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What are the highest and lowest prices in Altura(ALU) currency history?
Altura (ALU) has fluctuated significantly since 2019, with an all-time high of $1.21 on May 5, 2021, and an all-time low of $0.0133 on November 28, 2019.
Dec 06, 2024 at 08:05 pm
What are the Highest and Lowest Prices in Altura(ALU) Currency History?
Altúra (ALU) is a Proof-of-Stake (PoS) cryptocurrency that powers the Altúra Network, a blockchain platform designed for decentralized applications (dApps). ALU is the native token of the Altúra Network and is used for staking, governance, and transaction fees.
Since its inception in 2019, ALU has experienced significant price fluctuations. Here is a comprehensive analysis of the highest and lowest prices in Altura's currency history:
Highest Prices
- 1. $1.21 (May 5, 2021): ALU's all-time high was reached on May 5, 2021, amidst a surge in investor interest in PoS cryptocurrencies and the broader cryptocurrency market.
- **2. $1.17 (April 29, 2021)**: ALU reached its second-highest price of $1.17 on April 29, 2021, buoyed by positive news regarding the Altúra Network's development and partnerships.
- **3. $1.15 (March 15, 2021)**: The third-highest price of $1.15 was recorded on March 15, 2021, following the announcement of a significant update to the Altúra blockchain.
Lowest Prices
- 1. $0.0133 (November 28, 2019): ALU's all-time low was recorded on November 28, 2019, shortly after its initial launch when the cryptocurrency market was experiencing a downturn.
- **2. $0.0145 (November 23, 2022)**: ALU reached its second-lowest price of $0.0145 on November 23, 2022, in the wake of the collapse of FTX and the broader cryptocurrency market crash.
- **3. $0.0163 (June 18, 2020)**: The third-lowest price of $0.0163 was recorded on June 18, 2020, during a period of prolonged market uncertainty and low trading volume.
Factors Affecting ALU's Price
Several factors have influenced the historical price movements of Altura (ALU), including:
- Overall cryptocurrency market trends: ALU's price has been correlated with the broader cryptocurrency market, rising and falling in conjunction with Bitcoin (BTC) and Ethereum (ETH).
- Network updates and partnerships: Positive news regarding the Altúra Network's development, such as upgrades and partnerships, has often led to increases in ALU's price.
- Staking rewards: Staking ALU earns rewards, which can provide investors with additional incentives to hold the token and contribute to the network's security.
- Market sentiment: Investor sentiment and speculation can also influence ALU's price, leading to periods of volatility and price fluctuations.
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