Question 1

What determines the price movement of Open Exchange (OX)?

Accepted Answer

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

Question 2

What is the highest price of Open Exchange price in history?

Accepted Answer

Open Exchange achieved the all-time high of 0.081313 in 2023-08-09, and is currently trading at 0.00305853.

Question 3

What is the lowest price of Open Exchange price in history?

Accepted Answer

Open Exchange reached its all-time low of  0.00017821 on 2024-09-18.

Question 4

What is the current market cap of Open Exchange?

Accepted Answer

The current market cap of Open Exchange is  17176733.76542475, as 5616009575 OX is trading at the price of 0.00305853.

Question 5

How many Open Exchange are there in the market?

Accepted Answer

There are currently 5616009575 OX circulating in the market. These Open Exchange can be actively traded or used in the open market.

Question 6

What is the maximum supply of Open Exchange?

Accepted Answer

The maximum supply of OX is 9860000000 , 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 Open Exchange?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Open Exchange is 30157105.800000000. The FDV is calculated taking the assumption that all supply of Open Exchange is circulation, multiplied by its current price of  0.00305853.

Question 8

What is the price prediction of Open Exchange ?

Accepted Answer

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

Accepted Answer

Open Exchange 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 Open Exchange 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 Open Exchange.

Question 10

How to buy Open Exchange?

Accepted Answer

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

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