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There are two perspectives on how the price of MPI is determined.

Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of MPI. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect MPI's value.

Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of MPI based on past trends, based on the principle that 'history tends to repeat itself.' Price action of MPI is also affected by news, announcements, and the general sentiment of the community.

While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of MPI.

MPI reached an all-time high of $0.008 in 2023-03-16, while its current trading price is $0.0001634.

MPI reached its historical low of $0.0000602 in 2023-03-16.