Question 1

What determines the price movement of Fayda Games (FAYD)?

Accepted Answer

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

Question 2

What is the highest price of Fayda Games price in history?

Accepted Answer

Fayda Games achieved the all-time high of 0.0345794 in 2024-01-12, and is currently trading at 0.00000131.

Question 3

What is the lowest price of Fayda Games price in history?

Accepted Answer

Fayda Games reached its all-time low of  0.00000109 on 2024-08-07.

Question 4

What is the current market cap of Fayda Games?

Accepted Answer

The current market cap of Fayda Games is  , as  FAYD is trading at the price of 0.00000131.

Question 5

How many Fayda Games are there in the market?

Accepted Answer

There are currently  FAYD circulating in the market. These Fayda Games can be actively traded or used in the open market.

Question 6

What is the maximum supply of Fayda Games?

Accepted Answer

The maximum supply of FAYD is 50000000 , 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 Fayda Games?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Fayda Games is 65.500000000. The FDV is calculated taking the assumption that all supply of Fayda Games is circulation, multiplied by its current price of  0.00000131.

Question 8

What is the price prediction of Fayda Games ?

Accepted Answer

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

Accepted Answer

Fayda Games 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 Fayda Games 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 Fayda Games.

Question 10

How to buy Fayda Games?

Accepted Answer

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

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