Tr8bit Price

There are two schools of thought when it comes to determining the price of a cryptocurrency like Tr8bit.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Tr8bit, 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 Tr8bit.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Tr8bit 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 Tr8bit.
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 Tr8bit and the broader cryptocurrency market.

Tr8bit achieved the all-time high of $0.00000822 in 2023-12-01, and is currently trading at $0.0000007331.

Tr8bit reached its all-time low of $0.0000005742 on 2024-01-31.

The current market cap of Tr8bit is --, as -- TRB is trading at the price of $0.0000007331.

There are currently -- TRB circulating in the market. These Tr8bit can be actively traded or used in the open market.

The maximum supply of TRB is 25B , 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 Tr8bit is $18.32K. The FDV is calculated taking the assumption that all supply of Tr8bit is circulation, multiplied by its current price of $0.0000007331.

Using an algorithm to automatically identify historical data trends, this Tr8bit 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.

Tr8bit 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 Tr8bit 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 Tr8bit.

You can buy Tr8bit via Gate by following the steps on how to buy TRB once you have funded your account.