Question 1

What determines the price movement of Mercury Protocol 404 (M404)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like Mercury Protocol 404.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Mercury Protocol 404, 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 Mercury Protocol 404. By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Mercury Protocol 404 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 Mercury Protocol 404. 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 Mercury Protocol 404 and the broader cryptocurrency market.

Question 2

What is the highest price of Mercury Protocol 404 price in history?

Accepted Answer

Mercury Protocol 404 achieved the all-time high of 5.67 in 2024-06-01, and is currently trading at 0.052195.

Question 3

What is the lowest price of Mercury Protocol 404 price in history?

Accepted Answer

Mercury Protocol 404 reached its all-time low of  0.039689 on 2024-08-05.

Question 4

What is the current market cap of Mercury Protocol 404?

Accepted Answer

The current market cap of Mercury Protocol 404 is  , as  M404 is trading at the price of 0.052195.

Question 5

How many Mercury Protocol 404 are there in the market?

Accepted Answer

There are currently  M404 circulating in the market. These Mercury Protocol 404 can be actively traded or used in the open market.

Question 6

What is the maximum supply of Mercury Protocol 404?

Accepted Answer

The maximum supply of M404 is 100000 , 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 Mercury Protocol 404?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Mercury Protocol 404 is 5219.5000000. The FDV is calculated taking the assumption that all supply of Mercury Protocol 404 is circulation, multiplied by its current price of  0.052195.

Question 8

What is the price prediction of Mercury Protocol 404 ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>Mercury Protocol 404 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 Mercury Protocol 404 a good investment?

Accepted Answer

Mercury Protocol 404 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 Mercury Protocol 404 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 Mercury Protocol 404.

Question 10

How to buy Mercury Protocol 404?

Accepted Answer

You can buy Mercury Protocol 404 via Gate by following the steps on <0>how to buy M404 once you have funded your account.

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