Maecenas receives a strong short-term technical ranking of 99 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. ART has a superior recent technical analysis than 99% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.
ART is currently $0.001263 (298.01%) above its 30-day low of $0.000423945 and -$0.000442 (-20.76%) below its 30-day high of $0.00212948. Additionally, ART is above its average price of $0.000903413 over the past month of trading with its current price of $0.001687338. Overall, the recent trading history of Maecenas suggest that traders are currently bullish on the token.
Maecenas’s market cap of $116,222.34 is relatively low for a token. Maecenas’s relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Meanwhile, ART’s average volume is low with $0.36 worth of the token traded over an average 24 hour period. ART’s volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the last 24 hours, ART’s volume is below its usual with $0.05 exchanged.
Maecenas’s subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that use blockchain technology to authenticate and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens that are used in the buying, selling or collecting of art or certain other digital goods.
Maecenas’s price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the token’s short-term movement.
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