Question 1

What determines the price movement of Wrapped XFI (WXFI)?

Accepted Answer

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

Question 2

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

Accepted Answer

Wrapped XFI achieved the all-time high of 1.15 in 2024-10-15, and is currently trading at 0.661341.

Question 3

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

Accepted Answer

Wrapped XFI reached its all-time low of  0.58322 on 2025-01-09.

Question 4

What is the current market cap of Wrapped XFI?

Accepted Answer

The current market cap of Wrapped XFI is  38534055.799869075, as 58266546.00254495 WXFI is trading at the price of 0.661341.

Question 5

How many Wrapped XFI are there in the market?

Accepted Answer

There are currently 58266546.00254495 WXFI circulating in the market. These Wrapped XFI can be actively traded or used in the open market.

Question 6

What is the maximum supply of Wrapped XFI?

Accepted Answer

The maximum supply of WXFI is 378432000 , 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 XFI?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Wrapped XFI is 250272597.3120000. The FDV is calculated taking the assumption that all supply of Wrapped XFI is circulation, multiplied by its current price of  0.661341.

Question 8

What is the price prediction of Wrapped XFI ?

Accepted Answer

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

Accepted Answer

Wrapped XFI 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 XFI 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 XFI.

Question 10

How to buy Wrapped XFI?

Accepted Answer

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

Wrapped XFI Price

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