Question 1

What determines the price movement of PenguinWak (WAK)?

Accepted Answer

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

Question 2

What is the highest price of PenguinWak price in history?

Accepted Answer

PenguinWak achieved the all-time high of 0.00008812 in 2024-01-04, and is currently trading at 0.000002.

Question 3

What is the lowest price of PenguinWak price in history?

Accepted Answer

PenguinWak reached its all-time low of  0.00000198 on 2024-03-23.

Question 4

What is the current market cap of PenguinWak?

Accepted Answer

The current market cap of PenguinWak is  , as  WAK is trading at the price of 0.000002.

Question 5

How many PenguinWak are there in the market?

Accepted Answer

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

Question 6

What is the maximum supply of PenguinWak?

Accepted Answer

The maximum supply of WAK is 100000000000 , 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 PenguinWak?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of PenguinWak is 200000.0000000. The FDV is calculated taking the assumption that all supply of PenguinWak is circulation, multiplied by its current price of  0.000002.

Question 8

What is the price prediction of PenguinWak ?

Accepted Answer

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

Accepted Answer

PenguinWak 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 PenguinWak 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 PenguinWak.

Question 10

How to buy PenguinWak?

Accepted Answer

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

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About PenguinWak (WAK)

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