Question 1

What determines the price movement of Shoebill Coin (SHBL)?

Accepted Answer

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

Question 2

What is the highest price of Shoebill Coin price in history?

Accepted Answer

Shoebill Coin achieved the all-time high of 0.00276737 in 2021-10-28, and is currently trading at 0.00000983.

Question 3

What is the lowest price of Shoebill Coin price in history?

Accepted Answer

Shoebill Coin reached its all-time low of  0.00000898 on 2023-06-10.

Question 4

What is the current market cap of Shoebill Coin?

Accepted Answer

The current market cap of Shoebill Coin is  , as  SHBL is trading at the price of 0.00000983.

Question 5

How many Shoebill Coin are there in the market?

Accepted Answer

There are currently  SHBL circulating in the market. These Shoebill Coin can be actively traded or used in the open market.

Question 6

What is the maximum supply of Shoebill Coin?

Accepted Answer

The maximum supply of SHBL 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 Shoebill Coin?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Shoebill Coin is 94368.000000000. The FDV is calculated taking the assumption that all supply of Shoebill Coin is circulation, multiplied by its current price of  0.00000983.

Question 8

What is the price prediction of Shoebill Coin ?

Accepted Answer

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

Accepted Answer

Shoebill Coin 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 Shoebill Coin 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 Shoebill Coin.

Question 10

How to buy Shoebill Coin?

Accepted Answer

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

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About Shoebill Coin (SHBL)

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