Question 1

What determines the price movement of Metal Friends (MTLS)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like Metal Friends.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Metal Friends, collectively known as <0>fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Metal Friends. By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Metal Friends on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Metal Friends. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Metal Friends and the broader cryptocurrency market.

Question 2

What is the highest price of Metal Friends price in history?

Accepted Answer

Metal Friends achieved the all-time high of 0.00030353 in 2022-12-09, and is currently trading at 0.00001682.

Question 3

What is the lowest price of Metal Friends price in history?

Accepted Answer

Metal Friends reached its all-time low of  0.00001543 on 2023-02-05.

Question 4

What is the current market cap of Metal Friends?

Accepted Answer

The current market cap of Metal Friends is  8410.0, as 500000000 MTLS is trading at the price of 0.00001682.

Question 5

How many Metal Friends are there in the market?

Accepted Answer

There are currently 500000000 MTLS circulating in the market. These Metal Friends can be actively traded or used in the open market.

Question 6

What is the maximum supply of Metal Friends?

Accepted Answer

The maximum supply of MTLS is ∞ , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

Question 7

What is the fully diluted market cap (or FDV) of Metal Friends?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Metal Friends is 16820.000000000. The FDV is calculated taking the assumption that all supply of Metal Friends is circulation, multiplied by its current price of  0.00001682.

Question 8

What is the price prediction of Metal Friends ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>Metal Friends price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Question 9

Is Metal Friends a good investment?

Accepted Answer

Metal Friends offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Metal Friends and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and <0>do your own research (DYOR) before investing in Metal Friends.

Question 10

How to buy Metal Friends?

Accepted Answer

You can buy Metal Friends via Gate by following the steps on <0>how to buy MTLS once you have funded your account.

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About Metal Friends (MTLS)

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