Question 1

What determines the price movement of Beefy Escrowed Fantom (BEFTM)?

Accepted Answer

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

Question 2

What is the highest price of Beefy Escrowed Fantom price in history?

Accepted Answer

Beefy Escrowed Fantom achieved the all-time high of 1.62 in 2022-04-03, and is currently trading at 0.320006.

Question 3

What is the lowest price of Beefy Escrowed Fantom price in history?

Accepted Answer

Beefy Escrowed Fantom reached its all-time low of  0.118147 on 2023-09-18.

Question 4

What is the current market cap of Beefy Escrowed Fantom?

Accepted Answer

The current market cap of Beefy Escrowed Fantom is  , as  BEFTM is trading at the price of 0.320006.

Question 5

How many Beefy Escrowed Fantom are there in the market?

Accepted Answer

There are currently  BEFTM circulating in the market. These Beefy Escrowed Fantom can be actively traded or used in the open market.

Question 6

What is the maximum supply of Beefy Escrowed Fantom?

Accepted Answer

The maximum supply of BEFTM 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 Beefy Escrowed Fantom?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Beefy Escrowed Fantom is 4070477.925026253678. The FDV is calculated taking the assumption that all supply of Beefy Escrowed Fantom is circulation, multiplied by its current price of  0.320006.

Question 8

What is the price prediction of Beefy Escrowed Fantom ?

Accepted Answer

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

Accepted Answer

Beefy Escrowed Fantom 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 Beefy Escrowed Fantom 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 Beefy Escrowed Fantom.

Question 10

How to buy Beefy Escrowed Fantom?

Accepted Answer

You can buy Beefy Escrowed Fantom via Gate by following the steps on <0>how to buy BEFTM once you have funded your account.

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