Question 1

What determines the price movement of Defis Network (DFS)?

Accepted Answer

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

Question 2

What is the highest price of Defis Network price in history?

Accepted Answer

Defis Network achieved the all-time high of 72.4 in 2021-03-10, and is currently trading at 0.603626.

Question 3

What is the lowest price of Defis Network price in history?

Accepted Answer

Defis Network reached its all-time low of  0.204747 on 2022-03-08.

Question 4

What is the current market cap of Defis Network?

Accepted Answer

The current market cap of Defis Network is  , as  DFS is trading at the price of 0.603626.

Question 5

How many Defis Network are there in the market?

Accepted Answer

There are currently  DFS circulating in the market. These Defis Network can be actively traded or used in the open market.

Question 6

What is the maximum supply of Defis Network?

Accepted Answer

The maximum supply of DFS is ∞ , 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 Defis Network?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Defis Network is 6036260.0000000. The FDV is calculated taking the assumption that all supply of Defis Network is circulation, multiplied by its current price of  0.603626.

Question 8

What is the price prediction of Defis Network ?

Accepted Answer

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

Accepted Answer

Defis Network 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 Defis Network 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 Defis Network.

Question 10

How to buy Defis Network?

Accepted Answer

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

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