Question 1

What determines the price movement of Wrapped BONES (WBONES)?

Accepted Answer

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

Question 2

What is the highest price of Wrapped BONES price in history?

Accepted Answer

Wrapped BONES achieved the all-time high of 1.3 in 2023-08-29, and is currently trading at 0.999726.

Question 3

What is the lowest price of Wrapped BONES price in history?

Accepted Answer

Wrapped BONES reached its all-time low of  0.532687 on 2024-02-03.

Question 4

What is the current market cap of Wrapped BONES?

Accepted Answer

The current market cap of Wrapped BONES is  71472.50520860238, as 71492.09404237 WBONES is trading at the price of 0.999726.

Question 5

How many Wrapped BONES are there in the market?

Accepted Answer

There are currently 71492.09404237 WBONES circulating in the market. These Wrapped BONES can be actively traded or used in the open market.

Question 6

What is the maximum supply of Wrapped BONES?

Accepted Answer

The maximum supply of WBONES 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 Wrapped BONES?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Wrapped BONES is 71472.50520860239062. The FDV is calculated taking the assumption that all supply of Wrapped BONES is circulation, multiplied by its current price of  0.999726.

Question 8

What is the price prediction of Wrapped BONES ?

Accepted Answer

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

Accepted Answer

Wrapped BONES 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 Wrapped BONES 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 Wrapped BONES.

Question 10

How to buy Wrapped BONES?

Accepted Answer

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

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