Question 1

What determines the price movement of Hobbes [OLD] (HOBBES)?

Accepted Answer

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

Question 2

What is the highest price of Hobbes [OLD] price in history?

Accepted Answer

Hobbes [OLD] achieved the all-time high of 0.00000177 in 2023-03-28, and is currently trading at 0.000000014324.

Question 3

What is the lowest price of Hobbes [OLD] price in history?

Accepted Answer

Hobbes [OLD] reached its all-time low of  0.000000004524 on 2023-09-21.

Question 4

What is the current market cap of Hobbes [OLD]?

Accepted Answer

The current market cap of Hobbes [OLD] is  , as  HOBBES is trading at the price of 0.000000014324.

Question 5

How many Hobbes [OLD] are there in the market?

Accepted Answer

There are currently  HOBBES circulating in the market. These Hobbes [OLD] can be actively traded or used in the open market.

Question 6

What is the maximum supply of Hobbes [OLD]?

Accepted Answer

The maximum supply of HOBBES is 5000000000000 , 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 Hobbes [OLD]?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Hobbes [OLD] is 71620.0000000000000. The FDV is calculated taking the assumption that all supply of Hobbes [OLD] is circulation, multiplied by its current price of  0.000000014324.

Question 8

What is the price prediction of Hobbes [OLD] ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>Hobbes [OLD] 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 Hobbes [OLD] a good investment?

Accepted Answer

Hobbes [OLD] 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 Hobbes [OLD] 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 Hobbes [OLD].

Question 10

How to buy Hobbes [OLD]?

Accepted Answer

You can buy Hobbes [OLD] via Gate by following the steps on <0>how to buy HOBBES once you have funded your account.

Hobbes [OLD] Price

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Hobbes [OLD](HOBBES) Price Today

HOBBES Price Data

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