Merit Circle Price Overview
The current Merit Circle price is 0.199200000 €. The price has changed by -1.04% in the past 24 hours on trading volume of 1078.10 €. The market rank of Merit Circle is 2930 based on a market capitalization of 2464771.84 €. Merit Circle has a circulating supply of 11906525.34 MC. The highest recorded Merit Circle price is 10.340 €. And the lowest recorded MC price is 0.146902000 €.
How do Merit Circle price movements correlate with market trends? Check our complete cryptocurrency exchange rate page for information at a glance.
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Analysing Merit Circle’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 Merit Circle 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 Merit Circle 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 Merit Circle
Many factors affect the value of Merit Circle.
The Merit Circle 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 Merit Circle 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 Merit Circle in the news, monitor MC on Twitter. 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.
Competition and ongoing technological changes make a difference too. Many Web3 tokens are related to established blockchains like Ethereum and Solana. Take Ethereum, for example. The Ethereum Foundation has been open about its plans for introducing new technology to the underlying blockchain. Will those innovations create an opportunity for Merit Circle? Or will they close a technology gap, rendering Merit Circle less valuable as an investment?
Live Merit Circle value and market cap
The live Merit Circle 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 Merit Circle is equal to the value of Merit Circle multiplied by the number of Merit Circle in circulation.
Where to buy Merit Circle
So you’re ready to jump into the world of cryptocurrency and you want to know where to buy Merit Circle (MC)? Merit Circle is available to buy, sell, and use with the Kriptomat Web3 Wallet – the simple and secure way to store your crypto.
What payment methods can I use to buy Merit Circle
We’ve made it easy to top up your Web3 Wallet! You can fund your Web3 purchases via SEPA bank transfer, Visa, MasterCard, Apple and Google Pay, or Skrill to buy Merit Circle (MC).
What can you do with your Merit Circle?
Buy Merit Circle with euros
Access Merit Circle tokens before they are listed on centralised exchanges. Get the best rates and purchase with your card or bank account, all on one platform.
Exchange Merit Circle
Swap some or all of your Merit Circle for any other crypto with ease. No crypto platform makes transactions as fast and convenient as Kriptomat.
Use Merit Circle
Use the Merit Circle you buy with the Kriptomat app to access Web3 dApps, DeFi applications, games, and NFT marketplaces.
Sell Merit Circle for euros
Simplify your life with the Web3 wallet that lets you sell your Merit Circle for euros in seconds. Easily withdraw to your bank account or bank card.
Earn Merit Circle
With Merit Circle, you can easily access DeFi with liquidity pools. Liquidity pools are funds that allow users to lend or borrow Merit Circle at competitive interest rates.
Hold your Merit Circle
Your Merit Circle tokens will be securely stored in your Kriptomat Web3 wallet. You can save it for a rainy day or until you’re ready to cash in.
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Merit Circle Price FAQ
What factors influence the price of Merit Circle?
Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how Merit Circle tracks the overall market, check out our comprehensive cryptocurrency price page.
What is the highest price of Merit Circle in EUR?
Merit Circle price history shows that Merit Circle has recorded a peak value of 10.340 €.
What is the current price of Merit Circle in EUR?
Merit Circle is available for immediate purchase at Kriptomat. The current price is 0.199200000 €.
How can I buy Merit Circle?
You can consult an expert to tell you how to buy Merit Circle. However, it’s fast and easy to buy Merit Circle with the Kriptomat app. Merit Circle is available for immediate purchase at the current Merit Circle price quote of 0.199200000 €. Current prices are always displayed in the Merit Circle chart.
How much Merit Circle should I buy?
If you’re purchasing tokens to use an app or play a game, explore the website and see how much you’ll need. If you’re acquiring Merit Circle as an investment, take a look at your financial goals, your investment fund, and your portfolio. Smart investors build portfolios of 10 or more cryptocurrencies, balancing factors like anticipated growth rates, volatility, market niche, and more.
Is there an order minimum?
You can buy Merit Circle for as little as €15 but bear in mind the blockchain fees that are charged for DEX tokens.
Is Merit Circle easy to sell?
Though it can be difficult to bring yourself to part with any cryptocurrency, Kriptomat has made it as simple as possible to sell your MC whenever you so choose – 24 hours a day, 7 days a week, 365 days a year.