Burncoin (BURN) FAQ

Question 1

What determines the price movement of Burncoin (BURN)?

Accepted Answer

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

Question 2

What is the highest price of Burncoin price in history?

Accepted Answer

Burncoin achieved the all-time high of 0.00057128 in 2024-05-05, and is currently trading at 0.00001217.

Question 3

What is the lowest price of Burncoin price in history?

Accepted Answer

Burncoin reached its all-time low of  0.00001122 on 2026-02-02.

Question 4

What is the current market cap of Burncoin?

Accepted Answer

The current market cap of Burncoin is  27177.673975023896, as 2233169595.318315 BURN is trading at the price of 0.00001217.

Question 5

How many Burncoin are there in the market?

Accepted Answer

There are currently 2233169595.318315 BURN circulating in the market. These Burncoin can be actively traded or used in the open market.

Question 6

What is the maximum supply of Burncoin?

Accepted Answer

The maximum supply of BURN is 5000000000 , 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 Burncoin?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Burncoin is 51131.06958502389355. The FDV is calculated taking the assumption that all supply of Burncoin is circulation, multiplied by its current price of  0.00001217.

Question 8

What is the price prediction of Burncoin ?

Accepted Answer

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

Accepted Answer

Burncoin 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 Burncoin 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 Burncoin.

Question 10

How to buy Burncoin?

Accepted Answer

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

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