas on Feb 20, 2023 the BTRFLY Open price was $38.30, which shows a clear price increase of 17.57%. Use the calculator to convert real-time prices between all available cryptocurrencies and fiat. Short-term and long-term Redacted Cartel price predictions may be different due to the different analyzed time series. Currently, the most active and dominating exchanges for buying and selling Redacted Cartel are Binance, Kraken & Kucoin. The most popular Redacted Cartel trading pairs are OHM/BTRFLY, BTRFLY/USDT(on XT.COM ).
To attract and retain liquidity, Curve incentivizes liquidity providers with its CRV token through inflationary emissions. Due to the way Curve’s governance and tokenomics work, CRV has become an important treasury asset for many DeFi protocols searching for liquidity. The RSI is a very popular technical indicator used to analyze prices of a variety of assets, including Redacted Cartel. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.
Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation . It is designed to mitigate impermanent loss for liquidity providers and secure deep and sustainable liquidity for DeFi protocols. Curve Finance began as one of the most efficient stablecoin swapping protocols in DeFi.
Any https://coinbreakingnews.info/,text or other content on this page is provided as general market information and not as investment advice. Jan 21, 2023 had the highest price of $33.09, and Feb 20, 2023 the highest price was $38.67. Talking about Redacted Cartel lowest prices, Jan 21, 2023 had the lowest price of $16.90, whereas Jan 21, 2023 had the lowest price of $16.90.
How to read and predict Redacted Cartel price movements?
Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges. These are the project’s quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project. The quantity of all coins/tokens that have ever been issued , minus all coins/tokens that have been removed from circulation . The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.
- After the acquisition, Redacted expanded Votemak’s capabilities and created the Hidden Hand, a decentralized and permissionless marketplace for bribes.
- Visit our currency converter page to convert BTRFLY prices to currencies other than USD.
- Meanwhile, a Golden Cross last occurred on Feb 16, 2023, which was 4 days ago.
- The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.
- As the name suggests, a moving average provides the average closing price for BTRFLY over a selected time frame, which is divided into a number of periods of the same length.
- Adding Redacted to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more.
We also gather additional information from different sources to make sure we cover all necessary 10 bitcoin millionaires — people who got rich from cryptocurrency technical analysis or events. It has a circulating supply of 1 million BTRFLY coins and is ranked #4435, current Redacted Cartel market cap is $17.5 million. Redacted Cartel All time high price is $932.02, it was 1 Year Ago, For the previous 52 weeks, the lowest and highest value for Redacted Cartel was $12.00 and $697.53. Moving averages are among the most popular Redacted Cartel price prediction tools. As the name suggests, a moving average provides the average closing price for BTRFLY over a selected time frame, which is divided into a number of periods of the same length.
Meanwhile, a Golden Cross last occurred on Feb 16, 2023, which was 4 days ago. Investment Analysis Historical performance and stats for all cryptocurrencies.GitHub Analysis Development activity on Github for open source cryptocurrencies. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind.
The main ways to get involved in Redacted Cartel token investing are by participating in Spot trading or pledging to earn interest. Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals. Staking the tokens in the protocol will allow users to compound their returns through the employed rebase. $BTRFLY brings governance representation to holders, while keeping their assets liquid.
These are the project’s quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project. The Cartel’s goal is to become a meta-governance protocol by acquiring as many influential governance tokens as possible, including veCRV, vlCVX, Tokemak’s TOKE, Frax Finance’s FXS, and others. Liquidity, then, is highly reflexive with a strong flywheel effect.
This means rewarding liquidity providers with governance tokens for the duration of their service. Theoretically, this is a great proposition for liquidity providers, who are often only looking to provide their service while the incentives are worthwhile. For the projects, however, this is a not a favorable proposition because, as some calculations estimate, securing $1 of liquidity can set them back up to $1.25 in their native tokens. Just like with any other asset, the price action of Redacted Cartel is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates.