In the fast-developing sphere of cryptocurrency, a new intruder is on the scene and it is becoming the center of attention among both investors and ardent fans. Referring to the token RAMON, this is Ramon who has made considerable headway recently in the digital currency market with a good price record and also the assurance of gains in the future.
At the moment, its price is $0.002421, and, whether you believe it or not, its growth is absolutely fantastic. The coin not only arrived but was able to get the top spot with a 20.11% price gain in just one day. This is why this particular cryptocurrency is now being seen by most crypto lovers in a different light, some of whom are saying that it is the best in its niche, whereas others are predicting that its days will be numbered in the highly unpredictable sector.
Ramon’s market capitalization is currently at $2.42 million, as it has withstood the recent price change. At the same time, Ramon is successful in that it has kept its market capitalization figure the same despite the price fluctuation. The price of a security over a given period of time that did not change remains constant, in this case, we refer to it as the standoff in the market cap but still, the equilibrium point is no demand pressure to raise prices.
The 24-hour trading volume of the coin stands at $134,930 which is a 4.52% increase. In essence, the coin with a larger number of trades per day is now definitely in motion and not just boringly stagnating in an illiquid state. The factor that triggered the greater interest in trading volume for Ramon in 24h was the rise of nearly 5%.
A major item on the analytics agenda to which all eyes are directed is the volume-to-market capitalization ratio, striking the figure of 5.57%. It is the volume-to-market capitalization ratio that helps to find out whether a coin is liquid or not, in reality, it indicates a token if its value is going up or down, the number of shares that are traded daily.
At present, the total supply of Ramon is at 999.99 million coins while the highest amount the coin can reach is 1 billion. One foolproof way to prevent inflation of money and ensure a steady increase in value over time is the limited supply of coins, the strategy almost every cryptocurrency used.
Interestingly, the self-declared circulating supply matches the total one at 999.99 million RAMON. This picture of the supply is usually preferred by the investors to be clear about the distribution of the asset and the dilution potential.
The fully diluted valuation (FDV) of Ramon is also $2.42 million, which is the same as its current market cap. This confluence of the market cap and FDV implies that all tokens are in the market, and the former can be considered a good sign for the latter ones who are concerned about the dilution in the future.
Just like a general cryptocurrency, potential investors in Ramon should tread lightly and do the necessary research. The digital currency market is notorious for being very volatile and uncertain, which is one of the reasons why Ramon has done well, still, one should think about the broader market context and possible risks.
The group behind Ramon is yet to comment on the recent price changes or their future plan for the coin in the open. As much as the crypto community is thirsty for more details, the rumors still revolve around the potential use cases and the foundation of Ramon.
The point is that any digital currency’s success usually relies on its capability to surely tackle real-life problems or include certain functions that are not presented in the others of the thousands of the digital assets that are available. As Ramon becomes more popular, onlookers will be very interested to learn how it can achieve its differentiation and how it will bring a valuable proposition to the industry.
Ramon’s success in the upcoming months and weeks will be vital if it is to make the most of the recent trend and secure a place in the crypto environment for a long time. The crypto market observers will keep a close watch on core metrics such as the rate of acceptance, the level of development activity, and the number of partnerships to measure the viability of the coin’s long-run success.
Even as more maturity is brought into the digital asset market, coins like Ramon simultaneously face both opportunities and challenges. Regulation, technology, and market sentiment are the factors determining the future of cryptos. The journey Ramon will embark on this vast field can be an opportunity to understand the trend in finance and the technology sector from a broader perspective.
To sum up, Ramon’s recent activity is something that has been noticed by all the cryptocurrency players. Its strong growth within days and a stable presence on the market has made it interesting for those who are dealing with the complicated and never-ending subject of the digital assets. Like before, time will decide whether Ramon’s energy can be sustainable or not and if it will be able to find a permanent space in the crypto verse that is expanding every time.
