Penpie came into being on  June 21, 2023, 7:33 am, after which the crypto garnered significant attention. PNP has a maximum supply of ?. The asset’s current price is $2.422

In the ever-so volatile and turbulent world of cryptocurrencies, we will be diving into Penpie history price data looking at major highs and lows throughout the years.

Given below is a price chart of Penpie that shows the open price, close price, high price, and low price over a certain time period. The chart aims to highlight the volatility and price change in Penpie accurately.

Penpie price action is affected by multiple factors, but there are certain metrics that help us analyze PNP price in a clearer manner. Given below are a few fundamental indicators that provide a clearer idea of how price action can be affected based on volumes, supply, distribution, sentiment, and other metrics.

Trading Volume (USD): The trading volume of PNP was 15664. An asset’s daily trading volume represents the number or amount of assets traded on a specific day.

Daily Active Addresses: The ? is the number of addresses that have been part of a transaction on Penpie in the last 24 hours. Penpie ‘s total active address count is around ?.

Supply Distribution On Exchanges: In the last 24 hours 41410365.248236 PNP are currently held on exchanges. A higher supply on exchanges points towards liquidity and potential for trading activity among retailers.
Supply on exchanges can often be higher during sudden bull market or bear market situations where traders might want to buy or sell assets.

Supply Distribution Outside Exchanges: In the last 24 hours, 41926634.751764 PNP were held outside exchanges. Supply distribution outside exchanges usually represents assets that could be held for a longer term in cold storage/wallet.

A higher supply outside exchange or a sudden increase in this supply often indicates longer-term holders strengthening their portfolios and pointing towards a long-term bullish trend for the asset.

Transaction Volume Change (1D): The transaction volume of an asset is the volume of inflow or outflow in the past 24 hours. The transaction volume of Penpie changed by 0 in the last 24 hours.

Mostly, a higher transaction volume suggests more activity in the market or higher optimism among users/traders.

Number Of Transactions (24h): Penpie number of transactions in the last 24 hours shows the daily number of transactions completed on the Penpie network.

Generally, an increased demand for the asset or more optimism in the space for the project can lead to a rise in the number of transactions thereby acting positively for the native currency.

Number Of Transactions (7D): Penpie number of transactions in the last 7 days represents the number of transactions completed on the Penpie network in the last 7 days.

Usually, increased demand for the asset or more optimism in the space for the project can lead to a rise in the number of transactions, a weekly trend shows a more sustained bullish or bearish trend for the asset.

Market Cap USD Change (1D): The change in market capitalization reflects the shift in the overall valuation of Penpie. In the last 24 hours, the market cap change was around -0.025325891923.

Total Value Locked: The total value locked or allows investors to determine the total value (usually in USD) of a particular asset locked, or staked, on its blockchain.

A higher TVL signifies a more secure and valuable network and more confidence from participants in the project. The total TVL of Penpie currently stands at 0.07245229.

Penpie price action is often in news due to the volatile nature of cryptocurrencies. Many analysts, websites and traders constantly aim to decode crypto price action analyzing various trends, indicators and metrics.

Through the wide range of indicators and their descriptions, we will aim to better understand where this crypto’s price action can move.

Currently, Penpie price is $2.422. The crypto had an all time low price of $1 at the moment while the all time high price of this crypto as of now was $?.

A look at the asset’s  addresses in loss and profit  shows us the total number of addresses in profit and their percentage as well as the total number of addresses in loss and their percentage. This also gives the idea that the break-even price is generally a price at which an investor suffers no profit or loss. The break-even price is usually the buying price of the asset

Penpie price forecasts and predictions in the market often rely on technical, fundamental, and on-chain analysis, a deep understanding of the crypto market, and an educated guesswork. Given below is Penpie's future price prediction trajectory based on market analysis and estimated ROIs over the last couple of years.

The social sentiment of an asset is key in assessing the psychology of the crowd around that crypto and the positions they hold in the market. Social sentiments indicate the ‘vibe’ of the crypto on social media platforms. It indicates the sentiment or general feeling around Penpie at a certain time.

Active Users: The number of users currently engaging on various social media platforms for Penpie was {social_active_users}. A higher number of active users represents more optimism in the crowds for that crypto.

Fear and Greed Index: The fear and greed index measures the sentiment in the market among holders and users. Generally, when the indicator points towards ‘fear’, it means that price action is either bearish or has undergone some sell-offs, while too much ‘greed’ reflects euphoria in the market and buying sentiment amid traders/investors. Currently, the fear and greed index for  Penpie is at 78.

Social Volume Changes (1D): The change in social volume reflects the shift in the social audience in the past 24 hours. It reflects upon the content that mentions Penpie on different social media platforms.

The 24-hour social volume change is 0. If social volumes go lower it means that crowds are losing interest in the project or crypto while an increase in the same suggests heightened interest in it.

Total Positive Sentiment: The Total Positive Sentiment indicator highlights all the optimistic conversations around an asset on all social media combined. At the moment the total positive sentiment for Penpie was around 0.

Social volume Reddit: The social volumes on Reddit signify the total number of content that mentions or talks about Penpie on Reddit.

At the moment, Penpie ‘s social volume on Reddit was around {social_volume_reddit}. Higher volumes on social media usually indicate more conversation around the asset or hype for that crypto on a particular platform.

Number of holders: This indicator represents the number of people/organizations holding or investing in a particular crypto at the moment. In this case, the total number of entities holding Penpie currently is about 9. A higher number of holders is usually a long-term bullish sign and indicates investors/traders' confidence in the project.

