GMON/EUR
(Euro)
Magma Staked Monad Price Overview
The current Magma Staked Monad price is 0.021500000 €. The price has changed by -0.68% in the past 24 hours on trading volume of 2018.98 €. The market rank of Magma Staked Monad is based on a market capitalization of 1511115.00 €. Magma Staked Monad has a circulating supply of 70520340.00 GMON. The highest recorded Magma Staked Monad price is 0.022597640 €. And the lowest recorded GMON price is 0.018032930 €.
How do Magma Staked Monad price movements correlate with market trends? Check our complete cryptocurrency exchange rate page for information at a glance.
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Analysing Magma Staked Monad’s price history
Before buying any cryptocurrency, it’s worth doing your homework. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall.
Make sure your price prediction for Magma Staked Monad matches your long-term and short-term financial goals.
There are countless ways to analyse crypto price performance and make a buying decision. Two of the most commonly used are technical analysis and fundamental analysis.
Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Magma Staked Monad chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering.
In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.
News events are important too, especially economic indicators. Is the national bank raising interest rates? Are fiscal conservatives being elected? Have storms or droughts disrupted agriculture, tourism, and other industries?
Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.
Factors influencing the Price of Magma Staked Monad
Many factors affect the value of Magma Staked Monad.
The Magma Staked Monad exchange rate sometimes moves with changes in the wider economy. And sometimes crypto moves the opposite direction. For example, many cryptos have made impressive gains despite bank failures and economic uncertainty in international financial markets. This may indicate that investors have turned away from risky banks and turned to crypto, which has delivered historic long-term benefits.
Government regulations have a great impact on the price of Magma Staked Monad and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower.
Newsmakers increasingly influence crypto prices. When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. The effects of these endorsements on crypto prices cannot be overstated. Watch for mentions of Magma Staked Monad in the news, monitor GMON on X. Visit the project’s online community at Discord or elsewhere. The better informed you are, the better the decisions you will be empowered to make.
Live Magma Staked Monad value and market cap
The live Magma Staked Monad exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period.
The market capitalisation of Magma Staked Monad is equal to the value of Magma Staked Monad multiplied by the number of Magma Staked Monad in circulation.
What payment methods can I use to buy Magma Staked Monad
What can you do with your Magma Staked Monad?
Buy Magma Staked Monad with euros
Exchange Magma Staked Monad
Use Magma Staked Monad
Sell Magma Staked Monad for euros
Earn Magma Staked Monad
Hold your Magma Staked Monad
COMPARABLE TRADE VOLUME
How much is 1 Magma Staked Monad worth?
Magma Staked Monad Price FAQ
What factors influence the price of Magma Staked Monad?
Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how Magma Staked Monad tracks the overall market, check out our comprehensive cryptocurrency price page.
What is the highest price of Magma Staked Monad in EUR?
Magma Staked Monad price history shows that Magma Staked Monad has recorded a peak value of 0.022597640 [object Object].
