Question 1

What determines the price movement of Pier Protocol (PIER)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like Pier Protocol.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Pier 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 Pier 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 Pier 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 Pier 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 Pier Protocol and the broader cryptocurrency market.

Question 2

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

Accepted Answer

Pier Protocol achieved the all-time high of 0.193728 in 2024-02-17, and is currently trading at 0.00393943.

Question 3

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

Accepted Answer

Pier Protocol reached its all-time low of  0.00393943 on 2024-08-15.

Question 4

What is the current market cap of Pier Protocol?

Accepted Answer

The current market cap of Pier Protocol is  , as  PIER is trading at the price of 0.00393943.

Question 5

How many Pier Protocol are there in the market?

Accepted Answer

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

Question 6

What is the maximum supply of Pier Protocol?

Accepted Answer

The maximum supply of PIER 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 Pier Protocol?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Pier Protocol is 39394.300000000. The FDV is calculated taking the assumption that all supply of Pier Protocol is circulation, multiplied by its current price of  0.00393943.

Question 8

What is the price prediction of Pier Protocol ?

Accepted Answer

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

Accepted Answer

Pier 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 Pier 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 Pier Protocol.

Question 10

How to buy Pier Protocol?

Accepted Answer

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

Pier Protocol Price

Pier Protocol(PIER) Price Live Chart

Pier Protocol(PIER) Price Today

PIER Price Data

PIER Market Cap Infos

PIER Supply

Pier Protocol(PIER) to Local currency Converter

About Pier Protocol (PIER)

Blogs You May Like about Pier Protocol(PIER)

Magic Square (SQR): A Web3 App Store Built for the Community

What Are Art Blocks: The Case of Generative Art NFTs

Smart Contract in Blockchain and How It Works

What is ASIC Resistant Crypto?