Question 1

What determines the price movement of Efinity (EFI)?

Accepted Answer

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

Question 2

What is the highest price of Efinity price in history?

Accepted Answer

Efinity achieved the all-time high of 3.15 in 2021-08-04, and is currently trading at 0.02791994.

Question 3

What is the lowest price of Efinity price in history?

Accepted Answer

Efinity reached its all-time low of  0.01428164 on 2024-10-03.

Question 4

What is the current market cap of Efinity?

Accepted Answer

The current market cap of Efinity is  2426665.4551972407, as 86915138.6140959 EFI is trading at the price of 0.02791994.

Question 5

How many Efinity are there in the market?

Accepted Answer

There are currently 86915138.6140959 EFI circulating in the market. These Efinity can be actively traded or used in the open market.

Question 6

What is the maximum supply of Efinity?

Accepted Answer

The maximum supply of EFI is 2000000000 , 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 Efinity?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Efinity is 55839880.000000000. The FDV is calculated taking the assumption that all supply of Efinity is circulation, multiplied by its current price of  0.02791994.

Question 8

What is the price prediction of Efinity ?

Accepted Answer

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

Accepted Answer

Efinity 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 Efinity 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 Efinity.

Question 10

How to buy Efinity?

Accepted Answer

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

Efinity Price

Efinity(EFI) Price Live Chart

Efinity(EFI) Price Today

EFI Price Data

EFI Market Cap Infos

EFI Supply

Efinity(EFI) to Local currency Converter

About Efinity (EFI)

Efinity (EFI) Investors

Efinity(EFI) News Today

Hot Posts About Efinity(EFI)

Blogs You May Like about Efinity(EFI)

FIL Coin Today: Decentralized Storage Trends & 2025 Outlook

Gate Wallet: The Intelligent Hub Redefining Web3 Interaction

What Is Coin Investing? A Complete Guide for Beginners in 2025

Building the Future of Digital Asset Management: The Innovative Path of Gate Wallet