Question 1

What determines the price movement of FLEX Coin (FLEX)?

Accepted Answer

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

Question 2

What is the highest price of FLEX Coin price in history?

Accepted Answer

FLEX Coin achieved the all-time high of 12.32 in 2023-08-07, and is currently trading at 0.162717.

Question 3

What is the lowest price of FLEX Coin price in history?

Accepted Answer

FLEX Coin reached its all-time low of  0.00047299 on 2020-08-04.

Question 4

What is the current market cap of FLEX Coin?

Accepted Answer

The current market cap of FLEX Coin is  16054462.830267219, as 98664938.6988896 FLEX is trading at the price of 0.162717.

Question 5

How many FLEX Coin are there in the market?

Accepted Answer

There are currently 98664938.6988896 FLEX circulating in the market. These FLEX Coin can be actively traded or used in the open market.

Question 6

What is the maximum supply of FLEX Coin?

Accepted Answer

The maximum supply of FLEX is 98735764.894 , 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 FLEX Coin?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of FLEX Coin is 16065987.456256998. The FDV is calculated taking the assumption that all supply of FLEX Coin is circulation, multiplied by its current price of  0.162717.

Question 8

What is the price prediction of FLEX Coin ?

Accepted Answer

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

Accepted Answer

FLEX Coin 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 FLEX Coin 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 FLEX Coin.

Question 10

How to buy FLEX Coin?

Accepted Answer

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

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