Question 1

What determines the price movement of Frens Coin (FRENS)?

Accepted Answer

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

Question 2

What is the highest price of Frens Coin price in history?

Accepted Answer

Frens Coin achieved the all-time high of 0.00000218 in 2024-01-06, and is currently trading at 0.000000026841.

Question 3

What is the lowest price of Frens Coin price in history?

Accepted Answer

Frens Coin reached its all-time low of  0.000000014857 on 2023-08-02.

Question 4

What is the current market cap of Frens Coin?

Accepted Answer

The current market cap of Frens Coin is  , as  FRENS is trading at the price of 0.000000026841.

Question 5

How many Frens Coin are there in the market?

Accepted Answer

There are currently  FRENS circulating in the market. These Frens Coin can be actively traded or used in the open market.

Question 6

What is the maximum supply of Frens Coin?

Accepted Answer

The maximum supply of FRENS is 1000000000000 , 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 Frens Coin?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Frens Coin is 26841.0000000000000. The FDV is calculated taking the assumption that all supply of Frens Coin is circulation, multiplied by its current price of  0.000000026841.

Question 8

What is the price prediction of Frens Coin ?

Accepted Answer

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

Accepted Answer

Frens Coin 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 Frens Coin 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 Frens Coin.

Question 10

How to buy Frens Coin?

Accepted Answer

You can buy Frens Coin via Gate by following the steps on <0>how to buy FRENS once you have funded your account.

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