Question 1

What determines the price movement of Backbone staked OSMO (BOSMO)?

Accepted Answer

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

Question 2

What is the highest price of Backbone staked OSMO price in history?

Accepted Answer

Backbone staked OSMO achieved the all-time high of 0.976928 in 2024-04-24, and is currently trading at 0.20453.

Question 3

What is the lowest price of Backbone staked OSMO price in history?

Accepted Answer

Backbone staked OSMO reached its all-time low of  0.1546 on 2025-07-01.

Question 4

What is the current market cap of Backbone staked OSMO?

Accepted Answer

The current market cap of Backbone staked OSMO is  , as  BOSMO is trading at the price of 0.20453.

Question 5

How many Backbone staked OSMO are there in the market?

Accepted Answer

There are currently  BOSMO circulating in the market. These Backbone staked OSMO can be actively traded or used in the open market.

Question 6

What is the maximum supply of Backbone staked OSMO?

Accepted Answer

The maximum supply of BOSMO is 1000000000 , 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 Backbone staked OSMO?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Backbone staked OSMO is 204530000.000000. The FDV is calculated taking the assumption that all supply of Backbone staked OSMO is circulation, multiplied by its current price of  0.20453.

Question 8

What is the price prediction of Backbone staked OSMO ?

Accepted Answer

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

Accepted Answer

Backbone staked OSMO 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 Backbone staked OSMO 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 Backbone staked OSMO.

Question 10

How to buy Backbone staked OSMO?

Accepted Answer

You can buy Backbone staked OSMO via Gate by following the steps on <0>how to buy BOSMO once you have funded your account.

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