Question 1

What determines the price movement of SpankChain (SPANK)?

Accepted Answer

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

Question 2

What is the highest price of SpankChain price in history?

Accepted Answer

SpankChain achieved the all-time high of 0.635766 in 2018-01-12, and is currently trading at 0.00692129.

Question 3

What is the lowest price of SpankChain price in history?

Accepted Answer

SpankChain reached its all-time low of  0.00043584 on 2022-12-08.

Question 4

What is the current market cap of SpankChain?

Accepted Answer

The current market cap of SpankChain is  5959528.30547, as 861043000 SPANK is trading at the price of 0.00692129.

Question 5

How many SpankChain are there in the market?

Accepted Answer

There are currently 861043000 SPANK circulating in the market. These SpankChain can be actively traded or used in the open market.

Question 6

What is the maximum supply of SpankChain?

Accepted Answer

The maximum supply of SPANK is ∞ , 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 SpankChain?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of SpankChain is 6921290.000000000. The FDV is calculated taking the assumption that all supply of SpankChain is circulation, multiplied by its current price of  0.00692129.

Question 8

What is the price prediction of SpankChain ?

Accepted Answer

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

Accepted Answer

SpankChain 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 SpankChain 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 SpankChain.

Question 10

How to buy SpankChain?

Accepted Answer

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

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