AdEx price overview
The current AdEx price is EUR. The price has changed by EUR in the past 24 hours on trading volume of EUR. The market rank of AdEx is based on a market capitalization of EUR. AdEx has a circulating supply of . The highest recorded AdEx price is EUR. And the lowest recorded ADX price is EUR.
How do AdEx price movements correlate with market trends? Check our comprehensive cryptocurrency price page for information at a glance.
AdEx provides an open-source, transparent, and fraud-proof replacement for the current digital advertising system. It directly connects advertisers with publishers through a self-governed ad marketplace. The protocol provides real-time reporting to reduce the risk of ad fraud while protecting the privacy of end-users. With a combination of traditional peer-to-peer technology, cryptography, and blockchain, AdEx aims to set a new standard for the digital advertising industry.
ADX is the native utility token of the AdEx Network and is used for staking and running validator nodes. Since its creation in 2017, the price of ADX has seen significant change and if you want to know why then you’re in the right place. We’ve compiled everything you need to get a better understanding of AdEx Network price – as well as the factors which influence it.
AdEx Price History
Following the launch of the AdEx Network at the end of June 2017, ADX began trading at the start of July with a price of $0.21. Although ADX spiked to over $0.90 in its first few days, this price wasn’t sustained for long and the token then spent almost a month trading under $0.20. The price suddenly shot up in August to the peak of $2.61, though it had retraced to below $0.50 a month later. The rally resumed in December, when ADX surged to its all-time high of $4.09, representing gains of about 1,850% since the token’s launch.
After remaining close to this level for the first week of January 2018, prices soon began to crash, dropping back below $2 around the middle of the month. In fact, the rest of the year took on a bearish trajectory as ADX set a series of lower highs and lower lows until it ended 2018 with a price of $0.09, meaning it had lost almost 97% of its value since the start of the year.
The first few months of 2019 saw prices gradually rise so that they had doubled by the end of March. In June, however, ADX went back into decline until it hit a low of $0.05 in September. For the rest of the year, ADX mostly traded sideways, finishing 2019 with a slightly lower price than at the start of the year.
The start of 2020 saw some steady gains, which took ADX up to $0.12 in February. However, prices soon dropped to their all-time low of $0.03 after a crash of 48% on a single day in March. A period of steady growth then carried ADX back up to the $0.12 level, before a sudden surge to almost $0.40 at the end of July. After pulling back to $0.13 in September, ADX climbed for the rest of the year, reaching a price of $0.37 at the close of 2020. This meant ADX had provided returns of 375% over the course of the year.
The positive momentum continued throughout the first quarter of 2021, culminating in a peak of $2.02 at the start of April. The market cap of AdEx surpassed $200 million for the first time around this point. Prices dipped below $1 later in the month, and after briefly returning to above $1.50 at the end of April, bearish momentum took over. Prices mostly fell in May and ADX touched lows of $0.53 during a crash of 47% within a single day that month. As June started, prices had recovered somewhat to about $0.90.
Analyzing AdEx Price History
ADX’s price history can be analyzed with many of the same techniques as the stock market. Technical analysis involves using various indicators while studying price charts in order to make sense of previous price movements. With ADX, as with many other tradable assets, large price swings are often accompanied by spikes in trading volume, as a large number of users buy or sell their coins on exchanges.
Fundamental analysis, on the other hand, looks at the finances and activities of a company, as well as the state of the wider market and economy. The founders of AdEx are seasoned entrepreneurs who previously created the Stremio media streaming platform, which now has over 14 million users. Also, the project’s crowdfunding campaign in June 2017 raised 40,000 ETH (about $12 million at the time) in less than eight hours. These could be good signs for the fundamental value of AdEx.
Broader market trends have also played a role in ADX’s price history. Its surges in 2017 and 2021 weren’t unique – the entire crypto market pumped around these times. Bitcoin was in the midst of major bull runs then, and with such strong market dominance, any significant price movement for Bitcoin often impacts other cryptocurrencies.
ADX’s huge single-day drop in March 2020 came as economies and borders were closing down around the world in response to the COVID-19 pandemic. The effect of this was felt by the whole cryptocurrency sector and the entire stock market, which experienced the biggest single-day crash since 1987.
