Question 1

What determines the price movement of FlowX Finance (FLX)?

Accepted Answer

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

Question 2

What is the highest price of FlowX Finance price in history?

Accepted Answer

FlowX Finance achieved the all-time high of 2.74 in 2024-01-28, and is currently trading at 0.485726.

Question 3

What is the lowest price of FlowX Finance price in history?

Accepted Answer

FlowX Finance reached its all-time low of  0.293213 on 2024-08-05.

Question 4

What is the current market cap of FlowX Finance?

Accepted Answer

The current market cap of FlowX Finance is  3224355.561994, as 6638219 FLX is trading at the price of 0.485726.

Question 5

How many FlowX Finance are there in the market?

Accepted Answer

There are currently 6638219 FLX circulating in the market. These FlowX Finance can be actively traded or used in the open market.

Question 6

What is the maximum supply of FlowX Finance?

Accepted Answer

The maximum supply of FLX is 10000000 , 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 FlowX Finance?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of FlowX Finance is 4857260.0000000. The FDV is calculated taking the assumption that all supply of FlowX Finance is circulation, multiplied by its current price of  0.485726.

Question 8

What is the price prediction of FlowX Finance ?

Accepted Answer

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

Accepted Answer

FlowX Finance 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 FlowX Finance 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 FlowX Finance.

Question 10

How to buy FlowX Finance?

Accepted Answer

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

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