Sperax Coin Investment: Is It A Smart Move?

is sperax coin a good investment

Sperax (SPA) is a cryptocurrency that was founded in 2019 by a Silicon Valley-based blockchain company. It is a DeFi protocol built on Arbitrum that mints Sperax USD, a stablecoin featuring 'auto-yield' generation. Sperax aims to address the volatility issue that has been a hurdle for cryptocurrency adoption and provide a stablecoin that can be used as a medium of exchange without the high volatility associated with most cryptocurrencies. The current price of Sperax is $0.007039 USD, with a 24-hour trading volume of $1,212,065 USD. The live Sperax price today is down 8.43% in the last 24 hours. The current CoinMarketCap ranking is #929, with a live market cap of $11,907,336 USD. It has a circulating supply of 1,691,682,261 SPA coins and a max supply of 5,000,000,000 SPA coins. The Sperax price prediction for 2025 is between $0.006009 on the lower end and $0.028347 on the high end. So, is Sperax a good investment? Well, according to our Sperax prediction chart, the price of Sperax will increase by 0.00% and reach $0.006009 by Aug 6, 2024. Based on multiple technical quantitative indicators, the current forecast for Sperax in 2024 is bearish. This could be an indication that Sperax is a bad buy in 2024. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Sperax or not.

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Sperax's current price

Sperax, also known as SPA, is an open-source development team that was established in late 2019. The Sperax token ($SPA) is used to power a suite of DeFi applications and the first auto-yield stablecoin, $USD.

The current price of Sperax is $0.0079 per SPA, with a 24-hour trading volume of $620.59K. Sperax's price has increased by 0.39% in the last hour, but it has decreased by 0.25% in the past 24 hours. In the past week, Sperax's price has risen by 3.67%. Sperax is currently valued at 96.72% below its all-time high of $0.24. The market cap of Sperax is $13.32M, and its 24-hour trading volume is $620.59K. The current circulating supply of Sperax is 1,691,656,056.63 SPA.

Sperax's price has fluctuated over the past month, with 14/30 (47%) green days and 12.12% price volatility. The price of Sperax is predicted to rise by 227.57% and reach $0.019684 by September 4, 2024. However, it is important to note that Sperax's price is subject to change and that cryptocurrency investments carry a degree of risk.

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Sperax's price prediction for 2025

Sperax (SPA) is a governance token of the Sperax ecosystem, which is a DeFi protocol built on Arbitrum. It was founded in late 2019 to address the volatility issue that has been a hurdle for cryptocurrency adoption.

Sperax's price predictions are based on historical price movements, BTC halving cycles, and other technical analysis indicators. It's important to note that price predictions are not guaranteed and are subject to change due to various factors influencing the cryptocurrency market.

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Sperax's price prediction for 2030

Sperax, also known as SPA, is an open-source development team that was established in late 2019. The team is dedicated to creating software products based on the Sperax protocol. At the heart of Sperax is the Sperax token ($SPA), which is used to power a suite of DeFi applications and the first auto-yield stablecoin, $USDs.

Sperax's 50-day SMA (simple moving average) is currently $0.008463. The 50-day SMA indicates the average price of Sperax over a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive SPA price trend in the medium term, while a dropping SMA indicates the opposite. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.

Sperax’s 200-day SMA is currently $0.011955. The 200-day SMA is a popular indicator that’s used to determine an asset’s long-term price trend. A rising Sperax 200-day SMA indicates a positive long-term trend. Meanwhile, a falling 200-day SMA shows that SPA has been trending downwards over the long term. Many cryptocurrency traders pay close attention to the markets when the current Sperax price crosses an important moving average like the 200-day SMA. The 200-day SMA is calculated by taking Sperax’s closing prices in the last 200 days, adding them together, and dividing the total by 200.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 32.17, which indicates that the SPA market is in a neutral position. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Sperax. Most commonly, the RSI is used on a 14-day time frame. The RSI is used to gauge momentum in the market. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.

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Sperax's price prediction for 2029

Sperax (SPA) is a governance token of the Sperax ecosystem, which is a DeFi protocol built on Arbitrum. Sperax's price has been volatile, and it is currently trading below its all-time high of $0.24. As of August 2024, the price of Sperax is around $0.0070 - $0.0079 per SPA.

According to Wallet Investor, Sperax's price prognosis for 2029-03-24 is $0.0199. This prediction suggests a long-term increase, with a 5-year investment expected to yield a +22.09% return.

CoinCodex predicts that the Sperax price in 2029 will be between $0.0353 and $0.0410. This prediction is based on the assumption that Sperax will continue to grow and gain wider adoption.

DigitalCoinPrice predicts that Sperax will cross a price level of $0.0394 in 2029. Their model suggests that the minimum price could be $0.0353, while the maximum price could reach $0.0410.

Coindataflow's experimental model predicts that Sperax's value in 2029 could be as high as $0.0724, with a range of $0.0268 - $0.0724. This forecast is based on the assumption that Sperax will continue to grow and gain wider adoption.

It is important to note that cryptocurrency markets are highly volatile and unpredictable. These predictions should not be considered financial advice, and thorough research is recommended before making any investment decisions.

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Sperax's price prediction for tomorrow

Sperax (SPA) is a cryptocurrency token that powers a suite of DeFi applications and the first auto-yield stablecoin, $USDs. Sperax was founded in late 2019 with the goal of addressing the volatility issue that has been a hurdle for cryptocurrency adoption. The Sperax protocol mints Sperax USD - a stablecoin featuring 'auto-yield' generation.

The current price of Sperax is $0.007039 USD, with a 24-hour trading volume of $1,212,065 USD. The price of Sperax has decreased by 8.43% in the last 24 hours. The current market cap of Sperax is $11,907,336 USD, with a circulating supply of 1,691,682,261 SPA coins and a max supply of 5,000,000,000 SPA coins.

According to a price prediction analysis, the price of Sperax is expected to increase by 0.00% and reach $0.006009 by tomorrow, 29 August 2024. The Sperax price forecast for the next 30 days is based on the positive and negative trends in the past 30 days. The analysis predicts that Sperax will be changing hands at $0.00892 on 12 August 2024, gaining 48.45% in the process.

It is important to note that the cryptocurrency market is highly volatile and unpredictable. This price prediction for Sperax is based on historical data and current market conditions. The actual price of Sperax tomorrow may differ from the predicted price. Investors should always conduct their own research and invest at their own risk.

Frequently asked questions

Sperax, also known as SPA, is an open-source development team that was established in late 2019. The team is dedicated to creating software products based on the Sperax protocol. Sperax is a DeFi protocol built on Arbitrum that mints Sperax USD, a stablecoin featuring ‘auto-yield’ generation.

The live price of Sperax is $0.007039 USD, with a 24-hour trading volume of $1,212,065 USD. The price of Sperax has decreased by 8.43% in the last 24 hours.

The current market cap of Sperax is $11,907,336 USD. A high market cap implies that the asset is highly valued by the market.

Sperax is currently experiencing a bearish trend, with the Fear & Greed Index showing 26 (Fear). The Sperax price prediction for 2025 is between $0.006009 on the lower end and $0.028347 on the high end. Sperax would need to gain 16,440.51% to reach $1. According to our algorithmically generated price prediction, the price of SPA is expected to decrease by 227.57% in the next month. Based on this information, it is not currently profitable to invest in Sperax.

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