X42 Protocol Price X42

There are two schools of thought when it comes to determining the price of a cryptocurrency like X42 Protocol.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of X42 Protocol, 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 X42 Protocol.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of X42 Protocol 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 X42 Protocol.
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 X42 Protocol and the broader cryptocurrency market.

X42 Protocol achieved the all-time high of $1.61 in 2018-11-14, and is currently trading at $0.003162.

X42 Protocol reached its all-time low of $0.0001499 on 2023-01-27.

The current market cap of X42 Protocol is $69.28K, as 21.91M X42 is trading at the price of $0.003162.

There are currently 21.91M X42 circulating in the market. These X42 Protocol can be actively traded or used in the open market.

The maximum supply of X42 is 42.00M , 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 X42 Protocol is $132.81K. The FDV is calculated taking the assumption that all supply of X42 Protocol is circulation, multiplied by its current price of $0.003162.

Using an algorithm to automatically identify historical data trends, this X42 Protocol 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.

X42 Protocol 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 X42 Protocol 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 X42 Protocol.

You can buy X42 Protocol via Gate.io by following the steps on how to buy X42 once you have funded your account.