Question 1

What determines the price movement of Dancing Beans (BEANS)?

Accepted Answer

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

Question 2

What is the highest price of Dancing Beans price in history?

Accepted Answer

Dancing Beans achieved the all-time high of 397.45 in 2024-10-17, and is currently trading at 388.9.

Question 3

What is the lowest price of Dancing Beans price in history?

Accepted Answer

Dancing Beans reached its all-time low of  5 on 2024-09-30.

Question 4

What is the current market cap of Dancing Beans?

Accepted Answer

The current market cap of Dancing Beans is  , as  BEANS is trading at the price of 388.9.

Question 5

How many Dancing Beans are there in the market?

Accepted Answer

There are currently  BEANS circulating in the market. These Dancing Beans can be actively traded or used in the open market.

Question 6

What is the maximum supply of Dancing Beans?

Accepted Answer

The maximum supply of BEANS is 10000 , 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 Dancing Beans?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Dancing Beans is 3889000.00. The FDV is calculated taking the assumption that all supply of Dancing Beans is circulation, multiplied by its current price of  388.9.

Question 8

What is the price prediction of Dancing Beans ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>Dancing Beans 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 Dancing Beans a good investment?

Accepted Answer

Dancing Beans 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 Dancing Beans 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 Dancing Beans.

Question 10

How to buy Dancing Beans?

Accepted Answer

You can buy Dancing Beans via Gate by following the steps on <0>how to buy BEANS once you have funded your account.

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