Question 1

What determines the price movement of Cloud Binary (CBY)?

Accepted Answer

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

Question 2

What is the highest price of Cloud Binary price in history?

Accepted Answer

Cloud Binary achieved the all-time high of 0.219822 in 2024-03-06, and is currently trading at 0.0015199.

Question 3

What is the lowest price of Cloud Binary price in history?

Accepted Answer

Cloud Binary reached its all-time low of  0.00150289 on 2025-02-19.

Question 4

What is the current market cap of Cloud Binary?

Accepted Answer

The current market cap of Cloud Binary is  , as  CBY is trading at the price of 0.0015199.

Question 5

How many Cloud Binary are there in the market?

Accepted Answer

There are currently  CBY circulating in the market. These Cloud Binary can be actively traded or used in the open market.

Question 6

What is the maximum supply of Cloud Binary?

Accepted Answer

The maximum supply of CBY is 10000000 , 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 Cloud Binary?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Cloud Binary is 15199.00000000. The FDV is calculated taking the assumption that all supply of Cloud Binary is circulation, multiplied by its current price of  0.0015199.

Question 8

What is the price prediction of Cloud Binary ?

Accepted Answer

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

Accepted Answer

Cloud Binary 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 Cloud Binary 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 Cloud Binary.

Question 10

How to buy Cloud Binary?

Accepted Answer

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

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