Question 1

What determines the price movement of Tachyon Protocol (IPX)?

Accepted Answer

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

Question 2

What is the highest price of Tachyon Protocol price in history?

Accepted Answer

Tachyon Protocol achieved the all-time high of 0.184649 in 2020-02-12, and is currently trading at 0.00002701.

Question 3

What is the lowest price of Tachyon Protocol price in history?

Accepted Answer

Tachyon Protocol reached its all-time low of  0.0000184 on 2024-08-17.

Question 4

What is the current market cap of Tachyon Protocol?

Accepted Answer

The current market cap of Tachyon Protocol is  7207.848916908, as 266858530.8 IPX is trading at the price of 0.00002701.

Question 5

How many Tachyon Protocol are there in the market?

Accepted Answer

There are currently 266858530.8 IPX circulating in the market. These Tachyon Protocol can be actively traded or used in the open market.

Question 6

What is the maximum supply of Tachyon Protocol?

Accepted Answer

The maximum supply of IPX is 1500000000 , 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 Tachyon Protocol?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Tachyon Protocol is 40515.000000000. The FDV is calculated taking the assumption that all supply of Tachyon Protocol is circulation, multiplied by its current price of  0.00002701.

Question 8

What is the price prediction of Tachyon Protocol ?

Accepted Answer

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

Accepted Answer

Tachyon Protocol 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 Tachyon Protocol 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 Tachyon Protocol.

Question 10

How to buy Tachyon Protocol?

Accepted Answer

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

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