Question 1

What determines the price movement of SORA Synthetics (XST)?

Accepted Answer

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

Question 2

What is the highest price of SORA Synthetics price in history?

Accepted Answer

SORA Synthetics achieved the all-time high of 272.77 in 2022-11-04, and is currently trading at 0.00000048356.

Question 3

What is the lowest price of SORA Synthetics price in history?

Accepted Answer

SORA Synthetics reached its all-time low of  0.00000031976 on 2023-11-21.

Question 4

What is the current market cap of SORA Synthetics?

Accepted Answer

The current market cap of SORA Synthetics is  , as  XST is trading at the price of 0.00000048356.

Question 5

How many SORA Synthetics are there in the market?

Accepted Answer

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

Question 6

What is the maximum supply of SORA Synthetics?

Accepted Answer

The maximum supply of XST 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 SORA Synthetics?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of SORA Synthetics is 0.000646519720. The FDV is calculated taking the assumption that all supply of SORA Synthetics is circulation, multiplied by its current price of  0.00000048356.

Question 8

What is the price prediction of SORA Synthetics ?

Accepted Answer

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

Accepted Answer

SORA Synthetics 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 SORA Synthetics 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 SORA Synthetics.

Question 10

How to buy SORA Synthetics?

Accepted Answer

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

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