Question 1

What determines the price movement of Egoras Credit (EGC)?

Accepted Answer

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

Question 2

What is the highest price of Egoras Credit price in history?

Accepted Answer

Egoras Credit achieved the all-time high of 798.25 in 2022-04-03, and is currently trading at 1.25.

Question 3

What is the lowest price of Egoras Credit price in history?

Accepted Answer

Egoras Credit reached its all-time low of  1.022 on 2023-10-19.

Question 4

What is the current market cap of Egoras Credit?

Accepted Answer

The current market cap of Egoras Credit is  3750.0, as 3000 EGC is trading at the price of 1.25.

Question 5

How many Egoras Credit are there in the market?

Accepted Answer

There are currently 3000 EGC circulating in the market. These Egoras Credit can be actively traded or used in the open market.

Question 6

What is the maximum supply of Egoras Credit?

Accepted Answer

The maximum supply of EGC is 500000 , 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 Egoras Credit?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Egoras Credit is 625000.000. The FDV is calculated taking the assumption that all supply of Egoras Credit is circulation, multiplied by its current price of  1.25.

Question 8

What is the price prediction of Egoras Credit ?

Accepted Answer

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

Accepted Answer

Egoras Credit 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 Egoras Credit 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 Egoras Credit.

Question 10

How to buy Egoras Credit?

Accepted Answer

You can buy Egoras Credit via Gate by following the steps on <0>how to buy EGC once you have funded your account.

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