Question 1

What determines the price movement of Jungle Labz (JNGL)?

Accepted Answer

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

Question 2

What is the highest price of Jungle Labz price in history?

Accepted Answer

Jungle Labz achieved the all-time high of 3.41 in 2024-01-19, and is currently trading at 0.068559.

Question 3

What is the lowest price of Jungle Labz price in history?

Accepted Answer

Jungle Labz reached its all-time low of  0.04231321 on 2024-09-18.

Question 4

What is the current market cap of Jungle Labz?

Accepted Answer

The current market cap of Jungle Labz is  , as  JNGL is trading at the price of 0.068559.

Question 5

How many Jungle Labz are there in the market?

Accepted Answer

There are currently  JNGL circulating in the market. These Jungle Labz can be actively traded or used in the open market.

Question 6

What is the maximum supply of Jungle Labz?

Accepted Answer

The maximum supply of JNGL is 10000000 , 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 Jungle Labz?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Jungle Labz is 685590.0000000. The FDV is calculated taking the assumption that all supply of Jungle Labz is circulation, multiplied by its current price of  0.068559.

Question 8

What is the price prediction of Jungle Labz ?

Accepted Answer

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

Accepted Answer

Jungle Labz 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 Jungle Labz 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 Jungle Labz.

Question 10

How to buy Jungle Labz?

Accepted Answer

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

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