|All Time High:|
|Market Cap: |
|The price of #MITX today is $0.00733 USD.|
The lowest MITX price for this period was $0, the highest was $0.00733, and the current live price for one MITX coin is $0.00733344.
The all-time high MITX coin price was $0.20.
Use our custom price calculator to see the hypothetical price of MITX with market cap of BTC or other crypto coins.
|The code for Morpheus Labs crypto currency is #MITX. |
Morpheus Labs is 5.1 years old.
|The current market capitalization for Morpheus Labs is $5,133,410.|
Morpheus Labs is ranked #619, by market cap (and other factors).
|There is a modest daily trading volume on #MITX.|
Today's 24-hour trading volume across all exchanges for Morpheus Labs is $64,008.
|The circulating supply of MITX is 699,999,799 coins, which is 70% of the maximum coin supply.|
|Note that there are multiple coins that share the code #MITX, and you can view them on our MITX disambiguation page.|
More Morpheus Labs (#MITX) News
|Money Leaves ADA, SOL To Small Cap Altcoins, Here's Where It's Headed
With the crypto market rally, altcoins have benefitted just as much as bitcoin. Digital assets across the space have been able to return to their pre-FTX collapse levels, signaling the start of a bull run. However, as the market begins to settle into this new normal, investors are moving gains around from larger cap assets to take advantage of possible price movement in smaller altcoins.
Cycling Out Money To Small Cap Altcoins
A recent report from on-chain data aggregation website Santiment shows that investors may be moving money out of larger cap coins such as Cardano and Solana and moving to small cap coins. This paints a picture of a rotation of funds rather than outright pulling money out of the crypto sector.
Santiment notes that the large gains recorded by the likes of Solana, Cardano, and Polkadot are now being moved into smaller altcoins. Most of these coins are top 200 and below tokens with market caps lower than $300 million.
The cycling of funds into these smaller altcoins is shown by their address activity. The image shared by Santiment shows a significant uptick in the address activities of these coins. Most notably, the uptick was seen from last week as a lot of these larger cap coins hit new local peaks.
The small cap coins mentioned in the report are TRADE, RBN, SLP, PLSPAD, POND, MITX, MTH, and CBG. Most of these are coins flying under the radar. Ribbon Finance (RBN) which is the most prominent on the list is only at a $139.7 million market cap but has ri...