ICHI (ICHI) FAQ

Question 1

What determines the price movement of ICHI (ICHI)?

Accepted Answer

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

Question 2

What is the highest price of ICHI price in history?

Accepted Answer

ICHI achieved the all-time high of 143.93 in 2022-04-08, and is currently trading at 0.311578.

Question 3

What is the lowest price of ICHI price in history?

Accepted Answer

ICHI reached its all-time low of  0.247096 on 2020-11-22.

Question 4

What is the current market cap of ICHI?

Accepted Answer

The current market cap of ICHI is  2922421.513977896, as 9379421.891076699 ICHI is trading at the price of 0.311578.

Question 5

How many ICHI are there in the market?

Accepted Answer

There are currently 9379421.891076699 ICHI circulating in the market. These ICHI can be actively traded or used in the open market.

Question 6

What is the maximum supply of ICHI?

Accepted Answer

The maximum supply of ICHI is 10000000 , 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 ICHI?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of ICHI is 3115780.0000000. The FDV is calculated taking the assumption that all supply of ICHI is circulation, multiplied by its current price of  0.311578.

Question 8

What is the price prediction of ICHI ?

Accepted Answer

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

Accepted Answer

ICHI 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 ICHI 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 ICHI.

Question 10

How to buy ICHI?

Accepted Answer

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

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