Question 1

What determines the price movement of Monopoly Layer 3 POLY (POLY)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like Monopoly Layer 3 POLY.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Monopoly Layer 3 POLY, 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 Monopoly Layer 3 POLY. By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Monopoly Layer 3 POLY 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 Monopoly Layer 3 POLY. 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 Monopoly Layer 3 POLY and the broader cryptocurrency market.

Question 2

What is the highest price of Monopoly Layer 3 POLY price in history?

Accepted Answer

Monopoly Layer 3 POLY achieved the all-time high of 0.427466 in 2023-06-15, and is currently trading at 0.00069192.

Question 3

What is the lowest price of Monopoly Layer 3 POLY price in history?

Accepted Answer

Monopoly Layer 3 POLY reached its all-time low of  0.00065763 on 2024-08-07.

Question 4

What is the current market cap of Monopoly Layer 3 POLY?

Accepted Answer

The current market cap of Monopoly Layer 3 POLY is  , as  POLY is trading at the price of 0.00069192.

Question 5

How many Monopoly Layer 3 POLY are there in the market?

Accepted Answer

There are currently  POLY circulating in the market. These Monopoly Layer 3 POLY can be actively traded or used in the open market.

Question 6

What is the maximum supply of Monopoly Layer 3 POLY?

Accepted Answer

The maximum supply of POLY is 7137536 , 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 Monopoly Layer 3 POLY?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Monopoly Layer 3 POLY is 4938.603909120. The FDV is calculated taking the assumption that all supply of Monopoly Layer 3 POLY is circulation, multiplied by its current price of  0.00069192.

Question 8

What is the price prediction of Monopoly Layer 3 POLY ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>Monopoly Layer 3 POLY 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 Monopoly Layer 3 POLY a good investment?

Accepted Answer

Monopoly Layer 3 POLY 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 Monopoly Layer 3 POLY 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 Monopoly Layer 3 POLY.

Question 10

How to buy Monopoly Layer 3 POLY?

Accepted Answer

You can buy Monopoly Layer 3 POLY via Gate by following the steps on <0>how to buy POLY once you have funded your account.

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