Market Analysis: Ontology Current State
Let's talk about Ontology for a moment. I've pulled together some key metrics that paint an interesting picture.
📈 Current Price Action
The price sits at $0.06 right now, with 1.61% movement in the last 24 hours. We're seeing bearish pressure over the past week.
Ontology price movement over the last 7 days
💰 Market Metrics
With a market cap of $57.48M, it's ranked #619 in the crypto market. The 24h volume of $10.11M represents 17.58% of the market cap, which indicates strong trading activity.
| Metric | Value |
|---|---|
| Current Price | $0.06 |
| 24h Change | -1.61% |
| 7d Change | -24.44% |
| 30d Change | -8.89% |
| Market Cap | $57.48M |
| 24h Volume | $10.11M |
| Market Rank | #619 |
🪙 Supply Dynamics
Currently $919.06M coins are circulating from a total supply of $1.00B.
📊 Historical Context
The all-time high was $10.92, and we're currently 99.43% below that level. The all-time low sits at $0.05, which means we're 21.15% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.
🤔 My Take
The fundamentals tell us Ontology is in a consolidation phase. The fundamental metrics show room for growth if fundamentals improve.
As with any crypto investment, only allocate what you can afford to lose.
🎯 Final Thoughts
And that's my current read on Ontology. Numbers don't lie, but they also don't predict the future. What's your perspective on this project?
This is not financial advice. Always do your own research before making investment decisions.
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