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TürkçeSigma Information
Sigma aims to revolutionize the way we think about decentralized finance by providing a seamless and efficient platform for users. This innovative cryptocurrency emphasizes security and scalability, making it an attractive option for both investors and developers. As the market continues to evolve, Sigma's unique approach could play a pivotal role in the next generation of blockchain technology.
Understanding Sigma: A Comprehensive Overview
Sigma has emerged as an interesting player in the cryptocurrency market, capturing the attention of investors and enthusiasts. With a current price of approximately $0.094, Sigma offers a unique profile characterized by its market cap of roughly $84.9 million and a circulating supply of nearly 900 million coins. In this article, we delve deeper into Sigma's history, advantages, disadvantages, and future outlook.
Historical Performance of Sigma
The journey of Sigma has been quite dynamic. Since its inception, Sigma has experienced significant fluctuations in price and market sentiment. The all-time low (ATL) of $0.0038, recorded in August 2024, paints a stark contrast to its recent all-time high (ATH) of $0.099, achieved just recently. This remarkable increase of over 2,300% from its ATL indicates a growing interest and investment in this cryptocurrency.
In the last 24 hours alone, Sigma has witnessed a price change of approximately 10.67%, suggesting that market dynamics around it are quite volatile yet vibrant. With a total trading volume of about $5.75 million in the same period, Sigma is certainly making waves, drawing traders looking to take advantage of short-term opportunities.
Advantages of Sigma
There are several compelling advantages to consider when evaluating Sigma as a potential investment:
- Strong Growth Potential: The impressive rise from its ATL to its recent ATH signals robust growth potential, attracting both speculative and long-term investors.
- Active Development Community: Sigma benefits from a dedicated development team that frequently engages with its user base and is committed to the coin's continual improvement and adaptation in the market.
- Low Market Cap: With its current market cap below $100 million, Sigma presents opportunities for growth, especially compared to larger, more established cryptocurrencies.
Challenges and Risks Facing Sigma
While Sigma has many positive attributes, it also faces certain challenges and risks that potential investors should be aware of:
- Market Volatility: The price fluctuations of Sigma are indicative of the broader volatility seen in the cryptocurrency market, which can lead to unpredictable investment outcomes.
- Lack of Long-Term Adoption: Although the coin has shown significant price appreciation, long-term adoption and use cases must be sustained to ensure ongoing demand and value retention.
- Regulatory Risks: As with all cryptocurrencies, regulatory scrutiny could pose a threat to Sigma's ability to thrive. Changes in government policies regarding cryptocurrency could impact its market viability.
Future Prospects for Sigma
Looking into the future, Sigma's prospects appear cautiously optimistic. Given its recent market traction and the positive engagement from its development team, there are several potential scenarios to consider:
- Increased Adoption: If Sigma can secure partnerships and integrations that enhance its usability, it may appeal to a broader audience and increase adoption rates.
- Technological Advancements: Continuous improvements to the Sigma platform can attract developers and elevate the coin's status in the competitive cryptocurrency landscape.
- Market Positioning: Sigma's ability to position itself as a unique alternative to other established coins could help it carve out a niche in the market.
In conclusion, Sigma offers a fascinating opportunity within the cryptocurrency space, marked by its significant price appreciation and growth potential. However, the inherent risks and market volatility require careful consideration before making investment decisions. As always, potential investors should conduct thorough research and stay informed about market trends and developments surrounding Sigma.
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from price
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General Information |
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Title
Sigma
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Symbol
sigma
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Whitepaper
-
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Website
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Community
-
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Last Updated
2024-11-13 23:52
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Price Data |
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Current Price $
0.117511
$
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High 24h
0.124435
$
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Low 24h
0.099127
$
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Price Change 24h
-0.0030385648041954
$
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Price Change % 24h
-2.5206
%
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Market Data |
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Market Cap
105741931
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Total Volume
10643926
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Market Cap Change 24h
-2727290.974979
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Market Cap Change % 24h
-2.51435
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
899849200.01526
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Total Supply
899849200.01526
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Max Supply
900000000
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Historical Data |
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All Time High (ATH)
0.172153
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ATH Change %
-31.6727
%
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ATH Date
2024-11-10 10:56
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All Time Low (ATL)
0.00383501
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ATL Change %
2967.20198
%
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ATL Date
2024-08-12 01:03
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