Question 1

What determines the price movement of POLYSPORTS (PS1)?

Accepted Answer

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

Question 2

What is the highest price of POLYSPORTS price in history?

Accepted Answer

POLYSPORTS achieved the all-time high of 0.033856 in 2022-04-16, and is currently trading at 0.00030099.

Question 3

What is the lowest price of POLYSPORTS price in history?

Accepted Answer

POLYSPORTS reached its all-time low of  0.0001286 on 2024-01-10.

Question 4

What is the current market cap of POLYSPORTS?

Accepted Answer

The current market cap of POLYSPORTS is  237867.58116, as 790284000 PS1 is trading at the price of 0.00030099.

Question 5

How many POLYSPORTS are there in the market?

Accepted Answer

There are currently 790284000 PS1 circulating in the market. These POLYSPORTS can be actively traded or used in the open market.

Question 6

What is the maximum supply of POLYSPORTS?

Accepted Answer

The maximum supply of PS1 is 1000000000 , 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 POLYSPORTS?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of POLYSPORTS is 300990.000000000. The FDV is calculated taking the assumption that all supply of POLYSPORTS is circulation, multiplied by its current price of  0.00030099.

Question 8

What is the price prediction of POLYSPORTS ?

Accepted Answer

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

Accepted Answer

POLYSPORTS 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 POLYSPORTS 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 POLYSPORTS.

Question 10

How to buy POLYSPORTS?

Accepted Answer

You can buy POLYSPORTS via Gate by following the steps on <0>how to buy PS1 once you have funded your account.

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