77% of retail investor accounts lose money when trading CFDs with this provider.
|1 Balancer = 3.523 GBP||1 000 GBP = 283.880 BAL|
|100 Balancer = 352.26 GBP||100 000 GBP = 28,388.03 BAL|
|Currently in circulation: 41,504,138 BAL||The maximum amount of BAL in circulation: 57,474,858|
Both rise and fall of the price is an opportunity for trading. Thanks to CFD brokers, it is possible to trade even falling prices. For a trader, the worst are stable prices where it is not possible to “jump on the wave and ride it.”
Jumping on the wave means trading in the direction of the trend. Put simply, when the price is falling – trade fall; when it is rising – trade rise.
Market value and the current Balancer price
|Current price||3.52 GBP / 4.43 USD / 4.12 EUR|
|Total market value||146,118,300 GBP / 183,756,848 USD / 170,691,920 EUR|
|Price change in the last 24h||-10.24%|
|Price change in the last 7 days||-17.10%|
|Updated||Jun 10, 2023, 10.19 am|
In the last 24h, the price of the cryptocurrency Balancer has decreased by 10.24%. Overall, it can be said that there is a decreasing trend because the value of the cryptocurrency Balancer has decreased by 17.10% in the last 7 days. The total market value of the cryptocurrency Balancer as of Jan 12, 2022, is 183,756,848 USD (roughly 146,118,300 GBP), which makes it the 162th most valuable cryptocurrency in the world.
Cryptocurrencies with similar market capitalisation: Ravencoin | Compound | Swipe
|Date||BAL/USD||Price in GBP||Change in 24h|
|Jun 09, 2023||4.89 USD|
|Jun 08, 2023||4.94 USD|
|Jun 07, 2023||4.95 USD|
|Jun 06, 2023||5.08 USD|
|Jun 05, 2023||4.89 USD|
|Jun 04, 2023||5.31 USD|
|Jun 03, 2023||5.20 USD|
|Jun 02, 2023||5.35 USD|
|Jun 01, 2023||5.29 USD|
|May 31, 2023||5.17 USD|
|May 30, 2023||5.37 USD|
|May 29, 2023||5.35 USD|
|May 28, 2023||5.28 USD|
|May 27, 2023||5.22 USD|
You can open a demo account or a real money account. 77% of retail investor accounts lose money when trading CFDs with this provider.
Frequently asked questions
1️⃣ What will be the price of Balancer in a day/week/month?
Predicting the BAL price correctly is not easy. However, we prepared a technical analysis which will help you to identify whether it is better to sell or buy this cryptocurrency.
2️⃣ Can I make some money from falling prices?
Yes, you can speculate on the price fall via CFD. You can try out everything for free, you just need to choose a broker and open a demo account.
3️⃣ Is Balancer worth trading or do you recommend another cryptocurrency?
Realistically, we cannot evaluate whether or not BAL is worth trading. Each cryptocurrency is specific and it is important to know everything that affects its price. However, we believe it is always safer to trade cryptocurrencies with a higher market capitalisation. Generally, they do not experience the same fluctuations in prices as those with a lower market cap.