What determines the price movement of Enzyme (MLN)?

There are two schools of thought when it comes to determining the price of a cryptocurrency like Enzyme. By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Enzyme, 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 Enzyme. By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Enzyme 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 Enzyme. 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 Enzyme and the broader cryptocurrency market.

What is the highest price of Enzyme price in history?

Enzyme achieved the all-time high of 258.26 in 2018-01-04, and is currently trading at 4.909.

What is the lowest price of Enzyme price in history?

Enzyme reached its all-time low of 1.79 on 2020-03-13.

What is the current market cap of Enzyme?

The current market cap of Enzyme is 14669912.229685022, as 2988370.794394993 MLN is trading at the price of 4.909.

How many Enzyme are there in the market?

There are currently 2988370.794394993 MLN circulating in the market. These Enzyme can be actively traded or used in the open market.

What is the maximum supply of Enzyme?

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

What is the fully diluted market cap (or FDV) of Enzyme?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Enzyme is 14669912.229685020637. The FDV is calculated taking the assumption that all supply of Enzyme is circulation, multiplied by its current price of 4.909.

What is the price prediction of Enzyme ?

Using an algorithm to automatically identify historical data trends, this Enzyme 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.

Is Enzyme a good investment?

Enzyme 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 Enzyme 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 Enzyme.

You can buy Enzyme via Gate by following the steps on how to buy MLN once you have funded your account.

Enzyme Price

MLN

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Enzyme (MLN) Price Live Chart

Enzyme (MLN) Price Today

Enzyme (MLN) price today is $4.9, with a 24-hour trading volume of $22.05K and as such Enzyme (MLN) has a market cap of $14.66M, giving it a market dominance of 0.00043%. The Enzyme (MLN) price moved -0.34% in the last 24 hours.

MLN Price Data

24h Turnover$22.05K
All-Time High(ATH)$258.26
24h High$4.99
All-Time Low(ATL)$1.79
24h Low$4.84

MLN Market Cap Infos

Market Cap$14.66M
Fully Diluted Valuation$14.66M
Market Cap/FDV100%
Market SentimentPositive

MLN Supply

Circulating Supply2.98M MLN
Total Supply2.98M MLN
Max Supply∞

*Data is for reference only

Enzyme (MLN) Price Prediction

Enzyme(MLN) is predicted to average $4.9 in 2026, with a potential swing between the lowest price $3.92 and the highest price $6.52. By 2031, Enzyme(MLN) price could reach to $13.34, offering a potential +91.00% return from today’s Enzyme price.

Year	Minimum Price	Highest Price	Average Price	Change
2026	$3.92	$6.52	$4.9	--
2027	$5.14	$7.37	$5.71	+16.00%
2028	$4.18	$9.16	$6.54	+33.00%
2029	$6.12	$8.55	$7.85	+59.00%
2030	$7.3	$10.58	$8.2	+67.00%
2031	$9.02	$13.34	$9.39	+91.00%

Enzyme(MLN) Price History

Enzyme(MLN) price has moved -0.34% in the last 24 hours, and +3.42% in the past 7 days. The price of Enzyme(MLN) is -12.20% in the past 30 days, and -76.10% over the last year.