Question 1

What determines the price movement of MORK (MORK)?

Accepted Answer

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

Question 2

What is the highest price of MORK price in history?

Accepted Answer

MORK achieved the all-time high of 14.79 in 2021-11-23, and is currently trading at 0.158955.

Question 3

What is the lowest price of MORK price in history?

Accepted Answer

MORK reached its all-time low of  0.063198 on 2023-10-14.

Question 4

What is the current market cap of MORK?

Accepted Answer

The current market cap of MORK is  1538660.5567500002, as 9679850 MORK is trading at the price of 0.158955.

Question 5

How many MORK are there in the market?

Accepted Answer

There are currently 9679850 MORK circulating in the market. These MORK can be actively traded or used in the open market.

Question 6

What is the maximum supply of MORK?

Accepted Answer

The maximum supply of MORK is ∞ , 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 MORK?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of MORK is 1589550.0000000. The FDV is calculated taking the assumption that all supply of MORK is circulation, multiplied by its current price of  0.158955.

Question 8

What is the price prediction of MORK ?

Accepted Answer

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

Accepted Answer

MORK 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 MORK 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 MORK.

Question 10

How to buy MORK?

Accepted Answer

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

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