Enzyme (MLN) Logo Thumb Enzyme MLN

Rank #365 Cryptocurrency

Price Enzyme (MLN)
191,067.9178   -3.63334%

Market Cap. : IDR 452,078,167,500 -3.63334%

Enzyme Price Live Data

The live Enzyme price today is IDR 191,067.9178 with a 24-hour trading volume of IDR 216,506,310,100. We update our MLN to price in real-time. Enzyme is -3.63334% in the last 24 hours. The current ranking is #365, with a live market cap of IDR 452,078,167,500. It has a circulating supply of 2,366,070 MLN coins and a max. supply of 0 MLN coins.

If you would like to know where to buy Enzyme , the top cryptocurrency exchanges for trading in Enzyme stock are currently Binance, OKEx, CoinFLEX, and CoinTiger.

Chart Enzyme to IDR


What is Enzyme (MLN)?

"MLN is an Ethereum token that powers Enzyme (formerly known as Melon Protocol), a protocol that aims to facilitate on-chain asset management for the DeFi ecosystem. MLN allows users to build, share, and explore DeFi investment strategies (called “vaults”) while filtering by historical performance and risk profiles. MLN is used to pay for various functions throughout the vault creation process and investment lifecycle."

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Buying tips Enzyme (MLN)

The combination of technical and non-technical analysis is very important before deciding to buy a crypto asset, in this case Enzyme (MLN). Technically you can combine several indicators to get the right formula for determining the entry point Enzyme. For example, you can use the MACD indicator to find the ideal crossover point, then combine it with the RSI to measure the saturation point of sellers and buyers.

Besides technical, non-technical factors also need to be analyzed. "News" can affect the price of an asset both in the short and long term, good news or a new project from Enzyme can lead to positive sentiment which results in an increase in the exchange rate in trading. On the other hand, bad news from Enzyme can have a depreciating effect on the asset's value. Apart from this, news or policies related to the global economy can also affect the value of Enzyme. So make sure you have analyzed these factors before starting to trade.

In addition to entry points, you should also know when is the best time to sell Enzyme. So when is the right time? the following are brief tips.

  • When the price Enzyme is high, the first moment that could be a good time to sell Enzyme is when the price the asset is high. It should be noted that in investing there is a rule that investors need to remember, namely 'Buy When Cheap and Sell When Expensive'.
  • Prices Enzyme Rise In the Short Term, Very fast price fluctuations make investors Enzyme too need to periodically monitor the price of a coin. Because, there is some momentum where crypto coins can experience price spikes in a short time. For those of you who use the PRO and PREMIUM tradingpoint features, you will get a notification(*) if Enzyme experiences a significant increase. Well, if you get the time, then it's a good time to sell some of the Enzyme owned. But usually, this condition occurs for small coins where the per-coin price range is not too high.
  • Trading volume Enzyme high, Price increase & decrease chart Enzyme can also be monitored through the transaction cycle happens to a crypto asset.

Those are some brief tips that you can use as parameters in buying or selling Enzyme, of course, besides that there are many other indicators that you can use to trade/invest.