Bridged USD Coin (IoTeX) (IOUSDC) FAQ

Question 1

What determines the price movement of Bridged USD Coin (IoTeX) (IOUSDC)?

Accepted Answer

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

Question 2

What is the highest price of Bridged USD Coin (IoTeX) price in history?

Accepted Answer

Bridged USD Coin (IoTeX) achieved the all-time high of 1.32 in 2021-11-03, and is currently trading at 0.050298.

Question 3

What is the lowest price of Bridged USD Coin (IoTeX) price in history?

Accepted Answer

Bridged USD Coin (IoTeX) reached its all-time low of  0.836274 on 2023-06-10.

Question 4

What is the current market cap of Bridged USD Coin (IoTeX)?

Accepted Answer

The current market cap of Bridged USD Coin (IoTeX) is  91378.7365194384, as 1816746.918753 IOUSDC is trading at the price of 0.050298.

Question 5

How many Bridged USD Coin (IoTeX) are there in the market?

Accepted Answer

There are currently 1816746.918753 IOUSDC circulating in the market. These Bridged USD Coin (IoTeX) can be actively traded or used in the open market.

Question 6

What is the maximum supply of Bridged USD Coin (IoTeX)?

Accepted Answer

The maximum supply of IOUSDC is ∞ , 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 Bridged USD Coin (IoTeX)?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Bridged USD Coin (IoTeX) is 91378.736519438394. The FDV is calculated taking the assumption that all supply of Bridged USD Coin (IoTeX) is circulation, multiplied by its current price of  0.050298.

Question 8

What is the price prediction of Bridged USD Coin (IoTeX) ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>Bridged USD Coin (IoTeX) 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 Bridged USD Coin (IoTeX) a good investment?

Accepted Answer

Bridged USD Coin (IoTeX) 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 Bridged USD Coin (IoTeX) 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 Bridged USD Coin (IoTeX).

Question 10

How to buy Bridged USD Coin (IoTeX)?

Accepted Answer

You can buy Bridged USD Coin (IoTeX) via Gate by following the steps on <0>how to buy IOUSDC once you have funded your account.

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