CryptoPunk #7171 PriceHOODIE

There are two schools of thought when it comes to determining the price of a cryptocurrency like CryptoPunk #7171.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of CryptoPunk #7171, collectively known as 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 CryptoPunk #7171.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of CryptoPunk #7171 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 CryptoPunk #7171.
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 CryptoPunk #7171 and the broader cryptocurrency market.

CryptoPunk #7171 achieved the all-time high of $997.37 in 2021-08-29, and is currently trading at $12.22.

HOODIE reached its all-time low of $9.07 on 2024-09-07.

The current market cap of CryptoPunk #7171 is --, as -- HOODIE is trading at the price of $12.22.

There are currently -- HOODIE circulating in the market. These CryptoPunk #7171 can be actively traded or used in the open market.

The maximum supply of HOODIE is ∞ , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of CryptoPunk #7171 is $122.20K. The FDV is calculated taking the assumption that all supply of CryptoPunk #7171 is circulation, multiplied by its current price of $12.22.

Using an algorithm to automatically identify historical data trends, this CryptoPunk #7171 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.

CryptoPunk #7171 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 CryptoPunk #7171 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 do your own research (DYOR) before investing in CryptoPunk #7171.

You can buy CryptoPunk #7171 via Gate.io by following the steps on how to buy HOODIE once you have funded your account.