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What was the highest and lowest price of Lumoz(MOZ) coin?
After its May 12, 2021 peak at $0.0349, Lumoz (MOZ) plummeted to an October 19, 2021 low of $0.000075 due to market conditions, platform development delays, and fierce competition.
Dec 11, 2024 at 03:42 pm
What was the highest and lowest price of Lumoz(MOZ) coin?
Lumoz (MOZ) is a cryptocurrency that is designed to be used as a medium of exchange for goods and services. It is based on the Ethereum blockchain and uses the ERC-20 token standard. MOZ was launched in 2021 and has a total supply of 100 million tokens.
Highest Price of Lumoz(MOZ) Coin
The highest price of MOZ was $0.0349 on May 12, 2021. This was just a few days after the coin was launched and there was a lot of hype surrounding it. However, the price of MOZ quickly crashed and has not been able to recover since.
Lowest Price of Lumoz(MOZ) Coin
The lowest price of MOZ was $0.000075 on October 19, 2021. This was just a few months after the coin was launched and the price had been declining steadily since its all-time high. The price of MOZ has remained very low since then and it is currently trading at around $0.0001.
Reasons for the Price Fluctuations
There are a number of factors that have contributed to the price fluctuations of MOZ. These include:
- The overall cryptocurrency market: The price of MOZ is heavily influenced by the overall cryptocurrency market. When the cryptocurrency market is bullish, the price of MOZ tends to rise. When the cryptocurrency market is bearish, the price of MOZ tends to fall.
- The development of the Lumoz platform: The Lumoz platform is still under development and there is no clear timeline for when it will be completed. The price of MOZ is likely to be affected by the development of the platform, as well as by the adoption of the platform by businesses and consumers.
- Competition: There are a number of other cryptocurrencies that are vying for market share in the medium of exchange space. The price of MOZ is likely to be affected by the competition from these other cryptocurrencies.
Conclusion
The price of MOZ has been volatile since its launch in 2021. The highest price of MOZ was $0.0349 on May 12, 2021, and the lowest price of MOZ was $0.000075 on October 19, 2021. The price of MOZ is likely to continue to fluctuate in the future, based on the developments of the platform, the overall cryptocurrency market, and competition from other cryptocurrencies.
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