Question 1

What determines the price movement of Celo Kenyan Shilling (CKES)?

Accepted Answer

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

Question 2

What is the highest price of Celo Kenyan Shilling price in history?

Accepted Answer

Celo Kenyan Shilling achieved the all-time high of 0.00874692 in 2024-09-25, and is currently trading at 0.00773451.

Question 3

What is the lowest price of Celo Kenyan Shilling price in history?

Accepted Answer

Celo Kenyan Shilling reached its all-time low of  0.00692949 on 2025-02-03.

Question 4

What is the current market cap of Celo Kenyan Shilling?

Accepted Answer

The current market cap of Celo Kenyan Shilling is  , as  CKES is trading at the price of 0.00773451.

Question 5

How many Celo Kenyan Shilling are there in the market?

Accepted Answer

There are currently  CKES circulating in the market. These Celo Kenyan Shilling can be actively traded or used in the open market.

Question 6

What is the maximum supply of Celo Kenyan Shilling?

Accepted Answer

The maximum supply of CKES 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 Celo Kenyan Shilling?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Celo Kenyan Shilling is 215858.3696123770422423. The FDV is calculated taking the assumption that all supply of Celo Kenyan Shilling is circulation, multiplied by its current price of  0.00773451.

Question 8

What is the price prediction of Celo Kenyan Shilling ?

Accepted Answer

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

Accepted Answer

Celo Kenyan Shilling 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 Celo Kenyan Shilling 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 Celo Kenyan Shilling.

Question 10

How to buy Celo Kenyan Shilling?

Accepted Answer

You can buy Celo Kenyan Shilling via Gate by following the steps on <0>how to buy CKES once you have funded your account.

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