Question 1

What determines the price movement of PROOF Platform (PROOF)?

Accepted Answer

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

Question 2

What is the highest price of PROOF Platform price in history?

Accepted Answer

PROOF Platform achieved the all-time high of 0.339058 in 2024-12-09, and is currently trading at 0.18591.

Question 3

What is the lowest price of PROOF Platform price in history?

Accepted Answer

PROOF Platform reached its all-time low of  0.03194115 on 2024-10-13.

Question 4

What is the current market cap of PROOF Platform?

Accepted Answer

The current market cap of PROOF Platform is  1731971.519644656, as 9316182.667122027 PROOF is trading at the price of 0.18591.

Question 5

How many PROOF Platform are there in the market?

Accepted Answer

There are currently 9316182.667122027 PROOF circulating in the market. These PROOF Platform can be actively traded or used in the open market.

Question 6

What is the maximum supply of PROOF Platform?

Accepted Answer

The maximum supply of PROOF is 100000000 , 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 PROOF Platform?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of PROOF Platform is 18591000.000000. The FDV is calculated taking the assumption that all supply of PROOF Platform is circulation, multiplied by its current price of  0.18591.

Question 8

What is the price prediction of PROOF Platform ?

Accepted Answer

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

Accepted Answer

PROOF Platform 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 PROOF Platform 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 PROOF Platform.

Question 10

How to buy PROOF Platform?

Accepted Answer

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

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