Question 1

What determines the price movement of Shredded Apes Whey (WHEY)?

Accepted Answer

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

Question 2

What is the highest price of Shredded Apes Whey price in history?

Accepted Answer

Shredded Apes Whey achieved the all-time high of 0.103611 in 2022-04-16, and is currently trading at 0.0000548.

Question 3

What is the lowest price of Shredded Apes Whey price in history?

Accepted Answer

Shredded Apes Whey reached its all-time low of  0.00000914 on 2023-06-18.

Question 4

What is the current market cap of Shredded Apes Whey?

Accepted Answer

The current market cap of Shredded Apes Whey is  , as  WHEY is trading at the price of 0.0000548.

Question 5

How many Shredded Apes Whey are there in the market?

Accepted Answer

There are currently  WHEY circulating in the market. These Shredded Apes Whey can be actively traded or used in the open market.

Question 6

What is the maximum supply of Shredded Apes Whey?

Accepted Answer

The maximum supply of WHEY 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 Shredded Apes Whey?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Shredded Apes Whey is 5447.723313476. The FDV is calculated taking the assumption that all supply of Shredded Apes Whey is circulation, multiplied by its current price of  0.0000548.

Question 8

What is the price prediction of Shredded Apes Whey ?

Accepted Answer

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

Accepted Answer

Shredded Apes Whey 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 Shredded Apes Whey 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 Shredded Apes Whey.

Question 10

How to buy Shredded Apes Whey?

Accepted Answer

You can buy Shredded Apes Whey via Gate by following the steps on <0>how to buy WHEY once you have funded your account.

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About Shredded Apes Whey (WHEY)

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