In-depth analysis of REQ coin price fluctuations

In the world of digital currencies, REQ coin, as a relatively niche crypto asset, has attracted the attention of many investors with its price fluctuations. By analyzing the highest and lowest prices of REQ coin in history, we can not only understand its market performance, but also gain insight into the pulse and trend of the entire cryptocurrency market. This article will explore the price history of REQ coin in detail and reveal the reasons and influencing factors behind it.

REQ coin, full name Request Network, is a decentralized payment network based on Ethereum that aims to enable users to trade safely and quickly. Since its launch in 2017, REQ coin has experienced many price fluctuations, showing strong market activity. Its highest price reached about $1.1 in 2018, while its lowest price fell to around $0.01 during the market downturn. This price range not only reflects the market potential of REQ coin, but also highlights the risk of the cryptocurrency market.

Looking back on the history of REQ coin, the reasons for its price fluctuations can be analyzed from multiple dimensions. First of all, market sentiment is an important factor affecting cryptocurrency prices. At the end of 2017, with the surge in the price of Bitcoin, the entire crypto market was hot. In this wave of enthusiasm, the price of REQ coins also rose, reaching a maximum of $1.1. During this period, investors' optimism drove a large amount of capital inflows, and coupled with the technical background and team strength of REQ coins, the market was full of expectations for its future development.

However, the prosperity of the market is often accompanied by the risk of bubbles. Entering 2018, with the gradual tightening of regulatory policies and the gradual cooling of the market, the price of REQ coins began to fall sharply. The enthusiasm at the beginning of 2018 gradually subsided, and investors' enthusiasm for cryptocurrencies also significantly diminished, and the price of REQ coins fell to a low of $0.1. At this time, many investors began to reflect on whether REQ coins really have the intrinsic value to support their high prices.

In addition to market sentiment, technological progress and project progress are also important factors affecting the price of REQ coins. In 2019, the Request Network team launched a series of new features, including support for payments in multiple currencies and a more user-friendly interface, which enhanced the use value of REQ coins. These positive developments also stimulated the market's rebound, and the price of REQ coins rebounded again in early 2020, reaching a high of $0.3.

However, the price fluctuations of REQ coins were not smooth sailing. In the second half of 2020, with the rise of DeFi (decentralized finance), a large number of new competing projects appeared in the market, and the attention of REQ coins gradually declined, and the price fell back to around $0.05 again. This phenomenon not only reflects the pressure of REQ coins in market competition, but also highlights the rapid changes in the cryptocurrency market. Investors must always be vigilant.

When analyzing the price fluctuations of REQ coins, the impact of the global economic situation cannot be ignored. The outbreak of the global epidemic in 2020 has severely impacted the economies of various countries, and investors' risk aversion has spread, resulting in capital outflows from high-risk assets. At this time, REQ coins were not spared, and their prices fell sharply in a short period of time. At the same time, as central banks of various countries adopt loose monetary policies, a large amount of funds flow into the financial market, and the volatility of cryptocurrencies has increased, and REQ coins are also on the cusp.

Looking ahead, the price trend of REQ coins will be affected by multiple factors. First of all, the continuous innovation of technology is an important guarantee for its price increase. If the Request Network team can continue to make technological breakthroughs and enhance the competitiveness of its platform, it will actively support the price of REQ coins. In addition, the overall market environment, policy changes, and investor sentiment will have a direct impact on the price of REQ coins. Especially in the context of the gradual recovery of the global economy, digital currency, as an emerging asset, may usher in new development opportunities.

When investing in REQ coins, investors should remain rational and fully understand its market characteristics and potential risks. Although REQ coins have experienced peaks and troughs in history, the technical value and application scenarios behind them are still to be discovered. For investors who want to gain a foothold in the cryptocurrency market, it is crucial to deeply study the fundamentals of each digital asset and pay attention to the progress of the projects behind it.

In short, the price fluctuations of REQ coins reflect the complexity and variability of the entire cryptocurrency market. By analyzing its historical highs and lows, we can not only gain insight into its market performance, but also draw lessons from it to guide future investment decisions. With the rapid development of digital currencies, the future of REQ coins is full of uncertainty, but also contains infinite possibilities. I hope that every investor can stay rational, make wise choices, and seize their own opportunities on this challenging road.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

REQ coin is a utility program token that grants access to payment requests. According to the investigation of the Coin Circle editor, the issue price of REQ coin is $0.066, the crowdfunding price is $0.066, the issue time is October 21, 2017, the total issue is 1 billion, the circulation is 730 million, and its circulation rate is 72.97%. According to the latest market data, as of 14:17 on August 24, 2021, the price of REQ coin is $0.3506, its return on investment has reached 431.21%, its circulation market value is $255 million, and its global ranking is 108th. So what is the highest price of REQ coin? Let the Coin Circle editor bring you an introduction to the historical highest and lowest prices of REQ coin.

 Introduction to the historical highest and lowest prices of REQ coin

According to the latest market data, the highest price of REQ coin is $1.1840, which appeared on January 6, 2018, and its lowest price is $0.004303, which appeared on March 13, 2020. The circulation market value of REQ coin is $255 million, and the 24-hour trading volume is $139 million. It has been listed on 15 exchanges. From the current data, the market circulation of REQ coin is still good.

REQ coin is the token of Request
Network platform. Request is a decentralized global payment network based on blockchain, which allows everyone to initiate payment requests to others, and the recipient can pay safely, and the information is stored in the blockchain. Request not only wants to be a payment method, it aims at global trade. It integrates universal ledgers and tries to be universal and support world trade without worrying about currency, law and other differences. And with payment as the core, it integrates existing accounting, auditing, taxation, etc. through blockchain technology to achieve real-time and efficient automated execution. In addition, it wants to prepare for the future of artificial intelligence and IoT. Based on Ethereum, it allows any party to initiate any payment request and realize automatic transactions under the premise of meeting legal requirements.

 What is REQ coin used for?

1. B2B invoices

Companies exchange billions of invoices every year, most of which are still sent in physical form or by email, which must be copied and archived. This leads to many errors, especially in the case of prepayment rules and tax conditions.

With Request
, companies can share these bills directly through the ledger; there is no need to copy invoices, and accounting systems can operate immediately and get instant updates. Companies waiting for payment will immediately notice the delay in payment, but this will become less and less as the invoice payment system develops. Companies can choose the most appropriate date to pay after receiving the request.

2. Online payment

For example, you need to provide a credit/debit card to make a purchase on Amazon, which will expose sensitive information. Alternatively, you can choose Request when paying, and the user's data will be protected. Amazon will post a request on the 
Request
network, and then the user's account will detect the request and the user will confirm the payment. This transaction has the lowest cost and will not expose payment information. At the same time, by providing a payment verification process before payment occurs, this payment method can also help people avoid hidden service fees that may be required during credit/debit card payments. Request
truly gives people the right to pay.

In summary, this is the answer to the question of what is the highest price of REQ coin by the editor of the Coin Circle. I hope that the introduction of the historical highest and lowest prices of REQ coin by the editor of the Coin Circle can help investors understand the REQ coin more objectively and comprehensively. The editor of the Coin Circle reminds all investors here that the REQ coin has been launched in 2018. Although the voice in the early stage is relatively high, due to the lack of subsequent efforts, the trading volume is not very good and the popularity is not high. Therefore, all friends who want to invest should consider carefully and must invest after fully understanding the investment risks of this coin.