SBTC Litepaper

There are two perspectives on how the price of GMM is determined.

Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of GMM. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect GMM's value.

Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of GMM based on past trends, based on the principle that 'history tends to repeat itself.' Price action of GMM is also affected by news, announcements, and the general sentiment of the community.

While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of GMM.

GMM reached an all-time high of $0.0129 in 2022-04-03, while its current trading price is $0.00006063.

GMM reached its historical low of $0.00004658 in 2022-04-03.