Overview of BUXCOIN (BUX)
BUXCOIN (BUX) is a cryptocurrency that has been in the market since December 1, 2019. As of the latest data, the current price of BUX stands at $0.000108. The trading volume over the past 24 hours is approximately $1, indicating very low market activity. The circulating supply of BUX is 454,049,813 tokens, and the total supply is the same, with no data available on the maximum supply. The market capitalization is around $49 thousand, ranking it #5509 among cryptocurrencies.
The price range for the last 24 hours was between $0.000108 and $0.000108, showing no volatility during this period. Compared to the opening price, the value has remained unchanged. However, over the past 30 days, the price has decreased by about 10.01% from its highest point but increased by 8.75% from its lowest point.
BUXCOIN is currently traded on one exchange platform. The all-time high price for BUX was $1.72, which represents a decrease of 99.99% from the current price. Over the past 52 weeks, the lowest and highest prices were $0.0000459 and $0.000560, respectively.
Detailed Price Performance
Short-Term Performance
- 1-Hour Change: +0.00% against USD, +0.30% against BTC, and +0.19% against ETH.
- 24-Hour Change: 0% against USD, -0.44% against BTC, and -0.52% against ETH.
- Weekly Change: +8.75% against USD, +6.50% against BTC, and +2.22% against ETH.
Medium to Long-Term Performance
- Monthly Change: -8.48% against USD, -11.81% against BTC, and -6.90% against ETH.
- Yearly Change: +52.90% against USD, -15.15% against BTC, and +97.19% against ETH.
These metrics indicate that while BUX has seen some positive movement over the year, it has struggled in the shorter term, especially against major cryptocurrencies like Bitcoin and Ethereum.
Market Capitalization and Fully Diluted Valuation
The market capitalization of BUXCOIN is calculated based on the circulating supply and the current price, resulting in approximately $49 thousand. The Fully Diluted Valuation (FDV), which assumes all tokens are in circulation, is also $49 thousand since the total supply is already fully circulating. This suggests no further tokens are left to be minted or released.
Trading and Liquidity
BUXCOIN is traded on a single exchange, which may contribute to its low liquidity and trading volume. The 24-hour trading volume of $1 highlights the lack of active trading, making it a highly illiquid asset. Investors should be cautious due to the potential difficulties in buying or selling large amounts without significantly impacting the price.
Historical Price Analysis
The historical data shows that BUX reached its peak price of $1.72 shortly after its launch but has since experienced a dramatic decline. The current price is only a fraction of its all-time high, reflecting a loss of over 99.99% in value. Over the past 52 weeks, the price has fluctuated between $0.0000459 and $0.000560, indicating high volatility relative to its price level.
Technical Analysis Indicators
Technical analysis provides insights into market sentiment and potential price movements. Here are some key indicators for BUX:
- RSI (14): 49.97, indicating a neutral market condition.
- Commodity Channel Index (20): 55.03, also neutral.
- Average Directional Index (14): 75.65, suggesting a sell signal due to strong trend strength.
- Williams Percent Range (14): -0.11, indicating overbought conditions.
- Ultimate Oscillator: 75.65, signaling a sell.
Moving Averages
- Short-Term: EMA (10) at $0.000106 suggests a buy signal, while SMA (10) is unavailable.
- Medium-Term: EMA (20) at $0.000107 indicates a buy, but SMA (20) is not available.
- Long-Term: EMA (30, 50, 100, 200) all show sell signals, with values ranging from $0.000110 to $0.000115.
These indicators suggest mixed signals, with short-term moving averages favoring buys but long-term trends indicating selling pressure.
Return on Investment (ROI) and Volatility
Understanding the historical returns and volatility helps assess the risk and reward profile of BUX:
- 3-Month ROI: -2.72%
- 6-Month ROI: -22.57%
- 12-Month ROI: +52.90%
- Volatility: 0% for 3, 6, and 12 months, indicating no price movement in recent periods.
- Maximum Drawdown: -100.00%, highlighting the extreme risk of loss.
- Win Rate: 46.91% of days were profitable.
The ROI figures show that while the annual return is positive, the shorter-term returns are negative, and the volatility metrics suggest unusual stability, which may be due to low trading activity.
Frequently Asked Questions
What is BUXCOIN (BUX)?
BUXCOIN is a cryptocurrency launched in 2019. It has a fixed supply of 454 million tokens and is primarily used for transactions within its platform.
How can I buy BUXCOIN?
BUX is available on one exchange. You can purchase it by creating an account on the supported platform and trading against other cryptocurrencies or fiat currencies. 👉 Explore trading platforms for digital assets
What factors influence BUX's price?
The price is affected by market demand, trading volume, overall crypto market trends, and project developments. Low liquidity can lead to high volatility.
Is BUXCOIN a good investment?
Given its low market cap, minimal trading volume, and significant price decline from all-time highs, BUX is considered high-risk. Investors should conduct thorough research and consider their risk tolerance.
What is the future supply of BUX?
The total supply is already in circulation, so no new tokens will be created. This means the supply is fixed, which could impact price if demand changes.
How does BUX compare to other cryptocurrencies?
BUX ranks very low in terms of market cap and trading activity. It may not have the same level of adoption or utility as major cryptocurrencies like Bitcoin or Ethereum.
Conclusion
BUXCOIN (BUX) is a low-cap cryptocurrency with limited market presence. Its price has experienced significant declines since inception, and trading activity is minimal. Technical indicators show mixed signals, and the investment profile is high-risk due to low liquidity and volatility. Potential investors should exercise caution and perform detailed due diligence before considering any investment in BUX. For those interested in tracking such assets, 👉 access real-time market data and analysis tools to stay informed.