Question 1

What determines the price movement of Long Bitcoin (LONG)?

Accepted Answer

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

Question 2

What is the highest price of Long Bitcoin price in history?

Accepted Answer

Long Bitcoin achieved the all-time high of 0.75015 in 2023-12-18, and is currently trading at 0.101851.

Question 3

What is the lowest price of Long Bitcoin price in history?

Accepted Answer

Long Bitcoin reached its all-time low of  0.00000259 on 2023-05-18.

Question 4

What is the current market cap of Long Bitcoin?

Accepted Answer

The current market cap of Long Bitcoin is  , as  LONG is trading at the price of 0.101851.

Question 5

How many Long Bitcoin are there in the market?

Accepted Answer

There are currently  LONG circulating in the market. These Long Bitcoin can be actively traded or used in the open market.

Question 6

What is the maximum supply of Long Bitcoin?

Accepted Answer

The maximum supply of LONG is 21000000 , 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 Long Bitcoin?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Long Bitcoin is 2138871.0000000. The FDV is calculated taking the assumption that all supply of Long Bitcoin is circulation, multiplied by its current price of  0.101851.

Question 8

What is the price prediction of Long Bitcoin ?

Accepted Answer

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

Accepted Answer

Long Bitcoin 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 Long Bitcoin 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 Long Bitcoin.

Question 10

How to buy Long Bitcoin?

Accepted Answer

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

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