0xMonero Price

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

0xMonero achieved the all-time high of $2.21 in 2022-04-16, and is currently trading at $0.02134.

0xMonero reached its all-time low of $0.00006805 on 2022-01-29.

The current market cap of 0xMonero is $39.81K, as 1.86M 0XMR is trading at the price of $0.02134.

There are currently 1.86M 0XMR circulating in the market. These 0xMonero can be actively traded or used in the open market.

The maximum supply of 0XMR is 1.86M , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of 0xMonero is $39.81K. The FDV is calculated taking the assumption that all supply of 0xMonero is circulation, multiplied by its current price of $0.02134.

Using an algorithm to automatically identify historical data trends, this 0xMonero 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.

0xMonero 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 0xMonero 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 do your own research (DYOR) before investing in 0xMonero.

You can buy 0xMonero via Gate by following the steps on how to buy 0XMR once you have funded your account.