Crosschain IOTX (CIOTX) FAQ

Question 1

What determines the price movement of Crosschain IOTX (CIOTX)?

Accepted Answer

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

Question 2

What is the highest price of Crosschain IOTX price in history?

Accepted Answer

Crosschain IOTX achieved the all-time high of 0.251782 in 2021-11-13, and is currently trading at 0.01132411.

Question 3

What is the lowest price of Crosschain IOTX price in history?

Accepted Answer

Crosschain IOTX reached its all-time low of  0.00093157 on 2022-09-12.

Question 4

What is the current market cap of Crosschain IOTX?

Accepted Answer

The current market cap of Crosschain IOTX is  150990.05465733, as 13333503 CIOTX is trading at the price of 0.01132411.

Question 5

How many Crosschain IOTX are there in the market?

Accepted Answer

There are currently 13333503 CIOTX circulating in the market. These Crosschain IOTX can be actively traded or used in the open market.

Question 6

What is the maximum supply of Crosschain IOTX?

Accepted Answer

The maximum supply of CIOTX is 10000000000 , 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 Crosschain IOTX?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Crosschain IOTX is 113241100.000000000. The FDV is calculated taking the assumption that all supply of Crosschain IOTX is circulation, multiplied by its current price of  0.01132411.

Question 8

What is the price prediction of Crosschain IOTX ?

Accepted Answer

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

Accepted Answer

Crosschain IOTX 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 Crosschain IOTX 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 Crosschain IOTX.

Question 10

How to buy Crosschain IOTX?

Accepted Answer

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

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