Question 1

What determines the price movement of Predictcoin (PRED)?

Accepted Answer

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

Question 2

What is the highest price of Predictcoin price in history?

Accepted Answer

Predictcoin achieved the all-time high of 35.92 in 2022-01-29, and is currently trading at 0.387504.

Question 3

What is the lowest price of Predictcoin price in history?

Accepted Answer

Predictcoin reached its all-time low of  0.160881 on 2023-06-24.

Question 4

What is the current market cap of Predictcoin?

Accepted Answer

The current market cap of Predictcoin is  33712.848, as 87000 PRED is trading at the price of 0.387504.

Question 5

How many Predictcoin are there in the market?

Accepted Answer

There are currently 87000 PRED circulating in the market. These Predictcoin can be actively traded or used in the open market.

Question 6

What is the maximum supply of Predictcoin?

Accepted Answer

The maximum supply of PRED 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 Predictcoin?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Predictcoin is 38750.4000000. The FDV is calculated taking the assumption that all supply of Predictcoin is circulation, multiplied by its current price of  0.387504.

Question 8

What is the price prediction of Predictcoin ?

Accepted Answer

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

Accepted Answer

Predictcoin 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 Predictcoin 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 Predictcoin.

Question 10

How to buy Predictcoin?

Accepted Answer

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

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