Question 1

What determines the price movement of PREME Token (PREME)?

Accepted Answer

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

Question 2

What is the highest price of PREME Token price in history?

Accepted Answer

PREME Token achieved the all-time high of 0.03344384 in 2024-05-21, and is currently trading at 0.0028747.

Question 3

What is the lowest price of PREME Token price in history?

Accepted Answer

PREME Token reached its all-time low of  0.00206773 on 2024-07-10.

Question 4

What is the current market cap of PREME Token?

Accepted Answer

The current market cap of PREME Token is  355143.0490589848, as 123540908.2892075 PREME is trading at the price of 0.0028747.

Question 5

How many PREME Token are there in the market?

Accepted Answer

There are currently 123540908.2892075 PREME circulating in the market. These PREME Token can be actively traded or used in the open market.

Question 6

What is the maximum supply of PREME Token?

Accepted Answer

The maximum supply of PREME is 239322833.1767141 , 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 PREME Token?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of PREME Token is 687981.34853310002327. The FDV is calculated taking the assumption that all supply of PREME Token is circulation, multiplied by its current price of  0.0028747.

Question 8

What is the price prediction of PREME Token ?

Accepted Answer

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

Accepted Answer

PREME Token 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 PREME Token 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 PREME Token.

Question 10

How to buy PREME Token?

Accepted Answer

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

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