Question 1

What determines the price movement of Xbit (XBT)?

Accepted Answer

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

Question 2

What is the highest price of Xbit price in history?

Accepted Answer

Xbit achieved the all-time high of 13.39 in 2021-09-05, and is currently trading at 0.01090016.

Question 3

What is the lowest price of Xbit price in history?

Accepted Answer

Xbit reached its all-time low of  0.00198531 on 2022-05-04.

Question 4

What is the current market cap of Xbit?

Accepted Answer

The current market cap of Xbit is  9406838.08, as 863000000 XBT is trading at the price of 0.01090016.

Question 5

How many Xbit are there in the market?

Accepted Answer

There are currently 863000000 XBT circulating in the market. These Xbit can be actively traded or used in the open market.

Question 6

What is the maximum supply of Xbit?

Accepted Answer

The maximum supply of XBT 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 Xbit?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Xbit is 10900160.000000000. The FDV is calculated taking the assumption that all supply of Xbit is circulation, multiplied by its current price of  0.01090016.

Question 8

What is the price prediction of Xbit ?

Accepted Answer

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

Accepted Answer

Xbit 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 Xbit 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 Xbit.

Question 10

How to buy Xbit?

Accepted Answer

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

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