Heroes of NFT Price

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

Heroes of NFT achieved the all-time high of $0.4274 in 2022-02-09, and is currently trading at $0.008027.

Heroes of NFT reached its all-time low of $0.002606 on 2022-12-12.

The current market cap of Heroes of NFT is $668.26K, as 83.24M HON is trading at the price of $0.008027.

There are currently 83.24M HON circulating in the market. These Heroes of NFT can be actively traded or used in the open market.

The maximum supply of HON is 200M , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Heroes of NFT is $1.6M. The FDV is calculated taking the assumption that all supply of Heroes of NFT is circulation, multiplied by its current price of $0.008027.

Using an algorithm to automatically identify historical data trends, this Heroes of NFT 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.

Heroes of NFT 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 Heroes of NFT 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 do your own research (DYOR) before investing in Heroes of NFT.

You can buy Heroes of NFT via Gate by following the steps on how to buy HON once you have funded your account.