Question 1

What determines the price movement of BURN (BURN)?

Accepted Answer

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

Question 2

What is the highest price of BURN price in history?

Accepted Answer

BURN achieved the all-time high of 0.00002125 in 2023-12-04, and is currently trading at 0.00000278.

Question 3

What is the lowest price of BURN price in history?

Accepted Answer

BURN reached its all-time low of  0.000000574469 on 2023-05-22.

Question 4

What is the current market cap of BURN?

Accepted Answer

The current market cap of BURN is  , as  BURN is trading at the price of 0.00000278.

Question 5

How many BURN are there in the market?

Accepted Answer

There are currently  BURN circulating in the market. These BURN can be actively traded or used in the open market.

Question 6

What is the maximum supply of BURN?

Accepted Answer

The maximum supply of BURN is 20282409603651 , 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 BURN?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of BURN is 56385098.698149780. The FDV is calculated taking the assumption that all supply of BURN is circulation, multiplied by its current price of  0.00000278.

Question 8

What is the price prediction of BURN ?

Accepted Answer

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

Accepted Answer

BURN 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 BURN 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 BURN.

Question 10

How to buy BURN?

Accepted Answer

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

BURN Price

BURN (BURN) Price Live Chart

BURN (BURN) Price Today

BURN Price Data

BURN Market Cap Infos

BURN Supply

BURN (BURN) Credibility Indicators

BURN (BURN) to Local currency Converter

About BURN (BURN)

Learn More about BURN (BURN)

What is Proof of Burn?

SHIB Burn Rate Surges as Over 100 Million Tokens Are Removed

SHIB Price Prediction: Shiba Inu Burn Rate Falls 82%, What Impact Does This Have on the Price?

How Ethereum Became "Ultrasound Money": The Evolution of Issuance and Burn Mechanisms

Blogs You May Like about BURN (BURN)

What Does POB Mean? An In-Depth Exploration of the Proof of Burn Mechanism

XRP Price Prediction 2050: How Can the Burn Mechanism and Adoption Scenarios Drive a Value Surge?

How Is BABYDOGE Burn Progressing? Analysis Of Token Deflation And Market Effects

OKB Coin News: Token Burn Sparks Market Surge, OKB Price Breaks $125 to Hit All-Time High