Question 1

What determines the price movement of 8Pay (8PAY)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like 8Pay.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of 8Pay, 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 8Pay. By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of 8Pay 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 8Pay. 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 8Pay and the broader cryptocurrency market.

Question 2

What is the highest price of 8Pay price in history?

Accepted Answer

8Pay achieved the all-time high of 2.9 in 2021-04-05, and is currently trading at 0.00133756.

Question 3

What is the lowest price of 8Pay price in history?

Accepted Answer

8Pay reached its all-time low of  0.00123931 on 2023-08-21.

Question 4

What is the current market cap of 8Pay?

Accepted Answer

The current market cap of 8Pay is  86577.09718747975, as 64727636.28359083 8PAY is trading at the price of 0.00133756.

Question 5

How many 8Pay are there in the market?

Accepted Answer

There are currently 64727636.28359083 8PAY circulating in the market. These 8Pay can be actively traded or used in the open market.

Question 6

What is the maximum supply of 8Pay?

Accepted Answer

The maximum supply of 8PAY is 88888888 , 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 8Pay?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of 8Pay is 118894.221033280. The FDV is calculated taking the assumption that all supply of 8Pay is circulation, multiplied by its current price of  0.00133756.

Question 8

What is the price prediction of 8Pay ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>8Pay 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 8Pay a good investment?

Accepted Answer

8Pay 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 8Pay 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 8Pay.

Question 10

How to buy 8Pay?

Accepted Answer

You can buy 8Pay via Gate by following the steps on <0>how to buy 8PAY once you have funded your account.

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About 8Pay (8PAY)

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