Price Trend Analysis of Currency $SOPH
Current Market Data
Last Price: $0.07088
Previous Price in 24 Hours: $0.07286
Percentage Change in 24 Hours: -2.72%
Highest Price in 24 Hours: $0.07615
Lowest Price in 24 Hours: $0.06859
Trading Volume in 24 Hours: $26,111,686.12
Funding Rate: 0.008
Open Interest: $156,377,860
Analysis
The price of currency $SOPH has experienced a slight decline of 2.72% over the past 24 hours, indicating market volatility. However, there is still a large trading volume, demonstrating ongoing activity from traders.
Major News Related to Currency $SOPH
20 million SOPH tokens were received by 20 DWF Labs for trading, which may affect liquidity in the market.
SOPH rose by 2.8% in the last 24 hours, indicating increased interest from traders.
Positive Outlook
#binance has launched SOPH trading pairs, which may increase market access.
SOPH was launched by Aevo, which may boost interest in the currency.
Plans have been announced for the launch of SOPH token, with additional details to come.
Summary
Current data shows that SOPH is experiencing price volatility, with some positive news that may support the market. However, there are also some negative news that may affect confidence in the currency.
