Question 1

What determines the price movement of NevaCoin (NEVA)?

Accepted Answer

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

Question 2

What is the highest price of NevaCoin price in history?

Accepted Answer

NevaCoin achieved the all-time high of 73.36 in 2024-01-09, and is currently trading at 0.814675.

Question 3

What is the lowest price of NevaCoin price in history?

Accepted Answer

NevaCoin reached its all-time low of  0.00002003 on 2020-11-26.

Question 4

What is the current market cap of NevaCoin?

Accepted Answer

The current market cap of NevaCoin is  2988696.3381250002, as 3668575 NEVA is trading at the price of 0.814675.

Question 5

How many NevaCoin are there in the market?

Accepted Answer

There are currently 3668575 NEVA circulating in the market. These NevaCoin can be actively traded or used in the open market.

Question 6

What is the maximum supply of NevaCoin?

Accepted Answer

The maximum supply of NEVA 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 NevaCoin?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of NevaCoin is 2988696.3381250. The FDV is calculated taking the assumption that all supply of NevaCoin is circulation, multiplied by its current price of  0.814675.

Question 8

What is the price prediction of NevaCoin ?

Accepted Answer

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

Accepted Answer

NevaCoin 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 NevaCoin 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 NevaCoin.

Question 10

How to buy NevaCoin?

Accepted Answer

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

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