Joe Coin: A Worthy Investment?

Joe Coin (JOE) is the native token of Trader Joe, a decentralised exchange (or DEX) operating on the Avalanche (AVAX) blockchain. It is a meme coin created around the internet sensation emoti guy. JOE offers a range of functionalities, including yield farming, staking, and governance proposals. With a total supply of 500 million, Joe Coin has a market cap of $168.96 million as of August 2024, and a current price of $0.47 per JOE.

So, is Joe Coin a good investment? Well, that depends on your investing goals and portfolio composition. While Joe Coin has shown extensive growth since its launch, it is currently showing bearish performance, along with the wider crypto market. There are strong possibilities that the next bull run could help Joe Coin recover in the upcoming months, but as with all cryptocurrencies, it is a highly risky investment.

Joe Coin's price history

Joe Coin (JOE) is the native token of Trader Joe, a decentralised exchange (DEX) operating on the Avalanche (AVAX) blockchain. It was launched in June 2021 by two pseudonymous developers, Cryptofish and 0xMurloc, with a total supply of 500 million. Joe Coin offers a range of decentralised financial (DeFi) services, including swapping, staking, and yield farming.

The price of Joe Coin has fluctuated since its launch. Here is a breakdown of its price history:

November 2021

Joe Coin hit an all-time high of $5.02 in November 2021, less than three months after it started trading on exchanges. This was the highest price paid for Joe Coin since its launch.

January 2022

Joe Coin fell to an all-time low of $0.6625 on 24 January 2022, according to cryptoassets price-tracking website CoinMarketCap.

February 2022

The Joe Coin value jumped following the launch of Rocket Joe, a token launch platform providing liquidity for newly issued tokens, on 6 February 2022. The price of Joe Coin more than doubled to $1.4031, rebounding from its all-time low in January. Despite this increase, the token remained below its 16 January 2022 peak of $1.69.

May 2024

On 27 May 2024, Joe Coin reached a 24-hour high of $0.01568 and a low of $0.01282. The price then declined, with a further drop recorded on 28 May 2024.

June 2024

On 17 June 2024, Joe Coin experienced a 2.90% price decline in the last 24 hours, with a 0.50% price increase over the past 7 days. The price of Joe Coin was BTC0.062066, with a 24-hour trading volume of $771,867.33.

August 2024

On 16 August 2024, Joe Coin's price increased by 0.34% in the last hour and 0.31% in the past 24 hours. Its price also rose by 1.04% in the past week. The current price is $0.47 per Joe Coin, with a 24-hour trading volume of $4.37 million.

Joe Coin's market cap

Joe Coin (JOE) is a meme coin created around the internet sensation "emoti guy". The live Joe coin price as of May 23, 2024, is $0.023674 USD, with a 24-hour trading volume of $2,950,290 USD. The current market cap ranking is #2707, with a live market cap of not available. The circulating supply is not available, and the max. supply is 1,000,000,000 JOE coins.

The price of Joe Coin (JOE) is calculated in real time by aggregating the latest data across 4 exchanges and 5 markets, using a global volume-weighted average formula. The market capitalization of Joe Coin (JOE) is BTC206.5946 and is ranked #1213 on CoinGecko as of June 17, 2024. Market cap is measured by multiplying token price with the circulating supply of JOE tokens (1 Billion tokens are tradable on the market today).

The fully diluted valuation (FDV) of Joe Coin (JOE) is BTC206.5946. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion JOE tokens are in circulation today. Depending on how the emission schedule of JOE tokens is designed, it might take multiple years before FDV is realized.

The total supply of JOE (JOE) is 500 million. The token was launched without a pre-sale, private sale, or pre-listing allocations. The distribution of JOE is as follows: 50% to liquidity providers, 20% to the team (with a three-month cliff), and 10% to future investors (with a three-month cliff).

Joe Coin's trading volume

Joe Coin (JOE) is the native token of Trader Joe, a decentralised exchange operating on the Avalanche blockchain. It offers a range of decentralised finance (DeFi) services, including swapping, staking, and yield farming.

