Question 1

What determines the price movement of Sherlock Defi (SLOCK)?

Accepted Answer

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

Question 2

What is the highest price of Sherlock Defi price in history?

Accepted Answer

Sherlock Defi achieved the all-time high of 0.00164046 in 2023-04-27, and is currently trading at 0.00001.

Question 3

What is the lowest price of Sherlock Defi price in history?

Accepted Answer

Sherlock Defi reached its all-time low of  0.0000098 on 2024-04-10.

Question 4

What is the current market cap of Sherlock Defi?

Accepted Answer

The current market cap of Sherlock Defi is  , as  SLOCK is trading at the price of 0.00001.

Question 5

How many Sherlock Defi are there in the market?

Accepted Answer

There are currently  SLOCK circulating in the market. These Sherlock Defi can be actively traded or used in the open market.

Question 6

What is the maximum supply of Sherlock Defi?

Accepted Answer

The maximum supply of SLOCK is 100000000 , 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 Sherlock Defi?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Sherlock Defi is 1000.000000. The FDV is calculated taking the assumption that all supply of Sherlock Defi is circulation, multiplied by its current price of  0.00001.

Question 8

What is the price prediction of Sherlock Defi ?

Accepted Answer

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

Accepted Answer

Sherlock Defi 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 Sherlock Defi 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 Sherlock Defi.

Question 10

How to buy Sherlock Defi?

Accepted Answer

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

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About Sherlock Defi (SLOCK)

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