Question 1

What determines the price movement of Cakebot (CAKEBOT)?

Accepted Answer

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

Question 2

What is the highest price of Cakebot price in history?

Accepted Answer

Cakebot achieved the all-time high of 4.08 in 2023-11-08, and is currently trading at 0.0251285.

Question 3

What is the lowest price of Cakebot price in history?

Accepted Answer

Cakebot reached its all-time low of  0.02464449 on 2025-02-28.

Question 4

What is the current market cap of Cakebot?

Accepted Answer

The current market cap of Cakebot is  , as  CAKEBOT is trading at the price of 0.0251285.

Question 5

How many Cakebot are there in the market?

Accepted Answer

There are currently  CAKEBOT circulating in the market. These Cakebot can be actively traded or used in the open market.

Question 6

What is the maximum supply of Cakebot?

Accepted Answer

The maximum supply of CAKEBOT is 1000000 , 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 Cakebot?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Cakebot is 25128.50000000. The FDV is calculated taking the assumption that all supply of Cakebot is circulation, multiplied by its current price of  0.0251285.

Question 8

What is the price prediction of Cakebot ?

Accepted Answer

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

Accepted Answer

Cakebot 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 Cakebot 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 Cakebot.

Question 10

How to buy Cakebot?

Accepted Answer

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

Cakebot Price

Cakebot (CAKEBOT) Price Live Chart

Cakebot (CAKEBOT) Price Today

CAKEBOT Price Data

CAKEBOT Market Cap Infos

CAKEBOT Supply

Cakebot (CAKEBOT) Credibility Indicators

Cakebot (CAKEBOT) to Local currency Converter

About Cakebot (CAKEBOT)

Blogs You May Like about Cakebot (CAKEBOT)

Magic Square (SQR): A Web3 App Store Built for the Community

What Are Art Blocks: The Case of Generative Art NFTs

Smart Contract in Blockchain and How It Works

What is ASIC Resistant Crypto?