Question 1

What determines the price movement of My DeFi Legends (DLEGENDS)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like My DeFi Legends.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of My DeFi Legends, 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 My DeFi Legends. By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of My DeFi Legends 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 My DeFi Legends. 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 My DeFi Legends and the broader cryptocurrency market.

Question 2

What is the highest price of My DeFi Legends price in history?

Accepted Answer

My DeFi Legends achieved the all-time high of 0.01715779 in 2021-08-28, and is currently trading at 0.00009298.

Question 3

What is the lowest price of My DeFi Legends price in history?

Accepted Answer

My DeFi Legends reached its all-time low of  0.00001501 on 2024-03-03.

Question 4

What is the current market cap of My DeFi Legends?

Accepted Answer

The current market cap of My DeFi Legends is  , as  DLEGENDS is trading at the price of 0.00009298.

Question 5

How many My DeFi Legends are there in the market?

Accepted Answer

There are currently  DLEGENDS circulating in the market. These My DeFi Legends can be actively traded or used in the open market.

Question 6

What is the maximum supply of My DeFi Legends?

Accepted Answer

The maximum supply of DLEGENDS 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 My DeFi Legends?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of My DeFi Legends is 22919.5671157464530. The FDV is calculated taking the assumption that all supply of My DeFi Legends is circulation, multiplied by its current price of  0.00009298.

Question 8

What is the price prediction of My DeFi Legends ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>My DeFi Legends 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 My DeFi Legends a good investment?

Accepted Answer

My DeFi Legends 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 My DeFi Legends 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 My DeFi Legends.

Question 10

How to buy My DeFi Legends?

Accepted Answer

You can buy My DeFi Legends via Gate by following the steps on <0>how to buy DLEGENDS once you have funded your account.

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