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Is SuperVerse coin a mainstream coin?

William Shakespeare
Release: 2024-10-12 08:16:31
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SuperVerse coin is a non-mainstream coin because it lacks the characteristics of mainstream coins, such as high liquidity, wide range of currency and high market capitalization. It is primarily used on its Metaverse platform, which has relatively low transaction volume and is not widely accepted.

Is SuperVerse coin a mainstream coin?

SuperVerse currency is a non-mainstream currency

SuperVerse currency is a decentralized digital asset based on the Ethereum blockchain . It is primarily used for its eponymous Metaverse platform, where users can create, explore, and monetize virtual worlds and experiences.

While the SuperVerse coin is listed on some cryptocurrency exchanges, it is not widely accepted and used for mainstream payments or store of value. Mainstream coins usually have the following characteristics:

  • High liquidity, able to be easily traded and converted
  • Widely accepted, accepted by many merchants and services
  • Market Cap and high transaction volume, widely recognized and trusted

SuperVerse coins currently do not meet these criteria. It has relatively low trading volume and is not widely accepted in most cases. Therefore, it is classified as a non-mainstream currency.

SuperVerse (SUPER) Price Update

SuperVerse (SUPER) is currently trading at $1.12 with a 24-hour trading volume of $26.59 million.

Recent Price Changes

The price of SUPER increased by 2.43% in the last 24 hours. This increase can be attributed to several reasons:

  • Overall recovery in the cryptocurrency market
  • Positive sentiment towards SuperVerse project fundamentals
  • Major upcoming release Update

Future Price Trend Analysis

Technical analysis suggests that the price of SUPER may continue to rise. The RSI indicator is in bullish territory and the Bollinger Bands are expanding, indicating the possibility of an upward breakout.

Recommendation

For investors who want to invest in SUPER, it is recommended to take a cautious approach and conduct research first. Consider the volatility of the cryptocurrency market and only invest money you are willing to lose.

Short Term Forecast

In the short term, the price of SUPER is expected to remain in an upward trend and may break the $1.15 resistance level.

Key Indicators

  • Current Price: $1.12
  • 24 Hour Trading Volume: $26.59M
  • Circulation Volume : 487,976,093.41692 SUPER
  • Total supply: 1 billion SUPER
  • Circulation market value: US$548 million

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