Question 1

What determines the price movement of Social Capitalism (SOCAP)?

Accepted Answer

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

Question 2

What is the highest price of Social Capitalism price in history?

Accepted Answer

Social Capitalism achieved the all-time high of 30.07 in 2022-10-16, and is currently trading at 5.83.

Question 3

What is the lowest price of Social Capitalism price in history?

Accepted Answer

Social Capitalism reached its all-time low of  0.907492 on 2022-06-22.

Question 4

What is the current market cap of Social Capitalism?

Accepted Answer

The current market cap of Social Capitalism is  , as  SOCAP is trading at the price of 5.83.

Question 5

How many Social Capitalism are there in the market?

Accepted Answer

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

Question 6

What is the maximum supply of Social Capitalism?

Accepted Answer

The maximum supply of SOCAP is 150000000 , 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 Social Capitalism?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Social Capitalism is 874500000.000. The FDV is calculated taking the assumption that all supply of Social Capitalism is circulation, multiplied by its current price of  5.83.

Question 8

What is the price prediction of Social Capitalism ?

Accepted Answer

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

Accepted Answer

Social Capitalism 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 Social Capitalism 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 Social Capitalism.

Question 10

How to buy Social Capitalism?

Accepted Answer

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

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