Digital Fitness (DEFIT) FAQ

Question 1

What determines the price movement of Digital Fitness (DEFIT)?

Accepted Answer

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

Question 2

What is the highest price of Digital Fitness price in history?

Accepted Answer

Digital Fitness achieved the all-time high of 1.28 in 2021-04-08, and is currently trading at 0.057911.

Question 3

What is the lowest price of Digital Fitness price in history?

Accepted Answer

Digital Fitness reached its all-time low of  0.0138919 on 2023-10-30.

Question 4

What is the current market cap of Digital Fitness?

Accepted Answer

The current market cap of Digital Fitness is  1816812.7651033024, as 31372498.577184 DEFIT is trading at the price of 0.057911.

Question 5

How many Digital Fitness are there in the market?

Accepted Answer

There are currently 31372498.577184 DEFIT circulating in the market. These Digital Fitness can be actively traded or used in the open market.

Question 6

What is the maximum supply of Digital Fitness?

Accepted Answer

The maximum supply of DEFIT is 50000000 , 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 Digital Fitness?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Digital Fitness is 2895550.0000000. The FDV is calculated taking the assumption that all supply of Digital Fitness is circulation, multiplied by its current price of  0.057911.

Question 8

What is the price prediction of Digital Fitness ?

Accepted Answer

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

Accepted Answer

Digital Fitness 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 Digital Fitness 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 Digital Fitness.

Question 10

How to buy Digital Fitness?

Accepted Answer

You can buy Digital Fitness via Gate by following the steps on <0>how to buy DEFIT once you have funded your account.

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