Question 1

What determines the price movement of Deez Nuts (ERC404) (DN)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like Deez Nuts (ERC404).
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Deez Nuts (ERC404), 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 Deez Nuts (ERC404). By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Deez Nuts (ERC404) 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 Deez Nuts (ERC404). 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 Deez Nuts (ERC404) and the broader cryptocurrency market.

Question 2

What is the highest price of Deez Nuts (ERC404) price in history?

Accepted Answer

Deez Nuts (ERC404) achieved the all-time high of 30.85 in 2024-02-29, and is currently trading at 30.29.

Question 3

What is the lowest price of Deez Nuts (ERC404) price in history?

Accepted Answer

Deez Nuts (ERC404) reached its all-time low of  6.89 on 2024-08-07.

Question 4

What is the current market cap of Deez Nuts (ERC404)?

Accepted Answer

The current market cap of Deez Nuts (ERC404) is  , as  DN is trading at the price of 30.29.

Question 5

How many Deez Nuts (ERC404) are there in the market?

Accepted Answer

There are currently  DN circulating in the market. These Deez Nuts (ERC404) can be actively traded or used in the open market.

Question 6

What is the maximum supply of Deez Nuts (ERC404)?

Accepted Answer

The maximum supply of DN is 4269 , 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 Deez Nuts (ERC404)?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Deez Nuts (ERC404) is 129308.010. The FDV is calculated taking the assumption that all supply of Deez Nuts (ERC404) is circulation, multiplied by its current price of  30.29.

Question 8

What is the price prediction of Deez Nuts (ERC404) ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>Deez Nuts (ERC404) 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 Deez Nuts (ERC404) a good investment?

Accepted Answer

Deez Nuts (ERC404) 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 Deez Nuts (ERC404) 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 Deez Nuts (ERC404).

Question 10

How to buy Deez Nuts (ERC404)?

Accepted Answer

You can buy Deez Nuts (ERC404) via Gate by following the steps on <0>how to buy DN once you have funded your account.

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