Question 1

What determines the price movement of Shilly Bar (SHBAR)?

Accepted Answer

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

Question 2

What is the highest price of Shilly Bar price in history?

Accepted Answer

Shilly Bar achieved the all-time high of 0.00000676 in 2021-11-30, and is currently trading at 0.000000199584.

Question 3

What is the lowest price of Shilly Bar price in history?

Accepted Answer

Shilly Bar reached its all-time low of  0.00000018788 on 2023-07-30.

Question 4

What is the current market cap of Shilly Bar?

Accepted Answer

The current market cap of Shilly Bar is  19958.399999999998, as 100000000000 SHBAR is trading at the price of 0.000000199584.

Question 5

How many Shilly Bar are there in the market?

Accepted Answer

There are currently 100000000000 SHBAR circulating in the market. These Shilly Bar can be actively traded or used in the open market.

Question 6

What is the maximum supply of Shilly Bar?

Accepted Answer

The maximum supply of SHBAR 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 Shilly Bar?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Shilly Bar is 19958.4000000000000. The FDV is calculated taking the assumption that all supply of Shilly Bar is circulation, multiplied by its current price of  0.000000199584.

Question 8

What is the price prediction of Shilly Bar ?

Accepted Answer

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

Accepted Answer

Shilly Bar 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 Shilly Bar 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 Shilly Bar.

Question 10

How to buy Shilly Bar?

Accepted Answer

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

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About Shilly Bar (SHBAR)

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