The price of Joe Coin is calculated in real-time by aggregating the latest data across multiple exchanges and markets, using a global volume-weighted average formula.

The 24-hour trading volume of Joe Coin has varied in recent months. On 23 May 2024, it had a trading volume of $2,950,290. On 17 June 2024, the 24-hour trading volume was $771,867.33, representing a 20.70% increase from the previous day. The most recent data, from 16 August 2024, shows a 24-hour trading volume of $4.37 million, an increase of 0.31% from the previous day.

Joe Coin's highest ever 24-hour trading volume was $14,789,231.70, recorded on 28 August 2024. This was a 4.50% increase from the previous week.

Joe Coin's all-time high and low

Joe Coin (JOE) is the native token of Trader Joe, a decentralised exchange operating on the Avalanche blockchain. It is a meme coin created around the internet sensation "emoti guy".

As of August 2024, the all-time high for Joe Coin was recorded on either 27 May 2024 or November 21, 2021. The highest price for Joe Coin was BTC0.069995 in May 2024, according to CoinGecko. However, Coinbase reports the all-time high as $4.54, which is significantly higher than the figures reported by CoinGecko for May 2024 and November 2021.

The all-time low for Joe Coin was recorded on either 5 February 2024 or 11 August 2021. The lowest price for Joe Coin was BTC0.071586 in February 2024, according to CoinGecko. However, the current price of Joe Coin is 1,934.10% higher than this all-time low.

Joe Coin's future price prediction

Joe Coin (JOE) is the native token of Trader Joe, a decentralised exchange operating on the Avalanche blockchain. Trader Joe offers a range of decentralised finance (DeFi) services, including swapping, staking, and yield farming. JOE tokens can be used for governance on the Trader Joe platform, and holders are rewarded with a share of the exchange's revenues.

The price of Joe Coin has been volatile since its launch in September 2021. It hit an all-time high of $5.02 in November 2021, but its price has since declined, and it is currently trading at around $0.33 (as of August 2024).

Joe Coin Price Prediction for 2024:

According to price forecasts, Joe Coin's performance may improve by 2024. The average price is expected to reach $1.61, with a maximum of $2.08 if the market turns bullish. However, if the market remains bearish, the minimum price could be around $1.26.

Joe Coin Price Prediction for 2025:

Price predictions for Joe Coin in 2025 are bullish, with the potential to reach a new all-time high. The average price is forecast to be $2.64, with a maximum of $3.17 if the current growth continues. In a bearish scenario, the minimum price could be around $2.15.

Joe Coin Price Prediction for 2030:

Joe Coin is expected to have strong long-term potential due to the backing of its trading platform. The average price prediction for 2030 is $9.34, with a minimum of $8.56 and a maximum of $10.13. If there is a bull rally, Joe Coin's prices may skyrocket and surpass these predictions.

Joe Coin Price Prediction for 2035:

If the market performs well, Joe Coin could reach a new all-time high in 2035. The maximum price is predicted to be $15.19, with an average of $14.86. In a bearish scenario, the minimum price could be $13.43.

Joe Coin Price Prediction for 2040:

Joe Coin is expected to have great potential for long-term investors. The average price prediction for 2040 is $23.06, with a maximum of $25.81 in a bullish market. The minimum price is forecast to be around $21.18 if the market turns bearish.

Joe Coin Price Prediction for 2050:

Looking even further ahead, the average price of Joe Coin in 2050 is predicted to be around $48.16, with a minimum of $44.05. The maximum price could reach $50.27, especially if more investors are attracted to the project in the coming years.

In summary, Joe Coin has strong long-term potential due to its decentralised exchange platform and the backing of its community. Its price predictions show an upward trend over the next decade, indicating that it could be a good investment option for those willing to take on the risk associated with cryptocurrencies. However, it is important to remember that cryptocurrency investments are extremely high-risk, and investors should always conduct their own research before investing.

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