Question 1

What determines the price movement of MAI (Avalanche) (MIMATIC)?

Accepted Answer

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

Question 2

What is the highest price of MAI (Avalanche) price in history?

Accepted Answer

MAI (Avalanche) achieved the all-time high of 1.73 in 2024-12-16, and is currently trading at 0.74032.

Question 3

What is the lowest price of MAI (Avalanche) price in history?

Accepted Answer

MAI (Avalanche) reached its all-time low of  0.606306 on 2024-03-18.

Question 4

What is the current market cap of MAI (Avalanche)?

Accepted Answer

The current market cap of MAI (Avalanche) is  , as  MIMATIC is trading at the price of 0.74032.

Question 5

How many MAI (Avalanche) are there in the market?

Accepted Answer

There are currently  MIMATIC circulating in the market. These MAI (Avalanche) can be actively traded or used in the open market.

Question 6

What is the maximum supply of MAI (Avalanche)?

Accepted Answer

The maximum supply of MIMATIC 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 MAI (Avalanche)?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of MAI (Avalanche) is 1242077.6618992. The FDV is calculated taking the assumption that all supply of MAI (Avalanche) is circulation, multiplied by its current price of  0.74032.

Question 8

What is the price prediction of MAI (Avalanche) ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>MAI (Avalanche) 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 MAI (Avalanche) a good investment?

Accepted Answer

MAI (Avalanche) 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 MAI (Avalanche) 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 MAI (Avalanche).

Question 10

How to buy MAI (Avalanche)?

Accepted Answer

You can buy MAI (Avalanche) via Gate by following the steps on <0>how to buy MIMATIC once you have funded your account.

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