CORE MultiChain (CMCX) FAQ

Question 1

What determines the price movement of CORE MultiChain (CMCX)?

Accepted Answer

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

Question 2

What is the highest price of CORE MultiChain price in history?

Accepted Answer

CORE MultiChain achieved the all-time high of 0.04197522 in 2022-01-15, and is currently trading at 0.00001705.

Question 3

What is the lowest price of CORE MultiChain price in history?

Accepted Answer

CORE MultiChain reached its all-time low of  0.00000319 on 2024-12-23.

Question 4

What is the current market cap of CORE MultiChain?

Accepted Answer

The current market cap of CORE MultiChain is  51150.0, as 3000000000 CMCX is trading at the price of 0.00001705.

Question 5

How many CORE MultiChain are there in the market?

Accepted Answer

There are currently 3000000000 CMCX circulating in the market. These CORE MultiChain can be actively traded or used in the open market.

Question 6

What is the maximum supply of CORE MultiChain?

Accepted Answer

The maximum supply of CMCX is 20000000000 , 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 CORE MultiChain?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of CORE MultiChain is 341000.000000000. The FDV is calculated taking the assumption that all supply of CORE MultiChain is circulation, multiplied by its current price of  0.00001705.

Question 8

What is the price prediction of CORE MultiChain ?

Accepted Answer

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

Accepted Answer

CORE MultiChain 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 CORE MultiChain 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 CORE MultiChain.

Question 10

How to buy CORE MultiChain?

Accepted Answer

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

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