Question 1

What determines the price movement of DeFIL (DFL)?

Accepted Answer

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

Question 2

What is the highest price of DeFIL price in history?

Accepted Answer

DeFIL achieved the all-time high of 0.8616 in 2021-08-16, and is currently trading at 0.00082859.

Question 3

What is the lowest price of DeFIL price in history?

Accepted Answer

DeFIL reached its all-time low of  0.00070491 on 2024-07-10.

Question 4

What is the current market cap of DeFIL?

Accepted Answer

The current market cap of DeFIL is  64810.749565030004, as 78218117 DFL is trading at the price of 0.00082859.

Question 5

How many DeFIL are there in the market?

Accepted Answer

There are currently 78218117 DFL circulating in the market. These DeFIL can be actively traded or used in the open market.

Question 6

What is the maximum supply of DeFIL?

Accepted Answer

The maximum supply of DFL is 87726620 , 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 DeFIL?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of DeFIL is 72689.400065800. The FDV is calculated taking the assumption that all supply of DeFIL is circulation, multiplied by its current price of  0.00082859.

Question 8

What is the price prediction of DeFIL ?

Accepted Answer

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

Accepted Answer

DeFIL 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 DeFIL 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 DeFIL.

Question 10

How to buy DeFIL?

Accepted Answer

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

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