The eUSDe launched by Ethena Labs (in collabo...

There are two perspectives on how the price of TRKX is determined.

Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of TRKX. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect TRKX's value.

Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of TRKX based on past trends, based on the principle that 'history tends to repeat itself.' Price action of TRKX is also affected by news, announcements, and the general sentiment of the community.

While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of TRKX.

TRKX reached an all-time high of $0.08408 in 2024-10-15, while its current trading price is $0.0006632.

TRKX reached its historical low of $0.0006437 in 2024-10-15.