YodeSwap (YODE) FAQ

Question 1

What determines the price movement of YodeSwap (YODE)?

Accepted Answer

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

Question 2

What is the highest price of YodeSwap price in history?

Accepted Answer

YodeSwap achieved the all-time high of 13.76 in 2022-08-24, and is currently trading at 0.00198825.

Question 3

What is the lowest price of YodeSwap price in history?

Accepted Answer

YodeSwap reached its all-time low of  0.00083665 on 2024-02-07.

Question 4

What is the current market cap of YodeSwap?

Accepted Answer

The current market cap of YodeSwap is  20305.63865609183, as 10212819.64345119 YODE is trading at the price of 0.00198825.

Question 5

How many YodeSwap are there in the market?

Accepted Answer

There are currently 10212819.64345119 YODE circulating in the market. These YodeSwap can be actively traded or used in the open market.

Question 6

What is the maximum supply of YodeSwap?

Accepted Answer

The maximum supply of YODE is 15000000 , 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 YodeSwap?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of YodeSwap is 22300.8475312011822675. The FDV is calculated taking the assumption that all supply of YodeSwap is circulation, multiplied by its current price of  0.00198825.

Question 8

What is the price prediction of YodeSwap ?

Accepted Answer

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

Accepted Answer

YodeSwap 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 YodeSwap 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 YodeSwap.

Question 10

How to buy YodeSwap?

Accepted Answer

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

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