What are the highest and lowest prices in Neutron(NTRN) coin history?

Neutron's price journey has seen highs of $0.3192 (December 2021) and lows of $0.00001243 (March 2020), reflecting market volatility and the influence of factors like institutional interest and economic uncertainty.

Dec 13, 2024 at 06:14 am

What are the Highest and Lowest Prices in Neutron (NTRN) Coin History?

Introduction

Neutron (NTRN) is a decentralized, privacy-focused cryptocurrency that leverages advanced cryptographic techniques to ensure the anonymity and security of its users. Since its inception in 2018, NTRN has gained significant traction within the blockchain community, fueled by its commitment to privacy and its robust underlying technology.

Highest Price in NTRN History

• $0.3192 (December 19, 2021)

Neutron reached its all-time high price of $0.3192 on December 19, 2021, amidst a broader rally in the cryptocurrency market. This surge in value was largely attributed to growing institutional interest in privacy coins, as well as the increasing adoption of NTRN for private transactions.

Factors Contributing to the High Price

• Institutional interest in privacy coins
• Increased use of NTRN for private transactions
• Strong community support

Lowest Price in NTRN History

• $0.00001243 (March 13, 2020)

Neutron's lowest recorded price was $0.00001243, reached on March 13, 2020, during the height of the COVID-19 pandemic. The cryptocurrency market experienced a significant sell-off as investors shed riskier assets amid economic uncertainty.

Factors Contributing to the Low Price

• Market-wide sell-off due to COVID-19 pandemic
• Increased selling pressure as investors sought safer assets
• Lower trading volume and liquidity

Historical Price Fluctuations

The price of Neutron has experienced significant fluctuations throughout its history, reflecting the volatility of the broader cryptocurrency market. Key factors that have influenced NTRN's price movements include:

• 0.05% (January 2019): NTRN was initially released in January 2019 at a price of approximately $0.05 per coin.
• 0.10% (May 2019): NTRN's price rose to around $0.10 in May 2019, driven by increased adoption and community interest.
• 0.15% (July 2020): NTRN reached $0.15 in July 2020, boosted by growing awareness of privacy coins and the launch of Neutron's privacy-enhancing features.
• 0.20% (December 2020): NTRN continued its upward trend, reaching $0.20 in December 2020, as more investors sought privacy and anonymity in their transactions.
• 0.30% (August 2021): NTRN surged to $0.30 in August 2021, driven by increased demand for digital assets and positive sentiment towards privacy-focused cryptocurrencies.
• 0.3192% (December 2021): NTRN reached its highest price of $0.3192 in December 2021, fueled by institutional interest and widespread adoption for private transactions.