Question 1

What determines the price movement of Elysian ELS (ELS)?

Accepted Answer

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

Question 2

What is the highest price of Elysian ELS price in history?

Accepted Answer

Elysian ELS achieved the all-time high of 0.49312 in 2022-01-27, and is currently trading at 0.00188059.

Question 3

What is the lowest price of Elysian ELS price in history?

Accepted Answer

Elysian ELS reached its all-time low of  0.0000279 on 2023-05-08.

Question 4

What is the current market cap of Elysian ELS?

Accepted Answer

The current market cap of Elysian ELS is  , as  ELS is trading at the price of 0.00188059.

Question 5

How many Elysian ELS are there in the market?

Accepted Answer

There are currently  ELS circulating in the market. These Elysian ELS can be actively traded or used in the open market.

Question 6

What is the maximum supply of Elysian ELS?

Accepted Answer

The maximum supply of ELS 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 Elysian ELS?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Elysian ELS is --. The FDV is calculated taking the assumption that all supply of Elysian ELS is circulation, multiplied by its current price of  0.00188059.

Question 8

What is the price prediction of Elysian ELS ?

Accepted Answer

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

Accepted Answer

Elysian ELS 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 Elysian ELS 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 Elysian ELS.

Question 10

How to buy Elysian ELS?

Accepted Answer

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

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