JPYM/EUR
(Euro)
Mento Japanese Yen Price Overview
The current Mento Japanese Yen price is 0.005448000 €. The price has changed by 0.13% in the past 24 hours on trading volume of 2087.42 €. The market rank of Mento Japanese Yen is 10205 based on a market capitalization of 15086.51 €. Mento Japanese Yen has a circulating supply of 2769205.68 JPYM. The highest recorded Mento Japanese Yen price is 0.006249890 €. And the lowest recorded JPYM price is 0.003344530 €.
How do Mento Japanese Yen price movements correlate with market trends? Check our complete cryptocurrency exchange rate page for information at a glance.
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Analysing Mento Japanese Yen’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 Mento Japanese Yen 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 Mento Japanese Yen 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 Mento Japanese Yen
Many factors affect the value of Mento Japanese Yen.
The Mento Japanese Yen 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 Mento Japanese Yen 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 Mento Japanese Yen in the news, monitor JPYM 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 Mento Japanese Yen value and market cap
The live Mento Japanese Yen 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 Mento Japanese Yen is equal to the value of Mento Japanese Yen multiplied by the number of Mento Japanese Yen in circulation.
What payment methods can I use to buy Mento Japanese Yen
What can you do with your Mento Japanese Yen?
Buy Mento Japanese Yen with euros
Exchange Mento Japanese Yen
Use Mento Japanese Yen
Sell Mento Japanese Yen for euros
Earn Mento Japanese Yen
Hold your Mento Japanese Yen
COMPARABLE MARKET CAP
How much is 1 Mento Japanese Yen worth?
Mento Japanese Yen Price FAQ
What factors influence the price of Mento Japanese Yen?
Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how Mento Japanese Yen tracks the overall market, check out our comprehensive cryptocurrency price page.
What is the highest price of Mento Japanese Yen in EUR?
Mento Japanese Yen price history shows that Mento Japanese Yen has recorded a peak value of 0.006249890 [object Object].
