Question 1

What determines the price movement of WEYU (WEYU)?

Accepted Answer

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

Question 2

What is the highest price of WEYU price in history?

Accepted Answer

WEYU achieved the all-time high of 0.088466 in 2021-09-02, and is currently trading at 0.0000658.

Question 3

What is the lowest price of WEYU price in history?

Accepted Answer

WEYU reached its all-time low of  0.00004572 on 2023-11-03.

Question 4

What is the current market cap of WEYU?

Accepted Answer

The current market cap of WEYU is  49350.0, as 750000000 WEYU is trading at the price of 0.0000658.

Question 5

How many WEYU are there in the market?

Accepted Answer

There are currently 750000000 WEYU circulating in the market. These WEYU can be actively traded or used in the open market.

Question 6

What is the maximum supply of WEYU?

Accepted Answer

The maximum supply of WEYU 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 WEYU?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of WEYU is 444150.00000000. The FDV is calculated taking the assumption that all supply of WEYU is circulation, multiplied by its current price of  0.0000658.

Question 8

What is the price prediction of WEYU ?

Accepted Answer

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

Accepted Answer

WEYU 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 WEYU 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 WEYU.

Question 10

How to buy WEYU?

Accepted Answer

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

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