Question 1

What determines the price movement of Lovely Finance (LOVELY)?

Accepted Answer

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

Question 2

What is the highest price of Lovely Finance price in history?

Accepted Answer

Lovely Finance achieved the all-time high of 0.01501452 in 2024-07-30, and is currently trading at 0.00000569.

Question 3

What is the lowest price of Lovely Finance price in history?

Accepted Answer

Lovely Finance reached its all-time low of  0.000000018449 on 2022-05-12.

Question 4

What is the current market cap of Lovely Finance?

Accepted Answer

The current market cap of Lovely Finance is  16895.069280159998, as 2969256464 LOVELY is trading at the price of 0.00000569.

Question 5

How many Lovely Finance are there in the market?

Accepted Answer

There are currently 2969256464 LOVELY circulating in the market. These Lovely Finance can be actively traded or used in the open market.

Question 6

What is the maximum supply of Lovely Finance?

Accepted Answer

The maximum supply of LOVELY is 10000000000 , 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 Lovely Finance?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Lovely Finance is 56900.000000000. The FDV is calculated taking the assumption that all supply of Lovely Finance is circulation, multiplied by its current price of  0.00000569.

Question 8

What is the price prediction of Lovely Finance ?

Accepted Answer

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

Accepted Answer

Lovely Finance 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 Lovely Finance 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 Lovely Finance.

Question 10

How to buy Lovely Finance?

Accepted Answer

You can buy Lovely Finance via Gate by following the steps on <0>how to buy LOVELY once you have funded your account.

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