Introduction to CMC Coin (CMCC)
CMC Coin (CMCC) is a cryptocurrency token created on the Binance Coin platform and launched in 2017. It operates within the broader digital asset ecosystem, offering unique features and opportunities for traders and investors. Understanding its price movements, market data, and technical indicators is crucial for making informed decisions in the volatile crypto market.
This guide provides a detailed overview of CMC Coin, including its current price, historical performance, trading volumes, and analytical insights. Whether you're a seasoned trader or a curious newcomer, this information will help you navigate the complexities of CMCC.
Current CMC Coin Price and Performance
As of the latest data, CMC Coin is trading at **$0.0775**, reflecting a decrease of **-0.24%** over the past 24 hours. The opening price was $0.0777, indicating a slight intraday decline of -0.19%. Despite a brief recovery to $0.0777, the token has struggled to maintain upward momentum.
Key performance metrics over different timeframes include:
- 1-hour change: -0.01% against USD, +0.14% against BTC, and +0.20% against ETH.
- 24-hour change: -0.24% against USD, -0.82% against BTC, and -0.89% against ETH.
- Weekly change: +0.49% against USD, but declines of -1.27% against BTC and -4.74% against ETH.
- Monthly and yearly trends: Show decreases of -5.07% and -26.10% against USD, respectively.
These fluctuations highlight the importance of monitoring short-term and long-term trends when evaluating CMCC's potential.
Historical Price Analysis
CMC Coin reached its all-time high of $0.1807**, which represents a significant decline of approximately **-57.11%** from current levels. Over the past 52 weeks, the token has experienced a wide range of prices, with the lowest value at **$0.0708 and the highest at $0.1482.
Compared to the last 30 days:
- The current price is down by -5.72% from the period's peak.
- It has increased by 6.88% from the lowest point recorded during that time.
This volatility underscores the need for careful analysis and risk management when dealing with emerging cryptocurrencies.
Market Capitalization and Supply
Calculating the exact market capitalization for CMC Coin is challenging due to uncertainties around circulating supply. However, using the total supply as a reference, the estimated market cap stands at $3,875,297. This metric helps gauge the token's relative size and stability within the market.
Fully Diluted Valuation (FDV), which multiplies the total supply by the current price, provides an alternative perspective on potential market value if all tokens were in circulation.
Trading Volume and Exchange Availability
CMC Coin recorded a 24-hour trading volume of $1,388, indicating moderate market activity. The token is currently traded on 1 exchange platform, which may limit liquidity and accessibility for some investors. For those interested in exploring trading options, 👉 view real-time exchange data to stay updated on availability and pairings.
Technical Analysis and Indicators
Technical analysis involves using statistical indicators to predict future price movements based on historical data. Here are some key metrics for CMC Coin:
- RSI (14): 49.83 (Natural) – Suggests a balanced market without overbought or oversold conditions.
- Commodity Channel Index (20): 4.29 (Natural) – Indicates neutral momentum.
- Average Directional Index (14): 54.76 (Sell) – Points to a strengthening trend, possibly downward.
- Moving Averages: Mixed signals, with short-term SMAs and EMAs showing "Buy" trends, while longer-term averages indicate "Sell" conditions.
These indicators help traders identify potential entry and exit points, though they should be used in conjunction with other analysis methods.
Return on Investment (ROI) and Volatility
Understanding past returns and volatility is essential for assessing risk and reward:
- ROI over 3 months: -9.18%
- ROI over 6 months: -43.76%
- ROI over 12 months: -21.49%
- Volatility metrics: Range from 18.21% (3 months) to 59.04% (12 months), indicating high price swings.
- Maximum drawdown: -99.99%, highlighting potential risks during market downturns.
These figures emphasize the importance of diversification and long-term strategy in crypto investments.
Frequently Asked Questions
What is CMC Coin (CMCC)?
CMC Coin is a cryptocurrency token built on the Binance Coin platform, launched in 2017. It facilitates transactions and operations within its native ecosystem, similar to other utility tokens in the crypto space.
How can I buy CMC Coin?
You can purchase CMCC through supported cryptocurrency exchanges. Always verify the exchange's credibility and ensure it offers secure trading options. For detailed guidance, 👉 explore step-by-step purchasing methods.
What factors influence CMCC's price?
Price movements are affected by market demand, overall crypto trends, technological developments, and broader economic factors. Technical indicators and trading volumes also play a role.
Is CMC Coin a good investment?
Like all cryptocurrencies, CMCC carries risks due to its volatility. Past performance shows significant declines, so thorough research and risk assessment are advised before investing.
How does CMCC compare to other tokens?
CMC Coin operates on Binance Coin's platform, which may offer advantages in transaction speed and cost. However, its market cap and trading volume are smaller than many major cryptocurrencies, impacting liquidity.
Where can I find real-time CMCC data?
Reputable crypto tracking websites provide updated prices, charts, and metrics. Always cross-reference data from multiple sources for accuracy.
Conclusion
CMC Coin (CMCC) presents a case study in the dynamics of smaller-market-cap cryptocurrencies. With its historical price volatility, mixed technical signals, and limited exchange availability, it requires careful analysis and a cautious approach. By staying informed through reliable data sources and understanding key metrics, investors can better navigate opportunities and risks.
For those looking to dive deeper into crypto trading strategies or track real-time changes, continuous learning and adaptive strategies are essential. The crypto market evolves rapidly, making education and vigilance critical components of success.