Hummingbird Finance [OLD] (HMNG) FAQ

Question 1

What determines the price movement of Hummingbird Finance [OLD] (HMNG)?

Accepted Answer

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

Question 2

What is the highest price of Hummingbird Finance [OLD] price in history?

Accepted Answer

Hummingbird Finance [OLD] achieved the all-time high of 0.00010118 in 2021-05-11, and is currently trading at 0.000000000001037.

Question 3

What is the lowest price of Hummingbird Finance [OLD] price in history?

Accepted Answer

Hummingbird Finance [OLD] reached its all-time low of  0.000000000000028489 on 2021-06-05.

Question 4

What is the current market cap of Hummingbird Finance [OLD]?

Accepted Answer

The current market cap of Hummingbird Finance [OLD] is  46665.0, as 45000000000000000 HMNG is trading at the price of 0.000000000001037.

Question 5

How many Hummingbird Finance [OLD] are there in the market?

Accepted Answer

There are currently 45000000000000000 HMNG circulating in the market. These Hummingbird Finance [OLD] can be actively traded or used in the open market.

Question 6

What is the maximum supply of Hummingbird Finance [OLD]?

Accepted Answer

The maximum supply of HMNG 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 Hummingbird Finance [OLD]?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Hummingbird Finance [OLD] is 103700. The FDV is calculated taking the assumption that all supply of Hummingbird Finance [OLD] is circulation, multiplied by its current price of  0.000000000001037.

Question 8

What is the price prediction of Hummingbird Finance [OLD] ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>Hummingbird Finance [OLD] 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 Hummingbird Finance [OLD] a good investment?

Accepted Answer

Hummingbird Finance [OLD] 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 Hummingbird Finance [OLD] 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 Hummingbird Finance [OLD].

Question 10

How to buy Hummingbird Finance [OLD]?

Accepted Answer

You can buy Hummingbird Finance [OLD] via Gate by following the steps on <0>how to buy HMNG once you have funded your account.

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