The sudden crash in May 2021 was also market-wide, affecting every single major cryptocurrency. Various contributing factors have been suggested, including comments made by Elon Musk, a crackdown by Chinese authorities, liquidations, and a healthy market correction.
The overall price trend of ADX tends to follow what’s known as a boom-and-bust cycle. This is a pattern in which a period of growing excitement leads to a surge in price before doubt and disillusionment set in and result in a crash.
Factors Influencing The Price of AdEx (ADX)
A variety of different things can affect the AdEx Network price, including project news and developments, the flow of assets on exchanges, public sentiment, and emerging trends in the wider cryptocurrency and global economies.
Although ADX was launched with a supply of 100 million tokens, a token upgrade in 2020 saw the minting of an additional 50 million ADX. No more coins will be minted, however, and this capped max supply makes ADX a scarce asset, like Bitcoin, meaning it may be a good store of value in the long term.
Demand for ADX is driven by its utility within the AdEx network. ADX can be used to mint ADX-LOYALTY to participate in the decentralized governance system and help shape the project’s future. It is also staked by validators to disincentivize bad behavior and ensure operations run smoothly. In 2020, the team unveiled the AdEx staking portal, where any ADX holder can stake their tokens to earn a portion of validator fees and other staking rewards. This potential for passive income could encourage more people to buy ADX for staking.
The team announced a token upgrade in the summer of 2020, which fixed minor technical irregularities, reduced gas costs, and added new features so that ADX could integrate with the decentralized finance ecosystem. It included the introduction of built-in flash loans, meaning anyone can borrow ADX. This could further drive demand as it facilitates new creative uses of the token, such as automatic arbitrage across decentralized exchanges.
It is likely that demand for the token will increase with the number of users of the AdEx platform. Community engagement, protocol upgrades, and ad platform improvements that drive adoption could therefore boost the price of ADX.
Live AdEx Value and Market Cap
The live ADX price varies from moment to moment as it’s dictated by the balance of buyers and sellers on exchanges, which is in constant flux.
Given ADX’s volatility, its current price can change by a large amount in a very short space of time. The market cap of AdEx is equal to the price of ADX multiplied by the number of ADX in the circulating supply.
The current AdEx price is EUR. The price has changed by EUR in the past 24 hours on trading volume of EUR. The market rank of AdEx is based on a market capitalization of EUR. AdEx has a circulating supply of . The highest recorded AdEx price is EUR. And the lowest recorded ADX price is EUR. Max supply is ADX.
AdEx Price FAQ
What is the highest AdEx price in EUR?
AdEx price history shows that ADX has recorded a peak value of EUR.
What is the lowest AdEx price in EUR?
ADX price history shows that EUR EUR is the lowest recorded AdEx value.
How can I buy AdEx?
You can purchase AdEx and over 290 different cryptocurrencies in seconds with Kriptomat, learn more about how to buy AdEx. It’s available for immediate purchase at the current ADX price quote of EUR. Current prices are always displayed in the ADX chart.
What is the current AdEx price in EUR?
Kriptomat data confirms that the current AdEx price is EUR.
How is ADX price calculated?
ADX’s price at any given time is decided by the balance of supply and demand on exchanges. When more people are buying ADX than selling it, the price goes up, and when more are selling than buying, the price goes down.
Why is the price of ADX different on each crypto exchange?
ADX’s price is based purely on trading as there is no standard global ADX price, so no one knows what it is “supposed” to cost. The trading volume and liquidity are different for each exchange and those differences are what affect the price.
What will ADX be worth in the future?
It’s impossible to make price predictions with any kind of absolute certainty, as a whole host of different factors could play a role in determining the future value of ADX. However, the price of ADX will likely rise with the number of tokens being staked and user adoption of the AdEx platform.
The price of ADX has seen a lot of change, going from lows of $0.03 to highs of over $4. Its price movements have rarely been smooth, however, as ADX’s volatility has led to surges and crashes throughout its history.
Many different factors have played a role in determining the price of ADX, including the amount of ADX being staked, the number of users on the AdEx platform, and trends in the rest of the crypto market and wider economy. Its current valuation is derived from the balance of supply and demand in the markets and constantly changes.
If you want to get started with the most user-friendly trading experience on the market, register with Kriptomat today to begin your journey into the world of AdEx and cryptocurrencies!