Scholarship Coin (SCHO) FAQ

Question 1

What determines the price movement of Scholarship Coin (SCHO)?

Accepted Answer

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

Question 2

What is the highest price of Scholarship Coin price in history?

Accepted Answer

Scholarship Coin achieved the all-time high of 6.07 in 2022-10-13, and is currently trading at 0.00064642.

Question 3

What is the lowest price of Scholarship Coin price in history?

Accepted Answer

Scholarship Coin reached its all-time low of  0.00015012 on 2023-04-23.

Question 4

What is the current market cap of Scholarship Coin?

Accepted Answer

The current market cap of Scholarship Coin is  10955.84937, as 16948500 SCHO is trading at the price of 0.00064642.

Question 5

How many Scholarship Coin are there in the market?

Accepted Answer

There are currently 16948500 SCHO circulating in the market. These Scholarship Coin can be actively traded or used in the open market.

Question 6

What is the maximum supply of Scholarship Coin?

Accepted Answer

The maximum supply of SCHO is 20000000 , 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 Scholarship Coin?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Scholarship Coin is 12928.400000000. The FDV is calculated taking the assumption that all supply of Scholarship Coin is circulation, multiplied by its current price of  0.00064642.

Question 8

What is the price prediction of Scholarship Coin ?

Accepted Answer

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

Accepted Answer

Scholarship Coin 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 Scholarship Coin 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 Scholarship Coin.

Question 10

How to buy Scholarship Coin?

Accepted Answer

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

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