Question 1

What determines the price movement of Utility Web3Shot (UW3S)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like Utility Web3Shot.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Utility Web3Shot, 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 Utility Web3Shot. By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Utility Web3Shot 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 Utility Web3Shot. 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 Utility Web3Shot and the broader cryptocurrency market.

Question 2

What is the highest price of Utility Web3Shot price in history?

Accepted Answer

Utility Web3Shot achieved the all-time high of 1.26 in 2023-06-20, and is currently trading at 0.119568.

Question 3

What is the lowest price of Utility Web3Shot price in history?

Accepted Answer

Utility Web3Shot reached its all-time low of  0.02451666 on 2023-05-05.

Question 4

What is the current market cap of Utility Web3Shot?

Accepted Answer

The current market cap of Utility Web3Shot is  2953401.3408, as 24700600 UW3S is trading at the price of 0.119568.

Question 5

How many Utility Web3Shot are there in the market?

Accepted Answer

There are currently 24700600 UW3S circulating in the market. These Utility Web3Shot can be actively traded or used in the open market.

Question 6

What is the maximum supply of Utility Web3Shot?

Accepted Answer

The maximum supply of UW3S is 10000000000 , 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 Utility Web3Shot?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Utility Web3Shot is 1195680000.0000000. The FDV is calculated taking the assumption that all supply of Utility Web3Shot is circulation, multiplied by its current price of  0.119568.

Question 8

What is the price prediction of Utility Web3Shot ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>Utility Web3Shot 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 Utility Web3Shot a good investment?

Accepted Answer

Utility Web3Shot 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 Utility Web3Shot 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 Utility Web3Shot.

Question 10

How to buy Utility Web3Shot?

Accepted Answer

You can buy Utility Web3Shot via Gate by following the steps on <0>how to buy UW3S once you have funded your account.

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About Utility Web3Shot (UW3S)

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