Question 1

What determines the price movement of Tranquility City (LUMEN)?

Accepted Answer

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

Question 2

What is the highest price of Tranquility City price in history?

Accepted Answer

Tranquility City achieved the all-time high of 2.59 in 2022-01-18, and is currently trading at 0.00796583.

Question 3

What is the lowest price of Tranquility City price in history?

Accepted Answer

Tranquility City reached its all-time low of  0.0042222 on 2023-10-05.

Question 4

What is the current market cap of Tranquility City?

Accepted Answer

The current market cap of Tranquility City is  , as  LUMEN is trading at the price of 0.00796583.

Question 5

How many Tranquility City are there in the market?

Accepted Answer

There are currently  LUMEN circulating in the market. These Tranquility City can be actively traded or used in the open market.

Question 6

What is the maximum supply of Tranquility City?

Accepted Answer

The maximum supply of LUMEN is 15000000 , 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 Tranquility City?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Tranquility City is 119487.450000000. The FDV is calculated taking the assumption that all supply of Tranquility City is circulation, multiplied by its current price of  0.00796583.

Question 8

What is the price prediction of Tranquility City ?

Accepted Answer

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

Accepted Answer

Tranquility City 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 Tranquility City 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 Tranquility City.

Question 10

How to buy Tranquility City?

Accepted Answer

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

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