Question 1

What determines the price movement of SILVER (SILVER)?

Accepted Answer

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

Question 2

What is the highest price of SILVER price in history?

Accepted Answer

SILVER achieved the all-time high of 0.000000000000665238 in 2024-07-27, and is currently trading at 0.000000000000071615.

Question 3

What is the lowest price of SILVER price in history?

Accepted Answer

SILVER reached its all-time low of  0.000000000000021997 on 2024-02-16.

Question 4

What is the current market cap of SILVER?

Accepted Answer

The current market cap of SILVER is  , as  SILVER is trading at the price of 0.000000000000071615.

Question 5

How many SILVER are there in the market?

Accepted Answer

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

Question 6

What is the maximum supply of SILVER?

Accepted Answer

The maximum supply of SILVER is 420690000000000000 , 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 SILVER?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of SILVER is 30127.71435. The FDV is calculated taking the assumption that all supply of SILVER is circulation, multiplied by its current price of  0.000000000000071615.

Question 8

What is the price prediction of SILVER ?

Accepted Answer

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

Accepted Answer

SILVER 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 SILVER 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 SILVER.

Question 10

How to buy SILVER?

Accepted Answer

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

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