Rope Token (ROPE) FAQ

Question 1

What determines the price movement of Rope Token (ROPE)?

Accepted Answer

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

Question 2

What is the highest price of Rope Token price in history?

Accepted Answer

Rope Token achieved the all-time high of 2.45 in 2021-05-12, and is currently trading at 0.00297026.

Question 3

What is the lowest price of Rope Token price in history?

Accepted Answer

Rope Token reached its all-time low of  0.00000384 on 2022-06-15.

Question 4

What is the current market cap of Rope Token?

Accepted Answer

The current market cap of Rope Token is  18658.579238297403, as 6281799.99 ROPE is trading at the price of 0.00297026.

Question 5

How many Rope Token are there in the market?

Accepted Answer

There are currently 6281799.99 ROPE circulating in the market. These Rope Token can be actively traded or used in the open market.

Question 6

What is the maximum supply of Rope Token?

Accepted Answer

The maximum supply of ROPE 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 Rope Token?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Rope Token is 29702.600000000. The FDV is calculated taking the assumption that all supply of Rope Token is circulation, multiplied by its current price of  0.00297026.

Question 8

What is the price prediction of Rope Token ?

Accepted Answer

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

Accepted Answer

Rope Token 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 Rope Token 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 Rope Token.

Question 10

How to buy Rope Token?

Accepted Answer

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

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