Question 1

What determines the price movement of OPEN Governance (OPEN)?

Accepted Answer

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

Question 2

What is the highest price of OPEN Governance price in history?

Accepted Answer

OPEN Governance achieved the all-time high of 3.27 in 2021-02-11, and is currently trading at 0.0001102.

Question 3

What is the lowest price of OPEN Governance price in history?

Accepted Answer

OPEN Governance reached its all-time low of  0.00010232 on 2024-07-03.

Question 4

What is the current market cap of OPEN Governance?

Accepted Answer

The current market cap of OPEN Governance is  1278.46326, as 11601300 OPEN is trading at the price of 0.0001102.

Question 5

How many OPEN Governance are there in the market?

Accepted Answer

There are currently 11601300 OPEN circulating in the market. These OPEN Governance can be actively traded or used in the open market.

Question 6

What is the maximum supply of OPEN Governance?

Accepted Answer

The maximum supply of OPEN is 100000000 , 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 OPEN Governance?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of OPEN Governance is 11020.00000000. The FDV is calculated taking the assumption that all supply of OPEN Governance is circulation, multiplied by its current price of  0.0001102.

Question 8

What is the price prediction of OPEN Governance ?

Accepted Answer

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

Accepted Answer

OPEN Governance 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 OPEN Governance 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 OPEN Governance.

Question 10

How to buy OPEN Governance?

Accepted Answer

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

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