Question 1

What determines the price movement of ROVI Protocol (ROVI)?

Accepted Answer

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

Question 2

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

Accepted Answer

ROVI Protocol achieved the all-time high of 0.190136 in 2023-12-13, and is currently trading at 0.0226022.

Question 3

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

Accepted Answer

ROVI Protocol reached its all-time low of  0.00500629 on 2023-02-08.

Question 4

What is the current market cap of ROVI Protocol?

Accepted Answer

The current market cap of ROVI Protocol is  , as  ROVI is trading at the price of 0.0226022.

Question 5

How many ROVI Protocol are there in the market?

Accepted Answer

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

Question 6

What is the maximum supply of ROVI Protocol?

Accepted Answer

The maximum supply of ROVI 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 ROVI Protocol?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of ROVI Protocol is 22602200.00000000. The FDV is calculated taking the assumption that all supply of ROVI Protocol is circulation, multiplied by its current price of  0.0226022.

Question 8

What is the price prediction of ROVI Protocol ?

Accepted Answer

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

Accepted Answer

ROVI 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 ROVI 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 ROVI Protocol.

Question 10

How to buy ROVI Protocol?

Accepted Answer

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

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