Wombat Exchange (WOM) FAQ

Question 1

What determines the price movement of Wombat Exchange (WOM)?

Accepted Answer

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

Question 2

What is the highest price of Wombat Exchange price in history?

Accepted Answer

Wombat Exchange achieved the all-time high of 1.084 in 2022-09-05, and is currently trading at 0.00123387.

Question 3

What is the lowest price of Wombat Exchange price in history?

Accepted Answer

Wombat Exchange reached its all-time low of  0.0012365 on 2026-01-09.

Question 4

What is the current market cap of Wombat Exchange?

Accepted Answer

The current market cap of Wombat Exchange is  360439.36181147635, as 292121019.0793814 WOM is trading at the price of 0.00123387.

Question 5

How many Wombat Exchange are there in the market?

Accepted Answer

There are currently 292121019.0793814 WOM circulating in the market. These Wombat Exchange can be actively traded or used in the open market.

Question 6

What is the maximum supply of Wombat Exchange?

Accepted Answer

The maximum supply of WOM is 1000000000 , 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 Wombat Exchange?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Wombat Exchange is 1233870.000000000. The FDV is calculated taking the assumption that all supply of Wombat Exchange is circulation, multiplied by its current price of  0.00123387.

Question 8

What is the price prediction of Wombat Exchange ?

Accepted Answer

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

Accepted Answer

Wombat Exchange 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 Wombat Exchange 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 Wombat Exchange.

Question 10

How to buy Wombat Exchange?

Accepted Answer

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

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