Wrapped Kava Price WKAVA

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

Wrapped Kava achieved the all-time high of $10.42 in 2023-07-15, and is currently trading at $0.3951.

Wrapped Kava reached its all-time low of $0.2498 on 2024-08-05.

The current market cap of Wrapped Kava is $4.89M, as 12.39M WKAVA is trading at the price of $0.3951.

There are currently 12.39M WKAVA circulating in the market. These Wrapped Kava can be actively traded or used in the open market.

The maximum supply of WKAVA 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 Wrapped Kava is $4.89M. The FDV is calculated taking the assumption that all supply of Wrapped Kava is circulation, multiplied by its current price of $0.3951.

Using an algorithm to automatically identify historical data trends, this Wrapped Kava 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.

Wrapped Kava 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 Wrapped Kava 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 Wrapped Kava.

You can buy Wrapped Kava via Gate.io by following the steps on how to buy WKAVA once you have funded your account.