Question 1

What determines the price movement of renDOGE (RENDOGE)?

Accepted Answer

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

Question 2

What is the highest price of renDOGE price in history?

Accepted Answer

renDOGE achieved the all-time high of 1.82 in 2023-05-03, and is currently trading at 0.00731579.

Question 3

What is the lowest price of renDOGE price in history?

Accepted Answer

renDOGE reached its all-time low of  0.00180633 on 2023-02-13.

Question 4

What is the current market cap of renDOGE?

Accepted Answer

The current market cap of renDOGE is  42419.0719991, as 5798290 RENDOGE is trading at the price of 0.00731579.

Question 5

How many renDOGE are there in the market?

Accepted Answer

There are currently 5798290 RENDOGE circulating in the market. These renDOGE can be actively traded or used in the open market.

Question 6

What is the maximum supply of renDOGE?

Accepted Answer

The maximum supply of RENDOGE is 5798286.82503364 , 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 renDOGE?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of renDOGE is 42419.0487717128531756. The FDV is calculated taking the assumption that all supply of renDOGE is circulation, multiplied by its current price of  0.00731579.

Question 8

What is the price prediction of renDOGE ?

Accepted Answer

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

Accepted Answer

renDOGE 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 renDOGE 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 renDOGE.

Question 10

How to buy renDOGE?

Accepted Answer

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

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About renDOGE (RENDOGE)

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