Question 1

What determines the price movement of Infinity Protocol (INFINITY)?

Accepted Answer

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

Question 2

What is the highest price of Infinity Protocol price in history?

Accepted Answer

Infinity Protocol achieved the all-time high of 0.00034715 in 2022-11-23, and is currently trading at 0.00007443.

Question 3

What is the lowest price of Infinity Protocol price in history?

Accepted Answer

Infinity Protocol reached its all-time low of  0.00000614 on 2023-03-10.

Question 4

What is the current market cap of Infinity Protocol?

Accepted Answer

The current market cap of Infinity Protocol is  , as  INFINITY is trading at the price of 0.00007443.

Question 5

How many Infinity Protocol are there in the market?

Accepted Answer

There are currently  INFINITY circulating in the market. These Infinity Protocol can be actively traded or used in the open market.

Question 6

What is the maximum supply of Infinity Protocol?

Accepted Answer

The maximum supply of INFINITY is 1000000000 , 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 Infinity Protocol?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Infinity Protocol is 74430.000000000. The FDV is calculated taking the assumption that all supply of Infinity Protocol is circulation, multiplied by its current price of  0.00007443.

Question 8

What is the price prediction of Infinity Protocol ?

Accepted Answer

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

Accepted Answer

Infinity Protocol 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 Infinity Protocol 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 Infinity Protocol.

Question 10

How to buy Infinity Protocol?

Accepted Answer

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

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