Multichain Bridged WBTC (Energi) Price

There are two schools of thought when it comes to determining the price of a cryptocurrency like Multichain Bridged WBTC (Energi).
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Multichain Bridged WBTC (Energi), collectively known as 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 Multichain Bridged WBTC (Energi).
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Multichain Bridged WBTC (Energi) 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 Multichain Bridged WBTC (Energi).
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 Multichain Bridged WBTC (Energi) and the broader cryptocurrency market.

Multichain Bridged WBTC (Energi) achieved the all-time high of $115,204 in 2024-12-15, and is currently trading at $106,486.

Multichain Bridged WBTC (Energi) reached its all-time low of $51,636 on 2024-09-08.

The current market cap of Multichain Bridged WBTC (Energi) is $286.25K, as 2.68 WBTC is trading at the price of $106,486.

There are currently 2.68 WBTC circulating in the market. These Multichain Bridged WBTC (Energi) can be actively traded or used in the open market.

The maximum supply of WBTC is ∞ , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Multichain Bridged WBTC (Energi) is $286.25K. The FDV is calculated taking the assumption that all supply of Multichain Bridged WBTC (Energi) is circulation, multiplied by its current price of $106,486.

Using an algorithm to automatically identify historical data trends, this Multichain Bridged WBTC (Energi) 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.

Multichain Bridged WBTC (Energi) 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 Multichain Bridged WBTC (Energi) 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 do your own research (DYOR) before investing in Multichain Bridged WBTC (Energi).

You can buy Multichain Bridged WBTC (Energi) via Gate by following the steps on how to buy WBTC once you have funded your account.