Backpack BP
Current Price
$1.24 -1.34%
$0.1200 Daily Range (9.68%)
$1.17$1.29
$9.81M Daily Volume
114 BTC
Vol/MktCap: 3.18%
Market Performance
0.06% Relative BTC Volume
The total volume of Backpack is $9.81M over the past 24 hours, compared to $15.92B total Bitcoin volume.
Hourly Moving Average
8 SMA $1.25 -1.05%
13 SMA $1.26 -1.69%
21 SMA $1.25 -0.70%
55 SMA $1.24 -0.29%
144 SMA $1.27 -2.48%
Price Performance
+0.91% 1 Hour Change
$1.24 from $1.23
-14.79% 7 Day Change
-$0.1834 from $1.42
+42.85% 14 Day Change
$0.5314 from $0.7086
+182.32% 30 Day Change
$2.26 from -$1.02
All Time High
October 1, 2026
$1.65 -25.03%
-$0.4131 vs. now
24H Change
-4.21M USD -1.34%
-49 BTC
Volume and Supply
Total Supply: 1.00B BP 
250.00M BP Available25.00% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
49.77 x BTC Supply50:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
7.98M BP
traded over past 24 hours
3.19% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Backpack AI Market Analysis
Overall, BP merits a Hold rating. The evidence is mixed: strong gains over 14 and 30 days contrast with a sharp seven-day pullback and weak 24-hour performance, while the supplied short-term indicators do not show a clear rebound signal.
BP is trading at $1.24, down 3.46% over 24 hours, within a range of $1.17 to $1.29. The price is slightly above the range midpoint, but that positioning does not offset the daily decline or establish a directional breakout.
The hourly moving averages are all above the current price: the 8-period and 144-period averages are $1.27, the 13-period is $1.26, and the 21- and 55-period averages are $1.25. Their listed deviations are negative, consistent with near-term price weakness; however, the averages are clustered closely around the current price, so the data indicate limited separation rather than a large gap.
Momentum measures are mixed across timeframes. The 1-hour RSI of 46 is below the neutral midpoint, while the seven-day RSI of 50 is neutral, offering neither a strong oversold signal nor clear evidence of bullish momentum.
The 7-day price change is -12.30%, a meaningful setback, but the 14-day change remains +46.66% and the 30-day change is +187.66%. Those gains support a positive broader-period picture, although they do not eliminate the risk that the recent decline represents continued short-term pressure.
BP’s reported all-time high is $1.65, dated October 1, 2026, compared with the current $1.24, about 24.8% lower. This shows a substantial retreat from the recorded peak, but the supplied figures do not establish whether the price is stabilizing or likely to recover.
Reported 24-hour volume is 10,011,609, and volume-to-market-cap is 3.23%; without comparable historical figures, these readings cannot confirm whether participation is strengthening or fading. The primary case for Hold is the conflict between substantial 14- and 30-day gains and clear short-term weakness, with neutral RSI readings providing no decisive confirmation in either direction.
BP is trading at $1.24, down 3.46% over 24 hours, within a range of $1.17 to $1.29. The price is slightly above the range midpoint, but that positioning does not offset the daily decline or establish a directional breakout.
The hourly moving averages are all above the current price: the 8-period and 144-period averages are $1.27, the 13-period is $1.26, and the 21- and 55-period averages are $1.25. Their listed deviations are negative, consistent with near-term price weakness; however, the averages are clustered closely around the current price, so the data indicate limited separation rather than a large gap.
Momentum measures are mixed across timeframes. The 1-hour RSI of 46 is below the neutral midpoint, while the seven-day RSI of 50 is neutral, offering neither a strong oversold signal nor clear evidence of bullish momentum.
The 7-day price change is -12.30%, a meaningful setback, but the 14-day change remains +46.66% and the 30-day change is +187.66%. Those gains support a positive broader-period picture, although they do not eliminate the risk that the recent decline represents continued short-term pressure.
BP’s reported all-time high is $1.65, dated October 1, 2026, compared with the current $1.24, about 24.8% lower. This shows a substantial retreat from the recorded peak, but the supplied figures do not establish whether the price is stabilizing or likely to recover.
Reported 24-hour volume is 10,011,609, and volume-to-market-cap is 3.23%; without comparable historical figures, these readings cannot confirm whether participation is strengthening or fading. The primary case for Hold is the conflict between substantial 14- and 30-day gains and clear short-term weakness, with neutral RSI readings providing no decisive confirmation in either direction.
Updated 146 minutes ago. AI can make mistakes. Do not use this information to make actual financial or investment decisions.