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About MEY

Mey Network (MEY) is a cryptocurrency launched in 2024. MEY has a current supply of 2.30Bn with 0 in circulation. The last known price of MEY is 0.179483672881 USD and is -0.002945330971 over the last 24 hours. It is currently trading on active market(s) with $2.68M traded over the last 24 hours. More information can be found at .
MEY Price Statistics
MEY’s Price Today
24h Price Change
-$0.0029453309711.61%
24h Volume
$2.68M6.49%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3572
MEY Market Cap
Market Cap
$0
Fully Diluted Market Cap
$412.81M
MEY Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
MEY Supply
Circulating Supply
0
Total Supply
2.30Bn
Max Supply
2.30Bn
Updated Dec 26, 2024 8:02 pm
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MEY
Mey Network
$0.179483672881
$0.002945330971(-1.61%)
Mkt Cap $0
There's nothing here for now
BTC News: Bitcoin Bulls Eye $105K as Derivatives Data Signals Strong Momentum
BTC News: Bitcoin Bulls Eye $105K as Derivatives Data Signals Strong Momentum
Bitcoin (BTC) has shown signs of resilience, with derivatives and margin data suggesting bullish sentiment despite recent price volatility. After rebounding 6.5% from a Dec. 23 low of $92,458, BTC is gearing up to retest its $98,000 resistance and potentially rally to $105,000.Key Highlights:Strong Derivatives Demand:Bitcoin futures maintain a 12% premium over spot prices, reflecting robust demand for leveraged long positions.Options market data shows put options trading at a 2% discount compared to call options, indicating minimal fear of a correction.Traditional Market Influence:The S&P 500 erased its December losses, and 10-year Treasury yields rose to 4.59%, hinting at market optimism.Higher Treasury yields reflect inflation expectations, benefiting scarce assets like Bitcoin during liquidity injections.Margin Markets Favor Long Positions:The long-to-short margin ratio at OKX stands at 25x, underscoring bullish positioning. Historical trends show ratios above 40x signal overconfidence, while levels below 5x indicate bearish sentiment.Economic Uncertainty and Stagnation Fears:Bitcoin's (BTC) correlation with the S&P 500 remains high at 64%, as concerns over economic stagnation weigh on sentiment.The Federal Reserve scaled back rate-cut projections for 2025, easing fears of immediate corporate earnings declines and real estate financing challenges.Outlook:Despite economic uncertainties and record outflows from BlackRock’s iShares Bitcoin Trust ETF (IBIT), BTC’s ability to recover from the $92,458 retest reinforces bullish momentum. Market sentiment supports a short-term rally to $105,000, with potential upside beyond this milestone.
Dec 26, 2024 7:43 pm

Frequently Asked Questions

  • What is the all-time high price of Mey Network (MEY)?

    The all-time high of MEY was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Mey Network (MEY) is 0. The current price of MEY is down 0% from its all-time high.

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  • How much Mey Network (MEY) is there in circulation?

    As of , there is currently 0 MEY in circulation. MEY has a maximum supply of 2.30Bn.

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  • What is the market cap of Mey Network (MEY)?

    The current market cap of MEY is 0. It is calculated by multiplying the current supply of MEY by its real-time market price of 0.179483672881.

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  • What is the all-time low price of Mey Network (MEY)?

    The all-time low of MEY was 0 , from which the coin is now up 0%. The all-time low price of Mey Network (MEY) is 0. The current price of MEY is up 0% from its all-time low.

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  • Is Mey Network (MEY) a good investment?

    Mey Network (MEY) has a market capitalization of $0 and is ranked #3572 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Mey Network (MEY) price trends and patterns to find the best time to purchase MEY.

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