Current Market Performance
SuperFarm (SUPER) is currently trading at $0.6588, reflecting a notable increase of 4.71% over the past 24 hours and a 7.58% rise this week. The cryptocurrency holds a market capitalization of $320.74 million, with a circulating supply of 487.98 million tokens.
Key Statistics
- Fully Diluted Cap: $658.81M
- 24-Hour Range: $0.6053 - $0.6653
- Weekly Range: $0.5748 - $0.6916
- 52-Week Range: $0.3679 - $2.27
Technical Analysis Insights
Daily technical indicators for SUPER present a mixed sentiment among traders. The 14-day Relative Strength Index (RSI) sits at 39.00, indicating a neutral market condition. Similarly, the STOCH(9,6) value of 21.32 suggests a balance between buying and selling pressures.
Here is a breakdown of key technical indicators:
Oscillators
- RSI(14): 39.00 (Neutral)
- STOCH(9,6): 21.32 (Neutral)
- STOCHRSI(14): 23.79 (Sell)
- MACD(12,26): -0.03146 (Neutral)
- Williams %R: -85.18 (Buy)
Moving Averages
- SMA20: 0.6537 (Sell)
- SMA50: 0.7283
- SMA100: 0.6254
- SMA200: 0.8918
These metrics suggest that while some indicators point toward selling pressure, others hint at potential buying opportunities, making it crucial for investors to conduct thorough research.
Trading Availability and Liquidity
SuperFarm (SUPER) is actively traded across multiple platforms, with 42 trading pairs available on 12 exchanges. Leading the volume are Binance and Huobi, which recorded 24-hour trading volumes of $2.88 million and $1.97 million, respectively. This broad availability ensures ample liquidity for traders looking to enter or exit positions.
The token is supported on several blockchain networks, including Ethereum, Binance Smart Chain, and Polygon, providing flexibility for users across different ecosystems.
Understanding SuperFarm’s Ecosystem
SuperFarm is a innovative cross-chain DeFi protocol designed to enable users to deploy cryptocurrency and NFT farms without requiring any coding knowledge. Through a suite of visual tools, projects can create customized farms that incentivize specific behaviors, such as rewarding liquidity providers or offering exclusive access to services via utility NFTs.
A significant milestone for SuperFarm was its partnership with Animoca Brands, a major player in the NFT space. This collaboration aims to expand the ecosystem and enhance its offerings, aligning with the growing interest in NFTs, which saw over $350 million in sales recently.
The project’s mission to merge the best aspects of DeFi and NFTs positions it at the forefront of blockchain innovation, catering to the increasing demand for accessible and functional digital asset solutions.
Frequently Asked Questions
What is SuperFarm (SUPER)?
SuperFarm is a cross-chain protocol that facilitates the creation of crypto and NFT farms without coding. Its native token, SUPER, is used within the ecosystem for transactions and incentives, supporting networks like Ethereum and Binance Smart Chain.
How can I buy SuperFarm tokens?
SUPER tokens are available on multiple exchanges, including Binance and Huobi, with various trading pairs. You can explore more strategies for acquiring and managing digital assets on these platforms.
What factors influence SUPER’s price?
Market sentiment, overall cryptocurrency trends, project developments, and technical indicators all impact SUPER’s value. Recent partnerships and growing NFT adoption have also played significant roles in its performance.
Is SuperFarm a good investment?
As with any cryptocurrency, investing in SUPER involves risks based on market conditions and project progress. Its innovative approach to DeFi and NFTs offers potential, but investors should assess their risk tolerance and stay informed.
Can I stake SuperFarm tokens?
Yes, SuperFarm allows staking to earn rewards, incentivizing participation in the ecosystem. The protocol’s no-code tools make it accessible for users to engage in staking activities easily.
Where can I find the latest SuperFarm updates?
For real-time information and community discussions, following SuperFarm’s official Twitter and exploring their documentation provides insights into recent developments and future plans. To get advanced methods for tracking updates, consider using portfolio management tools.