Staked Frax Ether (SFRXETH) FAQ

Question 1

What determines the price movement of Staked Frax Ether (SFRXETH)?

Accepted Answer

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

Question 2

What is the highest price of Staked Frax Ether price in history?

Accepted Answer

Staked Frax Ether achieved the all-time high of 7545.09 in 2023-02-16, and is currently trading at 3861.52.

Question 3

What is the lowest price of Staked Frax Ether price in history?

Accepted Answer

Staked Frax Ether reached its all-time low of  1147.58 on 2022-12-23.

Question 4

What is the current market cap of Staked Frax Ether?

Accepted Answer

The current market cap of Staked Frax Ether is  242700967.9998046, as 62851.14877038176 SFRXETH is trading at the price of 3861.52.

Question 5

How many Staked Frax Ether are there in the market?

Accepted Answer

There are currently 62851.14877038176 SFRXETH circulating in the market. These Staked Frax Ether can be actively traded or used in the open market.

Question 6

What is the maximum supply of Staked Frax Ether?

Accepted Answer

The maximum supply of SFRXETH is ∞ , 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 Staked Frax Ether?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Staked Frax Ether is 242700967.9998045738752. The FDV is calculated taking the assumption that all supply of Staked Frax Ether is circulation, multiplied by its current price of  3861.52.

Question 8

What is the price prediction of Staked Frax Ether ?

Accepted Answer

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

Accepted Answer

Staked Frax Ether 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 Staked Frax Ether 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 Staked Frax Ether.

Question 10

How to buy Staked Frax Ether?

Accepted Answer

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

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