Question 1

What determines the price movement of Codex Multichain (CODEX)?

Accepted Answer

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

Question 2

What is the highest price of Codex Multichain price in history?

Accepted Answer

Codex Multichain achieved the all-time high of 0.07168 in 2024-04-09, and is currently trading at 0.00128916.

Question 3

What is the lowest price of Codex Multichain price in history?

Accepted Answer

Codex Multichain reached its all-time low of  0.00095713 on 2025-04-08.

Question 4

What is the current market cap of Codex Multichain?

Accepted Answer

The current market cap of Codex Multichain is  128915.99999999999, as 100000000 CODEX is trading at the price of 0.00128916.

Question 5

How many Codex Multichain are there in the market?

Accepted Answer

There are currently 100000000 CODEX circulating in the market. These Codex Multichain can be actively traded or used in the open market.

Question 6

What is the maximum supply of Codex Multichain?

Accepted Answer

The maximum supply of CODEX is 100000000 , 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 Codex Multichain?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Codex Multichain is 128916.000000000. The FDV is calculated taking the assumption that all supply of Codex Multichain is circulation, multiplied by its current price of  0.00128916.

Question 8

What is the price prediction of Codex Multichain ?

Accepted Answer

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

Accepted Answer

Codex Multichain 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 Codex Multichain 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 Codex Multichain.

Question 10

How to buy Codex Multichain?

Accepted Answer

You can buy Codex Multichain via Gate by following the steps on <0>how to buy CODEX once you have funded your account.

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