Question 1

What determines the price movement of Wrapped USDM (WUSDM)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like Wrapped USDM.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Wrapped USDM, 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 USDM. 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 USDM 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 USDM. 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 USDM and the broader cryptocurrency market.

Question 2

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

Accepted Answer

Wrapped USDM achieved the all-time high of 1.52 in 2025-02-28, and is currently trading at 1.079.

Question 3

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

Accepted Answer

Wrapped USDM reached its all-time low of  0.929612 on 2024-12-02.

Question 4

What is the current market cap of Wrapped USDM?

Accepted Answer

The current market cap of Wrapped USDM is  1373542.5065470054, as 1272977.299858207 WUSDM is trading at the price of 1.079.

Question 5

How many Wrapped USDM are there in the market?

Accepted Answer

There are currently 1272977.299858207 WUSDM circulating in the market. These Wrapped USDM can be actively traded or used in the open market.

Question 6

What is the maximum supply of Wrapped USDM?

Accepted Answer

The maximum supply of WUSDM 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 USDM?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Wrapped USDM is 1373542.506547005353. The FDV is calculated taking the assumption that all supply of Wrapped USDM is circulation, multiplied by its current price of  1.079.

Question 8

What is the price prediction of Wrapped USDM ?

Accepted Answer

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

Accepted Answer

Wrapped USDM 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 USDM 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 USDM.

Question 10

How to buy Wrapped USDM?

Accepted Answer

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

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