Melon Price PredictionsMelon(MLN) opened trading today at $9.88. It achieved a Market high of $10.29 and a subsequent Market low of $9.85, Representing a change of $0.29 and price percentage change of 2.91% . Its current Price is $10.16 representing a market share of 0.00% only.
A total volumn of $0 worth of Melon traded hands today, achieving a Maximum Mkt Cap of $10,183,695 for the day.
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Many people are looking to invest in digital assets (including Melon) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for Melon as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.
With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, Melon has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.
Melon is currently trading around $10.16. The forecast for the Melon cryptocurrency by the end of year 2018 is around $10.29 x 4. This is because following the previous highs of the Crypto market, a 4x bullrun is expected for the cryptomarket in 2018 according to our Technoical analysis. A bullrun crypto market lifts all boats and is likely to produce good returns especially for strong coins. (Read our information below on Melon to know its strength).
Furthermore, the five-year forecast for Melon is around $10.29 x 10 at the minimum. Thus, even if you’re just looking to invest for a one-year period, you would be able to make a significant amount of return. On the other hand, even if you’re looking to invest for 5 years, the investment return which you can get from these levels is enormous.
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Detailed MLN Price Predictions Videos:
Melon Fundamental Analysis
Melon FA Videos
Watch someone smart explain what Melon is and the problem it aims to solve. This should help you make an informed decision to invest or not..
The Melon protocol is a blockchain protocol for digital asset management on the Ethereum platform. It enables participants to set up, manage and invest in digital asset management strategies in an open, competitive and decentralised manner.
The usage token is called Melon token MLN and is a core component of the Melon project. It is designed to enjoy a “usage right” to the Melon protocol. To use the Melon protocol one has to use MLN token. This “usage fee” will most likely be imposed on trading.Visit website open_in_new
Melon(MLN) Daily Trading
|Current Supply||1,002,000 MLN|
|Total Supply||749,400 MLN|
|24h Volume (coin)||0 MLN|
|24h Volume (currency)||$0|
|Last updated||2018-10-18 04:16:02 +01:00 BST|
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Common MLN Price Prediction Questions
What is Melon’s potential future value?
MLN's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what Melon is and what it does. This is because Melon's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can MLN make you one?
What is going on with Melon's price?
In order not to be too rattled, read our Fundamental analysis above on Melon to know if it’s a good hodl.
How high will Melon go?
No one really knows for sure. We however predict MLN will be 4x by end of 2018.
Why is Melon(MLN) rising today?
On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of Melon to see its expected value. You can also visit Melon's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The Melon website page will quickly provide you with that value.
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Why is Melon's price going down?
It’s difficult to tell right now as the daily MLN candle hasn’t closed. Hopefully it closes above its 200EMA and signifies a reversal. However a quick way to know the reason for any sudden disruption in Melon's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for Melon, Simple click the Social Button on this page, located immediately below the Price Charts.
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