AVACOIN (AVACN) is a cryptocurrency that entered the digital asset market in February 2024. This guide provides a detailed overview of its essential metrics, including live price data, market capitalization, trading volume, and technical analysis, to help you understand its current position and performance in the crypto ecosystem.
Live Price and Key Statistics
The current live price of AVACOIN is approximately $0.0000020 USD. Over the past 24 hours, the price has remained relatively stable with a change of +0%.
Key on-chain and market statistics include:
- Market Capitalization: $7.9 Thousand (Rank #2650)
- Fully Diluted Valuation (FDV): $31.2 Thousand
- 24h Trading Volume: $45 (Rank #4264)
- Circulating Supply: 3,941,178,304 AVACN
- Total Supply: 15,609,832,320 AVACN
- Max Supply: 20,000,000,000 AVACN
Historical Performance and Volatility
Understanding an asset's historical performance is crucial for assessing its risk and potential.
- All-Time High (ATH): AVACOIN reached its peak price of $0.000692 on August 28, 2024, representing a decline of approximately -99.71% from its ATH.
- 52-Week Range: Over the past year, the price has fluctuated between a low of $0.0000020** and a high of **$0.00108.
Returns and Volatility:
- ROI (3 Month): -77.59%
- ROI (6 Month): -93.16%
- Volatility (3 Month): 264.23%
- Volatility (6 Month): 297.89%
This data indicates a history of high volatility and significant price drawdowns since its launch.
Technical Analysis Overview
Technical indicators provide insights into market sentiment and potential price movements. Based on daily chart data, the current signals for AVACOIN are mixed but lean bearish.
- Trend Indicators: Multiple Exponential Moving Averages (EMAs), from the 10-period to the 200-period, are signaling "Sell."
Momentum Oscillators:
- RSI (14): 38.89 (Natural) - Suggesting the asset is neither overbought nor oversold.
- Williams %R (14): -100 (Oversold) - Indicating potential oversold conditions.
- Commodity Channel Index (20): -139.53 (Buy)
- Ultimate Oscillator: 16.93 (Buy)
The overall summary of these indicators is 6 bearish, 4 bullish, and 1 neutral. For a more detailed outlook and price prediction, it's essential to conduct further research.
Trading and Liquidity Landscape
AVACOIN faces significant challenges in terms of liquidity and market access.
- Exchange Listings: The primary exchange for trading AVACN is XT.com, with the AVACN/USDT trading pair.
- Liquidity: The very low 24-hour trading volume of $45 indicates that executing large buy or sell orders near the current listed price could be difficult and may result in substantial price slippage.
- Market Comparison: When compared to the 1,446 other cryptocurrencies launched in 2024, which have an average daily trading volume of around $1 million, AVACOIN's volume of $45 is significantly below average.
Recent Developments and News
Staying informed about project developments is key. AVACOIN has been featured in several news articles highlighting its roadmap and exchange listings:
- The project's 2024 roadmap was unveiled, outlining strategic milestones and initiatives.
- Major exchange listings were announced on platforms including Bitget, HTX, Bitmart, and EBI, often accompanied by promotional trading reward campaigns.
- The project was described as evolving from a clicker game into a Telegram marketplace, reportedly attracting over 7 million users.
Always verify news from multiple primary sources before making investment decisions.
Understanding Market Cap and FDV
Market capitalization is a core metric calculated by multiplying the current price by the circulating supply. For AVACOIN, this is $7.9K.
Fully Diluted Valuation (FDV) is a theoretical metric calculated by multiplying the current price by the total or maximum supply. It represents what the market cap would be if all coins were already in circulation. AVACOIN's FDV is $31.2K.
A significant difference between market cap and FDV often indicates a large portion of tokens that are yet to be released into the market, which can represent future selling pressure.
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Frequently Asked Questions
What is the current price of AVACOIN (AVACN)?
The latest price for one AVACN token is $0.0000020 USD. The price has remained unchanged in the last 24 hours but has decreased by approximately 50% over the previous week.
What was the highest price ever recorded for AVACOIN?
The all-time high price for AVACOIN was $0.000692, achieved on August 28, 2024. This is significantly higher than its current trading value.
How is the market capitalization of AVACOIN calculated?
The market cap of $7.9 Thousand is based on the circulating supply of nearly 4 billion AVACN tokens multiplied by the current price. If the total supply were fully circulating, the market cap would be $31.2 Thousand.
Where can I buy and trade AVACN tokens?
AVACN is primarily traded on the XT.com exchange using the AVACN/USDT trading pair. It has also been listed on other exchanges like Bitget and Bitmart during promotional events.
Is AVACOIN a good investment?
This guide presents factual data and cannot provide financial advice. The data shows high volatility, low liquidity, and significant price declines from its all-time high. Any investment in micro-cap cryptocurrencies like AVACOIN carries a high level of risk, and you should always conduct thorough personal research and consider your risk tolerance.
What does the technical analysis suggest for AVACOIN's price?
Current technical indicators present a mixed to bearish outlook, with several moving averages indicating a sell signal. However, some oscillators suggest the asset may be oversold. Price predictions are highly speculative, especially for assets with low liquidity.