Smileycoin (SMLY) FAQ

Question 1

What determines the price movement of Smileycoin (SMLY)?

Accepted Answer

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

Question 2

What is the highest price of Smileycoin price in history?

Accepted Answer

Smileycoin achieved the all-time high of 0.00057639 in 2018-01-27, and is currently trading at 0.00000405.

Question 3

What is the lowest price of Smileycoin price in history?

Accepted Answer

Smileycoin reached its all-time low of  0.00000111 on 2020-05-19.

Question 4

What is the current market cap of Smileycoin?

Accepted Answer

The current market cap of Smileycoin is  149397.61500000002, as 36888300000 SMLY is trading at the price of 0.00000405.

Question 5

How many Smileycoin are there in the market?

Accepted Answer

There are currently 36888300000 SMLY circulating in the market. These Smileycoin can be actively traded or used in the open market.

Question 6

What is the maximum supply of Smileycoin?

Accepted Answer

The maximum supply of SMLY is 48000000000 , 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 Smileycoin?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Smileycoin is 194400.000000000. The FDV is calculated taking the assumption that all supply of Smileycoin is circulation, multiplied by its current price of  0.00000405.

Question 8

What is the price prediction of Smileycoin ?

Accepted Answer

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

Accepted Answer

Smileycoin 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 Smileycoin 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 Smileycoin.

Question 10

How to buy Smileycoin?

Accepted Answer

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

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