Question 1

What determines the price movement of Innova DeFi ($INNOVA)?

Accepted Answer

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

Question 2

What is the highest price of Innova DeFi price in history?

Accepted Answer

Innova DeFi achieved the all-time high of 0.0205474 in 2024-01-09, and is currently trading at 0.00121999.

Question 3

What is the lowest price of Innova DeFi price in history?

Accepted Answer

Innova DeFi reached its all-time low of  0.00041474 on 2024-04-16.

Question 4

What is the current market cap of Innova DeFi?

Accepted Answer

The current market cap of Innova DeFi is  , as  $INNOVA is trading at the price of 0.00121999.

Question 5

How many Innova DeFi are there in the market?

Accepted Answer

There are currently  $INNOVA circulating in the market. These Innova DeFi can be actively traded or used in the open market.

Question 6

What is the maximum supply of Innova DeFi?

Accepted Answer

The maximum supply of $INNOVA is 160000000 , 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 Innova DeFi?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Innova DeFi is 195198.400000000. The FDV is calculated taking the assumption that all supply of Innova DeFi is circulation, multiplied by its current price of  0.00121999.

Question 8

What is the price prediction of Innova DeFi ?

Accepted Answer

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

Accepted Answer

Innova DeFi 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 Innova DeFi 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 Innova DeFi.

Question 10

How to buy Innova DeFi?

Accepted Answer

You can buy Innova DeFi via Gate by following the steps on <0>how to buy $INNOVA once you have funded your account.

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