Question 1

What determines the price movement of Boosted LUSD (BLUSD)?

Accepted Answer

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

Question 2

What is the highest price of Boosted LUSD price in history?

Accepted Answer

Boosted LUSD achieved the all-time high of 2.05 in 2023-07-27, and is currently trading at 1.24.

Question 3

What is the lowest price of Boosted LUSD price in history?

Accepted Answer

Boosted LUSD reached its all-time low of  0.984927 on 2023-03-10.

Question 4

What is the current market cap of Boosted LUSD?

Accepted Answer

The current market cap of Boosted LUSD is  1365796.8722696346, as 1101449.090540028 BLUSD is trading at the price of 1.24.

Question 5

How many Boosted LUSD are there in the market?

Accepted Answer

There are currently 1101449.090540028 BLUSD circulating in the market. These Boosted LUSD can be actively traded or used in the open market.

Question 6

What is the maximum supply of Boosted LUSD?

Accepted Answer

The maximum supply of BLUSD 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 Boosted LUSD?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Boosted LUSD is 1365796.87226963472. The FDV is calculated taking the assumption that all supply of Boosted LUSD is circulation, multiplied by its current price of  1.24.

Question 8

What is the price prediction of Boosted LUSD ?

Accepted Answer

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

Accepted Answer

Boosted LUSD 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 Boosted LUSD 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 Boosted LUSD.

Question 10

How to buy Boosted LUSD?

Accepted Answer

You can buy Boosted LUSD via Gate by following the steps on <0>how to buy BLUSD once you have funded your account.

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