Wrapped Metis (WMETIS) FAQ

Question 1

What determines the price movement of Wrapped Metis (WMETIS)?

Accepted Answer

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

Question 2

What is the highest price of Wrapped Metis price in history?

Accepted Answer

Wrapped Metis achieved the all-time high of 145.41 in 2024-03-11, and is currently trading at 5.33.

Question 3

What is the lowest price of Wrapped Metis price in history?

Accepted Answer

Wrapped Metis reached its all-time low of  5 on 2026-01-01.

Question 4

What is the current market cap of Wrapped Metis?

Accepted Answer

The current market cap of Wrapped Metis is  56796.48, as 10656 WMETIS is trading at the price of 5.33.

Question 5

How many Wrapped Metis are there in the market?

Accepted Answer

There are currently 10656 WMETIS circulating in the market. These Wrapped Metis can be actively traded or used in the open market.

Question 6

What is the maximum supply of Wrapped Metis?

Accepted Answer

The maximum supply of WMETIS is 10000000 , 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 Wrapped Metis?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Wrapped Metis is 56796.480. The FDV is calculated taking the assumption that all supply of Wrapped Metis is circulation, multiplied by its current price of  5.33.

Question 8

What is the price prediction of Wrapped Metis ?

Accepted Answer

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

Accepted Answer

Wrapped Metis 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 Wrapped Metis 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 Wrapped Metis.

Question 10

How to buy Wrapped Metis?

Accepted Answer

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

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