Firmachain (FCT) FAQ

Question 1

What determines the price movement of Firmachain (FCT)?

Accepted Answer

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

Question 2

What is the highest price of Firmachain price in history?

Accepted Answer

Firmachain achieved the all-time high of 0.44136 in 2021-04-02, and is currently trading at 0.02030377.

Question 3

What is the lowest price of Firmachain price in history?

Accepted Answer

Firmachain reached its all-time low of  0.0120214 on 2020-03-13.

Question 4

What is the current market cap of Firmachain?

Accepted Answer

The current market cap of Firmachain is  21590217.462998413, as 1063360029.344226 FCT is trading at the price of 0.02030377.

Question 5

How many Firmachain are there in the market?

Accepted Answer

There are currently 1063360029.344226 FCT circulating in the market. These Firmachain can be actively traded or used in the open market.

Question 6

What is the maximum supply of Firmachain?

Accepted Answer

The maximum supply of FCT 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 Firmachain?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Firmachain is 21881298.23975889827662. The FDV is calculated taking the assumption that all supply of Firmachain is circulation, multiplied by its current price of  0.02030377.

Question 8

What is the price prediction of Firmachain ?

Accepted Answer

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

Accepted Answer

Firmachain 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 Firmachain 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 Firmachain.

Question 10

How to buy Firmachain?

Accepted Answer

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

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