Question 1

What determines the price movement of Metaverse Index (MVI)?

Accepted Answer

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

Question 2

What is the highest price of Metaverse Index price in history?

Accepted Answer

Metaverse Index achieved the all-time high of 372.65 in 2021-11-25, and is currently trading at 17.89.

Question 3

What is the lowest price of Metaverse Index price in history?

Accepted Answer

Metaverse Index reached its all-time low of  9.85 on 2023-09-13.

Question 4

What is the current market cap of Metaverse Index?

Accepted Answer

The current market cap of Metaverse Index is  2075963.1399793655, as 116040.4214633519 MVI is trading at the price of 17.89.

Question 5

How many Metaverse Index are there in the market?

Accepted Answer

There are currently 116040.4214633519 MVI circulating in the market. These Metaverse Index can be actively traded or used in the open market.

Question 6

What is the maximum supply of Metaverse Index?

Accepted Answer

The maximum supply of MVI is 39602.22521405 , 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 Metaverse Index?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Metaverse Index is 708483.8090793545. The FDV is calculated taking the assumption that all supply of Metaverse Index is circulation, multiplied by its current price of  17.89.

Question 8

What is the price prediction of Metaverse Index ?

Accepted Answer

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

Accepted Answer

Metaverse Index 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 Metaverse Index 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 Metaverse Index.

Question 10

How to buy Metaverse Index?

Accepted Answer

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

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