SokuSwap (SOKU) FAQ

Question 1

What determines the price movement of SokuSwap (SOKU)?

Accepted Answer

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

Question 2

What is the highest price of SokuSwap price in history?

Accepted Answer

SokuSwap achieved the all-time high of 0.04293138 in 2022-02-22, and is currently trading at 0.00001193.

Question 3

What is the lowest price of SokuSwap price in history?

Accepted Answer

SokuSwap reached its all-time low of  0.00000378 on 2024-09-16.

Question 4

What is the current market cap of SokuSwap?

Accepted Answer

The current market cap of SokuSwap is  2504.09943638, as 209899366 SOKU is trading at the price of 0.00001193.

Question 5

How many SokuSwap are there in the market?

Accepted Answer

There are currently 209899366 SOKU circulating in the market. These SokuSwap can be actively traded or used in the open market.

Question 6

What is the maximum supply of SokuSwap?

Accepted Answer

The maximum supply of SOKU is 222222222 , 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 SokuSwap?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of SokuSwap is 2651.111108460. The FDV is calculated taking the assumption that all supply of SokuSwap is circulation, multiplied by its current price of  0.00001193.

Question 8

What is the price prediction of SokuSwap ?

Accepted Answer

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

Accepted Answer

SokuSwap 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 SokuSwap 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 SokuSwap.

Question 10

How to buy SokuSwap?

Accepted Answer

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

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