Question 1

What determines the price movement of Monke ($MONKE)?

Accepted Answer

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

Question 2

What is the highest price of Monke price in history?

Accepted Answer

Monke achieved the all-time high of 0.000000679156 in 2024-04-28, and is currently trading at 0.000000051901.

Question 3

What is the lowest price of Monke price in history?

Accepted Answer

Monke reached its all-time low of  0.000000007477 on 2024-01-05.

Question 4

What is the current market cap of Monke?

Accepted Answer

The current market cap of Monke is  358116.9, as 6900000000000 $MONKE is trading at the price of 0.000000051901.

Question 5

How many Monke are there in the market?

Accepted Answer

There are currently 6900000000000 $MONKE circulating in the market. These Monke can be actively traded or used in the open market.

Question 6

What is the maximum supply of Monke?

Accepted Answer

The maximum supply of $MONKE is 6900000000000 , 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 Monke?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Monke is 358116.9000000000000. The FDV is calculated taking the assumption that all supply of Monke is circulation, multiplied by its current price of  0.000000051901.

Question 8

What is the price prediction of Monke ?

Accepted Answer

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

Accepted Answer

Monke 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 Monke 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 Monke.

Question 10

How to buy Monke?

Accepted Answer

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

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