RyuJin (RYU) is a cryptocurrency currently trading at approximately **$0.000000004849 USD**, with a 24-hour trading volume of around $22,785. Over the past day, its price has experienced a slight decrease of about 1.68%. This article provides a comprehensive overview of its key metrics, supply dynamics, and essential resources for tracking its performance.
RyuJin (RYU) Key Market Metrics
Current Price and Trading Volume
As of the latest data, the live RyuJin price is:
- $0.000000004849 USD
- 0.00000000000004655 BTC
The 24-hour trading volume indicates the total market activity for RYU tokens during this period. Despite the modest volume, even minor trades can influence the price due to the token's current valuation.
Supply Metrics
Understanding the supply distribution is crucial for evaluating any cryptocurrency's potential scarcity and future value.
- Circulating Supply: 963,849.99 billion RYU
- Max Supply: 1,000,000 billion RYU
- Total Supply: 1,000,000 billion RYU
The near-maximum supply already in circulation suggests a fully launched token with limited new issuance, which can be a factor in its price stability.
How to Track RyuJin Price Movements
Monitoring live price charts is essential for any investor or enthusiast. These charts visualize price trends over different timeframes, helping identify patterns and potential support or resistance levels.
Staying updated with real-time data allows for more informed decisions rather than relying on outdated information. 👉 View real-time cryptocurrency charts
Market Sentiment
The overall feeling or attitude of the market toward a cryptocurrency can significantly impact its short-term price movements. While specific sentiment indicators for RYU are not always available, general community discussion on social media and trading platforms can provide valuable insights.
Essential RyuJin Resources
For those looking to delve deeper into RyuJin, several key resources are available.
Social Channels and Community
Engaging with the project's official social media channels is one of the best ways to stay informed about developments, partnerships, and announcements that could affect the token's price.
Contract Address
For developers, traders, and those looking to interact with the token directly, the contract address is vital information, especially for adding the token to a Web3 wallet.
- Ethereum Contract Address:
0xca530408c3e552b020a2300debc7bd18820fb42f
Always double-check contract addresses from official sources to avoid scams and fraudulent tokens.
Analyzing RYU Price Statistics
Beyond the live price, other statistics help paint a fuller picture of the token's market position.
All-Time High and All-Time Low
At this stage, specific all-time high and all-time low data for RYU may not be established or widely reported, which is common for newer or very low-market-cap tokens. This lack of historical extreme data means the token is still in a price discovery phase.
Using a Currency Converter
A currency converter tool is invaluable for quickly understanding the value of RYU in your local fiat currency. For instance:
- 1 RYU = $0.000000004849 USD
Remember that the conversion rate is for reference only and can change rapidly based on market conditions.
Frequently Asked Questions
What is RyuJin (RYU)?
RyuJin is a cryptocurrency token. Its specific use case and project goals should be researched through its official communications, as this information can define its long-term utility and value proposition.
How can I buy RyuJin?
RYU tokens can typically be purchased on cryptocurrency exchanges that list them. The process usually involves creating an exchange account, depositing funds, and executing a buy order for RYU. Always ensure you are using a reputable platform.
Why is the price of RYU so low?
A very low price per token is often a function of a very large total supply. The market capitalization (price multiplied by circulating supply) is a better indicator of the project's overall value and size in the market compared to other cryptocurrencies.
What does circulating supply mean?
Circulating supply refers to the number of tokens that are publicly available and circulating in the market. It excludes tokens that are locked, reserved, or not yet released to the public.
Is RyuJin a good investment?
All cryptocurrency investments carry risk, especially tokens with lower market caps and trading volumes. It is essential to conduct thorough research (DYOR), understand the project's fundamentals, and assess your risk tolerance before investing.
Where can I store my RYU tokens?
Since RYU is an Ethereum-based token (as indicated by its contract address), it can be stored in any wallet that supports ERC-20 tokens, such as MetaMask, Trust Wallet, or Ledger hardware wallets.