Staking Compound ORAI (SCORAI) FAQ

Question 1

What determines the price movement of Staking Compound ORAI (SCORAI)?

Accepted Answer

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

Question 2

What is the highest price of Staking Compound ORAI price in history?

Accepted Answer

Staking Compound ORAI achieved the all-time high of 367.28 in 2024-08-10, and is currently trading at 2.21.

Question 3

What is the lowest price of Staking Compound ORAI price in history?

Accepted Answer

Staking Compound ORAI reached its all-time low of  0.908062 on 2023-07-17.

Question 4

What is the current market cap of Staking Compound ORAI?

Accepted Answer

The current market cap of Staking Compound ORAI is  , as  SCORAI is trading at the price of 2.21.

Question 5

How many Staking Compound ORAI are there in the market?

Accepted Answer

There are currently  SCORAI circulating in the market. These Staking Compound ORAI can be actively traded or used in the open market.

Question 6

What is the maximum supply of Staking Compound ORAI?

Accepted Answer

The maximum supply of SCORAI 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 Staking Compound ORAI?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Staking Compound ORAI is 207.740. The FDV is calculated taking the assumption that all supply of Staking Compound ORAI is circulation, multiplied by its current price of  2.21.

Question 8

What is the price prediction of Staking Compound ORAI ?

Accepted Answer

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

Accepted Answer

Staking Compound ORAI 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 Staking Compound ORAI 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 Staking Compound ORAI.

Question 10

How to buy Staking Compound ORAI?

Accepted Answer

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

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