Nelore Coin Price

There are two schools of thought when it comes to determining the price of a cryptocurrency like Nelore Coin.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Nelore Coin, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Nelore Coin.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Nelore Coin on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Nelore Coin.
Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Nelore Coin and the broader cryptocurrency market.

Nelore Coin achieved the all-time high of $0.006 in 2024-03-28, and is currently trading at $0.0002662.

Nelore Coin reached its all-time low of $0.00011 on 2024-12-21.

The current market cap of Nelore Coin is $88.53K, as 332.59M NLC is trading at the price of $0.0002662.

There are currently 332.59M NLC circulating in the market. These Nelore Coin can be actively traded or used in the open market.

The maximum supply of NLC is 1B , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Nelore Coin is $266.2K. The FDV is calculated taking the assumption that all supply of Nelore Coin is circulation, multiplied by its current price of $0.0002662.

Using an algorithm to automatically identify historical data trends, this Nelore Coin price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Nelore Coin offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Nelore Coin and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Nelore Coin.

You can buy Nelore Coin via Gate by following the steps on how to buy NLC once you have funded your account.