Spice Trade (SPICE) FAQ

Question 1

What determines the price movement of Spice Trade (SPICE)?

Accepted Answer

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

Question 2

What is the highest price of Spice Trade price in history?

Accepted Answer

Spice Trade achieved the all-time high of 0.113911 in 2022-06-01, and is currently trading at 0.00033673.

Question 3

What is the lowest price of Spice Trade price in history?

Accepted Answer

Spice Trade reached its all-time low of  0.00019895 on 2023-11-03.

Question 4

What is the current market cap of Spice Trade?

Accepted Answer

The current market cap of Spice Trade is  490.84458639999997, as 1457680 SPICE is trading at the price of 0.00033673.

Question 5

How many Spice Trade are there in the market?

Accepted Answer

There are currently 1457680 SPICE circulating in the market. These Spice Trade can be actively traded or used in the open market.

Question 6

What is the maximum supply of Spice Trade?

Accepted Answer

The maximum supply of SPICE 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 Spice Trade?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Spice Trade is 19402.58173698215328. The FDV is calculated taking the assumption that all supply of Spice Trade is circulation, multiplied by its current price of  0.00033673.

Question 8

What is the price prediction of Spice Trade ?

Accepted Answer

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

Accepted Answer

Spice Trade 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 Spice Trade 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 Spice Trade.

Question 10

How to buy Spice Trade?

Accepted Answer

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

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