X'te AMA

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

Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of UNQ. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect UNQ'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 UNQ based on past trends, based on the principle that 'history tends to repeat itself.' Price action of UNQ 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 UNQ.

UNQ reached an all-time high of $0.1881 in 2022-01-02, while its current trading price is $0.0000101.

UNQ reached its historical low of $0.0000101 in 2022-01-02.