Question 1

What determines the price movement of Umma Token (UMMA)?

Accepted Answer

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

Question 2

What is the highest price of Umma Token price in history?

Accepted Answer

Umma Token achieved the all-time high of 0.00908664 in 2023-10-02, and is currently trading at 0.00047027.

Question 3

What is the lowest price of Umma Token price in history?

Accepted Answer

Umma Token reached its all-time low of  0.00004998 on 2024-10-30.

Question 4

What is the current market cap of Umma Token?

Accepted Answer

The current market cap of Umma Token is  , as  UMMA is trading at the price of 0.00047027.

Question 5

How many Umma Token are there in the market?

Accepted Answer

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

Question 6

What is the maximum supply of Umma Token?

Accepted Answer

The maximum supply of UMMA 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 Umma Token?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Umma Token is 235135.000000000. The FDV is calculated taking the assumption that all supply of Umma Token is circulation, multiplied by its current price of  0.00047027.

Question 8

What is the price prediction of Umma Token ?

Accepted Answer

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

Accepted Answer

Umma Token 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 Umma Token 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 Umma Token.

Question 10

How to buy Umma Token?

Accepted Answer

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

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