The live TeslaCoin price today is $0.0089 per TES/USD, with a 24-hour trading volume of $55.34K. Over the past day, the price has remained stable, showing a change of 0.00%. Market capitalization data is currently unavailable, and the circulating supply is listed as zero. Real-time price updates are essential for tracking this digital asset’s performance.
⚠️ Limited Market Activity:
This asset shows low liquidity or trading volume, which can affect price stability and execution for traders.
Understanding TeslaCoin (TES)
TeslaCoin, identified by the ticker symbol TES, was introduced to advance the vision of sustainable and decentralized energy. The project aims to create a fully solar-powered mining pool, significantly reducing carbon emissions. By leveraging blockchain technology, this peer-to-peer altcoin supports renewable energy initiatives and promotes a decentralized model for green energy projects.
Founded in 2014, TeslaCoin operates on a blockchain framework similar to other major cryptocurrencies. Its core mission is to contribute to a sustainable world through innovation in energy and digital currency.
TeslaCoin Market Performance
| Timeframe | Price Change | % Change |
|---|---|---|
| Today | 0 | 0 |
| 30 Days | -0.022226 | -19.92% |
| 60 Days | -0.025948 | -39.93% |
| 90 Days | -0.011274 | -58.75% |
Recent performance highlights a downward trend over the medium to long term. While the price remained unchanged in the last 24 hours, the past three months show a decline of over 58%. This signals notable volatility and potential market challenges.
Low trading volume can exacerbate price swings, making it important for interested participants to monitor market depth and order book activity. For those looking to explore more strategies regarding digital assets with similar goals, understanding market mechanics is key.
Factors Influencing TeslaCoin’s Value
The value of TeslaCoin is influenced by several factors, including market sentiment, adoption of renewable energy technologies, and overall conditions in the cryptocurrency space. As a project centered on sustainability, developments in green energy policy and technological advancements can also impact its price.
Additionally, trading activity, investor interest, and liquidity play crucial roles. Low liquidity often leads to higher volatility, which can present both risks and opportunities. It’s advisable to use reliable platforms to view real-time tools and data for making informed decisions.
Frequently Asked Questions
What is the current price of TeslaCoin (TES) in USD?
As of the latest update, TeslaCoin is priced at $0.0089. Prices fluctuate frequently based on market supply and demand.
How is the price of TeslaCoin determined?
The price is primarily determined by trading activity on supported exchanges, influenced by factors like market sentiment, liquidity, and broader cryptocurrency trends.
What is TeslaCoin’s 24-hour trading volume?
The 24-hour trading volume for TeslaCoin is $55.34K. This relatively low volume indicates limited market activity.
What was TeslaCoin’s highest and lowest price in the last 24 hours?
In the past 24 hours, the price has remained stable at $0.0089, with no recorded high or low deviations.
What is TeslaCoin’s circulating supply?
The circulating supply is currently listed as zero. This may indicate a lack of updated data or specific tokenomics.
How has TeslaCoin’s price changed over the past months?
Over the past 90 days, TeslaCoin has decreased in value by nearly 60%, reflecting a bearish trend for this asset.