Circulation: The circulation metric reflects the number of unique coins or tokens being used during the said time period. So the one-day circulation would show the number of unique coins or tokens that were transacted during that particular day. Currently, the 1-day circulation for PNP was ?.

Gini Index: The Gini index assesses or measures the distribution of wealth or coins within the cryptocurrency’s ecosystem. Thus, looking at the distribution of the crypto’s holdings among addresses or users, the indicator provides an interesting insight into the concentration of wealth within the ecosystem between different cohorts. At the moment, the Gini index of Penpie was at ?.

Age Consumed: The age consumed indicator shows the total amount of tokens changing addresses at a given time, multiplied by the time since they last moved. At the moment the total age consumed of  Penpie is around ?. Spikes on the graph signal a large amount of tokens moving after being idle for an extended period of time.

Annual inflation rate: The annual inflation rate metric gives the percentage change in the price of an asset over a given time period vs the change in the asset over the same time a year ago. This metric gives an idea of the price change on an annual basis. The annual inflation rate of Penpie at the time is ?%.

A look at the historical price volatility data and major price movements of Penpie, suggests that price can move. Penpie has given an ROI of 2.42%% since its inception.

If one held PNP one year ago to this date, they might have achieved a return of 2.42%%. However, with the fluctuating market landscapes, the highlighted volatility of PNP's price hints towards an increase to N/A, by the end of 2024.

The average price of PNP in 2024 is estimated to be around $2.21. On an optimistic note, Penpie could go as high as $N/A. On the lower circuit, PNP is not expected to go below $N/A.

Based on the current sentiment analysis of Penpie we can spot that the market is currently pivoting towards Extreme Greed. Fear & Greed Index was at 78.

The price of Penpie has changed by 0.53494108% in the last 1-hour. The change in price over the last one day or 24 hours has been 6.40955329% while the week-on-week price change of the asset is around 0%.

The 24-hour volume depicts the daily trade volumes of Penpie which were about 81377.53629239 currently. The change in volume since yesterday is around 50.2031. A rise in volume usually points towards more vibrant markets and higher trading among retailers, while slower market days usually see a lot fewer trade volumes.

At the moment, indicators are predicting a move towards the $2.567 price level over the next quarter. In the next six months, we can expect Penpie to climb towards $2.713 if all goes well.

Price action indicators provide essential data and metrics used to conduct fundamental, technical, and on-chain analysis. It is pivotal to consider these indicators to forecast Penpie’s future performance. These indicators include Penpie's, market capitalization, current price, trading volume, circulating supply, and other indicators.

Penpie coin/token is also often referred to as PNP. The current price of the asset oscillated at $2 while the market capitalization stood at $2748941. Currently, the crypto ranked 1480 in the overall crypto market with a fully diluted market cap $24223647.4.

Trading volume, a key characteristic of market volatility, was around $15664 in the last 24 hours. On a more vibrant day when traders are active (due to bullish or bearish factors), we can spot more activity in the market. This can be further broken down into exchange volumes for a better understanding of market dynamics.

Further, the circulating supply and maximum supply also have a direct impact on Penpie price, its own price prediction, and its scarcity and demand. PNP has a fixed/no fixed supply of ? PNP while the circulating supply stands at 1,505,920.01 PNP.

Based on technical analysis, on-chain analysis, and other variables that we monitor, the estimated high for 2024 is N/A while the estimated low for the year is N/A. PNP is likely to be near $2 by the end of the year. PNP price prediction for 2024 is dependent on several factors, the primary ones include price history, regulatory actions, and geo-political issues.

Note: These values are estimated using past data and are not absolute predictions. The tables are updated regularly as new data unfolds, so it's advisable to check back frequently for the more recent figures.

For 2025, the estimated high is $3 and the low is $2.000. The average PNP price is likely to hover around the $3.000 mark. Notwithstanding these estimates, PNP price will be near $3 by the end of 2025. PNP price prediction 2025 will depend on mid-long-term market conditions, price history, and other factors.

Note: These values are estimated using past data and are not absolute predictions. The tables are updated regularly as new data unfolds, so it's advisable to check back frequently for the more recent figures.

Projections based on past data show that in 2026, PNP could go as high as $4 or as low as $3.000. At the same time, the average price in 2026 is expected to be near $4.000. For (2026), PNP price predictions will display significant influence from the broader global market, not just the US crypto market.

In 2027 PNP could climb as high $5 or could plummet to $4.000 on the other end of the spectrum, if bears take control. We expect PNP to flirt with the $4.000 throughout that year. PNP price predictions for 2027 will likely be influenced by analysts’ overall mid to long-term take on market conditions.

In 2028, PNP could rise to $7 with the average price at around $6.000. On the other hand, we expect PNP to hit the lower price range of $5.000 if bearish tones set in. The PNP 2028 price prediction could incorporate a long-term outlook of the crypto and traditional finance market. Note that the next US presidential elections are likely to be held in 2028 and could have a significant impact on price action.

For the year 2029, according to our prediction, PNP could witness a high of $8. While it could also dip to a low of $7.000. The average price in 2029 is expected to hover around the $7.000 mark. PNP’s 2029 price prediction is a long-term forecast dependent on market conditions and the aftermath of the political activity of the preceding year.

Note: These values are estimated using past data and are not absolute predictions. The tables are updated regularly as new data unfolds, so it's advisable to check back frequently for the more recent figures.