Question 1

What determines the price movement of Utility NexusMind (UNMD)?

Accepted Answer

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

Question 2

What is the highest price of Utility NexusMind price in history?

Accepted Answer

Utility NexusMind achieved the all-time high of 115.46 in 2025-01-16, and is currently trading at 1.41.

Question 3

What is the lowest price of Utility NexusMind price in history?

Accepted Answer

Utility NexusMind reached its all-time low of  0.01149889 on 2024-10-19.

Question 4

What is the current market cap of Utility NexusMind?

Accepted Answer

The current market cap of Utility NexusMind is  , as  UNMD is trading at the price of 1.41.

Question 5

How many Utility NexusMind are there in the market?

Accepted Answer

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

Question 6

What is the maximum supply of Utility NexusMind?

Accepted Answer

The maximum supply of UNMD is 1000000000 , 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 Utility NexusMind?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Utility NexusMind is 1410000000.000. The FDV is calculated taking the assumption that all supply of Utility NexusMind is circulation, multiplied by its current price of  1.41.

Question 8

What is the price prediction of Utility NexusMind ?

Accepted Answer

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

Accepted Answer

Utility NexusMind 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 Utility NexusMind 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 Utility NexusMind.

Question 10

How to buy Utility NexusMind?

Accepted Answer

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

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