USD Mapped Token (USDM) FAQ

Question 1

What determines the price movement of USD Mapped Token (USDM)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like USD Mapped Token.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of USD Mapped 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 USD Mapped 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 USD Mapped 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 USD Mapped 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 USD Mapped Token and the broader cryptocurrency market.

Question 2

What is the highest price of USD Mapped Token price in history?

Accepted Answer

USD Mapped Token achieved the all-time high of 2.84 in 2024-06-04, and is currently trading at 0.999659.

Question 3

What is the lowest price of USD Mapped Token price in history?

Accepted Answer

USD Mapped Token reached its all-time low of  0.918354 on 2024-10-07.

Question 4

What is the current market cap of USD Mapped Token?

Accepted Answer

The current market cap of USD Mapped Token is  , as  USDM is trading at the price of 0.999659.

Question 5

How many USD Mapped Token are there in the market?

Accepted Answer

There are currently  USDM circulating in the market. These USD Mapped Token can be actively traded or used in the open market.

Question 6

What is the maximum supply of USD Mapped Token?

Accepted Answer

The maximum supply of USDM is 6500000000 , 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 USD Mapped Token?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of USD Mapped Token is 6497783500.0000000. The FDV is calculated taking the assumption that all supply of USD Mapped Token is circulation, multiplied by its current price of  0.999659.

Question 8

What is the price prediction of USD Mapped Token ?

Accepted Answer

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

Accepted Answer

USD Mapped 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 USD Mapped 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 USD Mapped Token.

Question 10

How to buy USD Mapped Token?

Accepted Answer

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

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