Question 1

What determines the price movement of Scry Protocol (SCRY)?

Accepted Answer

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

Question 2

What is the highest price of Scry Protocol price in history?

Accepted Answer

Scry Protocol achieved the all-time high of 0.129722 in 2024-01-16, and is currently trading at 0.117535.

Question 3

What is the lowest price of Scry Protocol price in history?

Accepted Answer

Scry Protocol reached its all-time low of  0.11178 on 2024-01-31.

Question 4

What is the current market cap of Scry Protocol?

Accepted Answer

The current market cap of Scry Protocol is  11753500.0, as 100000000 SCRY is trading at the price of 0.117535.

Question 5

How many Scry Protocol are there in the market?

Accepted Answer

There are currently 100000000 SCRY circulating in the market. These Scry Protocol can be actively traded or used in the open market.

Question 6

What is the maximum supply of Scry Protocol?

Accepted Answer

The maximum supply of SCRY 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 Scry Protocol?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Scry Protocol is 11753500.0000000. The FDV is calculated taking the assumption that all supply of Scry Protocol is circulation, multiplied by its current price of  0.117535.

Question 8

What is the price prediction of Scry Protocol ?

Accepted Answer

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

Accepted Answer

Scry Protocol 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 Scry Protocol 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 Scry Protocol.

Question 10

How to buy Scry Protocol?

Accepted Answer

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

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