Key Factors
- HARAMBE reached an ATH of $0.07875 on Could 24, 2024, and an ATL of $0.003648 on February 12, 2024.
- Buying and selling at $0.03314, HARAMBE has declined by 22.93% within the final 24 hours and 38.71% over the previous week.
- Important volatility with a latest vary of $0.02966 to $0.04476 in 24 hours and $0.03019 to $0.07702 in seven days.
- Contrasts with Bitcoin and Ethereum, which have proven extra stability, highlighting HARAMBE’s larger threat and potential rewards.
- Bullish regardless of declines, pushed by know-how, partnerships, and potential development, suggesting attainable restoration with steady market situations.
The cryptocurrency market, famend for its volatility and speedy fluctuations, presents an enchanting case with the token Harambe on Solana (HARAMBE). With its distinctive place within the ecosystem, HARAMBE provides insights into the dynamics of token buying and selling at present, highlighting historic efficiency, present market traits, and future predictions. Let’s delve into these facets, offering a complete evaluation of the token’s value actions and market standing.
Historic Highs and Lows: $0.07875 to $0.003648 for HARAMBE
This token has had a exceptional journey since its inception. Its all-time excessive (ATH) of $0.07875, achieved on Could 24, 2024, marks a big milestone. This peak signifies substantial investor curiosity and market exercise round that interval. Nevertheless, the token has additionally seen appreciable lows, with an all-time low (ATL) of $0.003648 on February 12, 2024. Such vast fluctuations are indicative of the unstable nature of cryptocurrency markets, the place costs can swing dramatically primarily based on varied elements together with market sentiment, macroeconomic occasions, and technological developments inside the blockchain house.
Present Traits: HARAMBE at $0.03314, 22.93% Drop, $8.96M Quantity
As of the newest knowledge, HARAMBE is buying and selling at $0.03314, reflecting a pointy decline of twenty-two.93% over the previous 24 hours. This drop is a part of a broader development noticed over the previous week, the place the token’s value fell by 38.71%. Regardless of this downturn, the token’s 24-hour buying and selling quantity stays sturdy at $8,960,905.18, indicating sustained buying and selling exercise. The circulating provide of HARAMBE stands at 1,000,000,000 tokens, leading to a market capitalisation of $33,592,397, positioning it at #874 on crypto market’s rankings.
Value Actions: HARAMBE from $0.02966 to $0.04476 Immediately
The latest value actions of HARAMBE reveal important volatility. Previously 24 hours, the token’s value ranged from a low of $0.02966 to a excessive of $0.04476, highlighting intraday buying and selling alternatives and dangers. During the last seven days, the worth diversified from $0.03019 to $0.07702, exhibiting a broader vary of fluctuations. The token’s value has proven resilience in sure facets, with a 2.5% enhance previously hour, suggesting potential short-term recoveries amidst total declines.
HARAMBE vs Bitcoin: Volatility at $0.03314 vs Stability at $68,852
Evaluating HARAMBE’s efficiency with broader market traits gives extra context. For example, Bitcoin (BTC), the main cryptocurrency, is presently priced at $68,852 with a modest 0.7% enhance over the previous 24 hours. This stability in Bitcoin contrasts sharply with HARAMBE’s volatility. Ethereum (ETH) has additionally proven minor actions with a present value of $3,856, down 0.1% in the identical interval. The stark variations between these main cryptocurrencies and HARAMBE underscore the upper threat and potential rewards related to smaller, much less established tokens.
High Pair HARAMBE/SOL: $7.69M Quantity on Raydium
The token’s buying and selling exercise is targeting a number of exchanges, with Raydium being the preferred platform. Different notable exchanges embrace Meteora and MEXC. Probably the most energetic buying and selling pair for HARAMBE is HARAMBE/SOL, accounting for $7,687,098 of the overall quantity. This pairing with Solana (SOL) displays the token’s integration inside the Solana ecosystem, leveraging Solana’s high-speed and low-cost transaction capabilities to facilitate energetic buying and selling.
Quantity Surge: 14.60% Improve in The Token Buying and selling
Current market actions have had important impacts on HARAMBE’s buying and selling quantity. A notable occasion was the 14.60% enhance in buying and selling quantity, signalling heightened market exercise and potential investor curiosity. Such occasions can typically precede value actions, both as a response to elevated demand or as speculative buying and selling primarily based on anticipated market developments.
Future Outlook: Bullish Group Sentiment for HARAMBE
Group sentiment round HARAMBE stays bullish regardless of latest value declines. The token’s underlying know-how, strategic partnerships, and potential for future development bolsters this optimism. The promotion of instruments like MetaMask Portfolio for managing crypto holdings additional enhances person engagement and confidence within the token’s ecosystem.
HARAMBE’s Value Prediction: Potential Restoration Amid Volatility
Wanting forward, the worth prediction for HARAMBE is dependent upon a number of elements. The latter embrace market traits, technological developments, and macroeconomic situations. Whereas the token has skilled important volatility, its potential for restoration stays sturdy, notably if broader market situations stabilise and investor confidence returns. The latest buying and selling exercise and group sentiment counsel that HARAMBE may see upward actions if these situations are met. Nevertheless, customers ought to strategy long-term investments in such tokens with warning, balancing potential excessive returns in opposition to inherent dangers.
Harambe’s journey within the cryptocurrency market provides a vivid illustration of the dynamics at play in token buying and selling at present. From historic highs and lows to present market traits and future predictions, HARAMBE’s efficiency encapsulates the alternatives. It additionally challenges confronted by traders within the ever-evolving digital asset panorama.