The Gains Network price is $3.41, a change of -4.15% over the past 24 hours as of 1:19 a.m. The recent price action in Gains Network left the tokens market capitalization at $111,737,244.32. So far this year, Gains Network has a change of 10.01%. Gains Network is classified as a Computing under CoinDesks Digital Asset Classification Standard (DACS).
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While bitcoin is currently in a consolidation period, an analysis of past cycles suggests that gains can be expected after 2024’s halving event, one data firm said.
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The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains.
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The decline in activity in the network is partly because of the adoption of layer 2 networks, and the trend will continue in the near term, according to IntoTheBlock.
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The latest price moves in crypto markets in context for Sept. 22, 2023.
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CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN – with up to six decimal places of accuracy. Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets. World currency prices are based on rates obtained via Open Exchange Rates.
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