Question 1

What determines the price movement of Shiba Fantom (SHIBA)?

Accepted Answer

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

Question 2

What is the highest price of Shiba Fantom price in history?

Accepted Answer

Shiba Fantom achieved the all-time high of 0.000000001135 in 2021-11-01, and is currently trading at 0.000000000000348528.

Question 3

What is the lowest price of Shiba Fantom price in history?

Accepted Answer

Shiba Fantom reached its all-time low of  0.000000000000112216 on 2022-11-24.

Question 4

What is the current market cap of Shiba Fantom?

Accepted Answer

The current market cap of Shiba Fantom is  , as  SHIBA is trading at the price of 0.000000000000348528.

Question 5

How many Shiba Fantom are there in the market?

Accepted Answer

There are currently  SHIBA circulating in the market. These Shiba Fantom can be actively traded or used in the open market.

Question 6

What is the maximum supply of Shiba Fantom?

Accepted Answer

The maximum supply of SHIBA 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 Shiba Fantom?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Shiba Fantom is 34852.8. The FDV is calculated taking the assumption that all supply of Shiba Fantom is circulation, multiplied by its current price of  0.000000000000348528.

Question 8

What is the price prediction of Shiba Fantom ?

Accepted Answer

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

Accepted Answer

Shiba Fantom 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 Shiba Fantom 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 Shiba Fantom.

Question 10

How to buy Shiba Fantom?

Accepted Answer

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

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