Question 1

What determines the price movement of SHIB (Ordinals) (SHIB)?

Accepted Answer

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

Question 2

What is the highest price of SHIB (Ordinals) price in history?

Accepted Answer

SHIB (Ordinals) achieved the all-time high of 0.000000240681 in 2023-12-05, and is currently trading at 0.000000015444.

Question 3

What is the lowest price of SHIB (Ordinals) price in history?

Accepted Answer

SHIB (Ordinals) reached its all-time low of  0.000000014233 on 2023-12-11.

Question 4

What is the current market cap of SHIB (Ordinals)?

Accepted Answer

The current market cap of SHIB (Ordinals) is  1544400.0, as 100000000000000 SHIB is trading at the price of 0.000000015444.

Question 5

How many SHIB (Ordinals) are there in the market?

Accepted Answer

There are currently 100000000000000 SHIB circulating in the market. These SHIB (Ordinals) can be actively traded or used in the open market.

Question 6

What is the maximum supply of SHIB (Ordinals)?

Accepted Answer

The maximum supply of SHIB is 100000000000000 , 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 SHIB (Ordinals)?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of SHIB (Ordinals) is 1544400.0000000000000. The FDV is calculated taking the assumption that all supply of SHIB (Ordinals) is circulation, multiplied by its current price of  0.000000015444.

Question 8

What is the price prediction of SHIB (Ordinals) ?

Accepted Answer

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

Accepted Answer

SHIB (Ordinals) 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 SHIB (Ordinals) 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 SHIB (Ordinals).

Question 10

How to buy SHIB (Ordinals)?

Accepted Answer

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

Year	Minimum Price	Highest Price	Average Price	Change
2025	$0.000008003	$0.0000166	$0.00001194	+77250.00%
2026	$0.000009136	$0.0000197	$0.00001427	+92333.00%
2027	$0.000009343	$0.00002242	$0.00001698	+109896.00%
2028	$0.00001221	$0.00002246	$0.0000197	+127495.00%
2029	$0.0000156	$0.00002719	$0.00002108	+136427.00%
2030	$0.00001641	$0.00003573	$0.00002414	+156223.00%

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