Universal ETH Information

Universal ETH has emerged as a unique player in the crypto market, aiming to bridge the gap between usability and utility. Its innovative approach seeks to enhance Ethereum's ecosystem by providing seamless transactions and scalability options. As it gains traction, Universal ETH could potentially reshape the way users interact with decentralized applications.

Universal ETH

$3,985.58

  • Current Price $ : 3985.58 $
  • Price Change 24h : 6.61 $
  • Price Change % 24h : 0.16617 %
  • Market Cap : 130691891
  • Market Cap Change % 24h : 0.16507 %

Overview of Universal ETH

Universal ETH, represented by the symbol UNIETH, is a cryptocurrency that has gained attention due to its unique proposition in the vast landscape of digital assets. As of now, it is priced at $2,851.93, reflecting a stable increase of 1.55% in the last 24 hours. The market cap stands at approximately $95 million, which demonstrates its potential for growth articulated through a supply structure that includes a total and circulating supply of 33,391.017 UNIETH tokens.

Historical Performance

Since its inception, Universal ETH has seen significant fluctuations in its value. The coin reached its all-time high (ATH) of $4,682.56 on April 5, 2024, but has since experienced a decline of about 39.1%. On the other hand, the all-time low (ATL) of $1,997 was observed on November 18, 2023, marking a 42.81% increase since that date. This volatility highlights the inherent risks associated with investing in cryptocurrencies but also presents opportunities for traders and investors looking to capitalize on price shifts.

Advantages of Universal ETH

One of the main advantages of Universal ETH is its growing ecosystem and the supportive community behind it. With a market cap nearing $100 million, there is a solid level of liquidity, allowing for easier buying and selling compared to lesser-known altcoins. Additionally, Universal ETH positions itself as an alternative to Ethereum, offering lower transaction fees and quicker confirmations, which can attract users looking for efficient blockchain solutions. The project's focus on developing decentralized applications and smart contracts further adds value as the demand for utility tokens continues to rise.

Challenges and Drawbacks

Despite its potential, Universal ETH faces several challenges. The cryptocurrency market remains highly competitive and is often influenced by market sentiments and regulatory changes, which can impact its adoption. Furthermore, the significant drop from its ATH raises concerns regarding investor confidence. New projects constantly emerge, posing challenges for existing cryptocurrencies in maintaining market share. Additionally, the limited total supply may restrict the coin's market growth if demand increases significantly.

Future Outlook

The future prospects for Universal ETH depend on several factors, including market conditions, regulatory developments, and the team's ability to execute their vision. If the project successfully expands its use cases and continues building a vibrant community, we could see a resurgence in interest that might propel its price to new heights. However, potential investors should remain cautious and consider the volatile nature of cryptocurrencies before diving in. Keeping an eye on technological advancements and market shifts will also be crucial for anyone involved in Universal ETH.

Conclusion

Overall, while Universal ETH presents a promising opportunity within the cryptocurrency space, investors should undertake thorough research and assess their risk tolerance before engaging with this asset. As the ecosystem evolves, so too might the local narrative surrounding UNIETH, potentially positioning it as a formidable player in the world of digital currencies.

from price
$3,986

General Information

Title
Universal ETH
Symbol
unieth
Whitepaper
-
Website
Community
Last Updated
2024-12-01 23:59

Price Data

Current Price $
3985.58 $
High 24h
4020.07 $
Low 24h
3937.99 $
Price Change 24h
6.61 $
Price Change % 24h
0.16617 %

Market Data

Market Cap
130691891
Total Volume
68755
Market Cap Change 24h
215379
Market Cap Change % 24h
0.16507 %
Return on Investment (ROI)
-

Supply and Availability

Circulating Supply
32790.186041623
Total Supply
32790.186041623
Max Supply
-

Historical Data

All Time High (ATH)
4682.56
ATH Change %
-14.71313 %
ATH Date
2024-04-05 10:43
All Time Low (ATL)
1997
ATL Change %
99.98002 %
ATL Date
2023-11-18 07:13