SPACE ID (ID) Recorded A Loss Of 1+% Over The Last Hour Alone

The global crypto market cap experienced a 1.01% decline over the last day and currently stands at around $1.19 trillion. Despite this, data from CoinMarketCap indicates that SPACE ID (ID) is currently trading in the green. At press time, the crypto is trading hands at $0.7462 after a 0.57% price increase over the last 24 hours.

ID price (Source: CoinMarketCap)
ID price (Source: CoinMarketCap)

As a result, ID is now trading closer to its daily high of $0.7668. The crypto’s performance over the last day also allowed it to strengthen against the two market leaders, Bitcoin (BTC) and Ethereum (ETH). At press time, ID is up against BTC by about 0.74%, and bested ETH by about 2.18% in the past day.

ID was not able to replicate its positive 24-hour performance on some of the other timeframes. At press time, ID is down by more than 4% over the last seven days. In addition to this, the crypto experienced a 1.56% loss over the last hour alone.

ID’s 24-hour trading volume is currently in the green zone and stands at $448,885,735 after a more than 47% increase throughout the last day. With its market cap of $227,280,480, ID is currently ranked as the 145th biggest crypto in terms of market capitalization.

This places it right behind Just (JST) in the 144th position and in front of Ocean Protocol (OCEAN) which is ranked 146th on the list of the biggest cryptos. Meanwhile, the circulating supply of ID stands at approximately 304,486,111 ID.

Disclaimer: The views and opinions, as well as all the information shared in this price Analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

Comments

Post a Comment

Popular posts from this blog

How Ethereum Price Could Race to $3K Bolstered by Accelerated Staking Post-Shapella Upgrade

Image
As the price wobbles at $1,865 and traders usher in the European session, Ethereum price is facing two conflicting scenarios. advertisement Reclaiming resistance above $1,900 could clear the path to $2,000. On the flip side, losing support at the 100-day Exponential Moving Average (EMA), which is grounded at $1,800, might leave ETH vulnerable to declines targeting lower likes such as $1,730 and $1,600. Ethereum Staking Accelerates Post-Shapella Upgrade According to blockchain research platform Messari, Ethereum staking has been improving since the Shapella upgrade, which occurred in April. Before this network update that allowed investors to freely stake and unstake Ether, “staking growth was slow and perceived as riskier.” However, market conditions changed and improved drastically following the implementation of the Shapella upgrade. Users now have the freedom to “comfortably stake and unstake ETH,” thus accelerating the rate of stakin...
Read more

Avalanche (AVAX) Price Prediction: Will AVAX reach $30 in 2023?

Image
Avalanche Blockchain is a layer one blockchain and is considered one of the most cost-effective and eco-friendly blockchains in the crypto and blockchain industry. AVAX is the native token of the Avalanche blockchain. AVAX can be used as a utility token within the Avalanche ecosystem. As one of the top-rated altcoins, AVAX investors are still bullish on the token. Moreover, AVAX hodlers and stakers could receive gains and rewards over time. If you are interested in the future of Avalanche (AVAX) and would want to know the price analysis and price prediction of AVAX for 2023, 2024, 2025, 2026, and up to 2050, keep reading this CoinEdition article. Avalanche(AVAX) Market Overview Name Avalanche Symbol avax Rank #17 Price $17.63 Price Change (1h) -0.24773 % Price Change (24h) 0.37996 % Price Change (7d) -0.50464 % Market Cap $5753575560 All Time High $144.96 All Time Low $2.8 Circulating Supply 326136844.689 avax Total Supply 422199472.502 avax What is Avalanche (A...
Read more

Bitcoin 'not undervalued yet' says research as BTC price drifts nearer $16K

Image
An indicator tracking transactions in profit and loss is yet to repeat its traditional bear market bottom sequence, says CryptoQuant. Bitcoin (BTC) may not be good value enough for a macro price bottom, according to Analysis from CryptoQuant. In a blog post on Dec. 29, a contributor to the on-chain analytics platform flagged one BTC price indicator with further to fall. Profitability indicator lacks key cross At nearly 80% below all-time highs, BTC/USD is nearing the zone in which it bottomed during previous bear markets. As CryptoQuant's MAC_D notes, there is no shortage of instruments pointing to the 2022 bear market bottom already forming. Despite this, however, the signs are not yet unanimous, and pointing to transactions in profit and loss, he warns that cheaper BTC prices may still enter. CryptoQuant's unspent transaction outputs (UTXOs) in profit and loss indicator currently shows around 30% of transactions performed at a loss.  "When the UTXOs in Profit and Los...
Read more