Token Yakma

There are two perspectives on how the price of SOCIAL is determined.

Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of SOCIAL. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect SOCIAL's value.

Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of SOCIAL based on past trends, based on the principle that 'history tends to repeat itself.' Price action of SOCIAL is also affected by news, announcements, and the general sentiment of the community.

While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of SOCIAL.

SOCIAL reached an all-time high of $0.02 in 2024-09-24, while its current trading price is $0.0000199.

SOCIAL reached its historical low of $0.00001591 in 2024-09-24.