Question 1

What determines the price movement of BNS (BNS)?

Accepted Answer

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

Question 2

What is the highest price of BNS price in history?

Accepted Answer

BNS achieved the all-time high of 0.03702476 in 2022-12-20, and is currently trading at 0.00005017.

Question 3

What is the lowest price of BNS price in history?

Accepted Answer

BNS reached its all-time low of  0.00000129 on 2022-05-16.

Question 4

What is the current market cap of BNS?

Accepted Answer

The current market cap of BNS is  3096.72147622, as 61724566 BNS is trading at the price of 0.00005017.

Question 5

How many BNS are there in the market?

Accepted Answer

There are currently 61724566 BNS circulating in the market. These BNS can be actively traded or used in the open market.

Question 6

What is the maximum supply of BNS?

Accepted Answer

The maximum supply of BNS is 250000000000 , 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 BNS?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of BNS is 12542500.000000000. The FDV is calculated taking the assumption that all supply of BNS is circulation, multiplied by its current price of  0.00005017.

Question 8

What is the price prediction of BNS ?

Accepted Answer

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

Accepted Answer

BNS 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 BNS 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 BNS.

Question 10

How to buy BNS?

Accepted Answer

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

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