Question 1

What determines the price movement of ShibaDoge (SHIBDOGE)?

Accepted Answer

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

Question 2

What is the highest price of ShibaDoge price in history?

Accepted Answer

ShibaDoge achieved the all-time high of 0.000000000158074 in 2022-07-09, and is currently trading at 0.000000000000000035.

Question 3

What is the lowest price of ShibaDoge price in history?

Accepted Answer

ShibaDoge reached its all-time low of  0.000000000000000002 on 2024-12-12.

Question 4

What is the current market cap of ShibaDoge?

Accepted Answer

The current market cap of ShibaDoge is  4049803.069226428, as 115708659120755080000000 SHIBDOGE is trading at the price of 0.000000000000000035.

Question 5

How many ShibaDoge are there in the market?

Accepted Answer

There are currently 115708659120755080000000 SHIBDOGE circulating in the market. These ShibaDoge can be actively traded or used in the open market.

Question 6

What is the maximum supply of ShibaDoge?

Accepted Answer

The maximum supply of SHIBDOGE is 420000000000000025165824 , 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 ShibaDoge?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of ShibaDoge is 14700000. The FDV is calculated taking the assumption that all supply of ShibaDoge is circulation, multiplied by its current price of  0.000000000000000035.

Question 8

What is the price prediction of ShibaDoge ?

Accepted Answer

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

Accepted Answer

ShibaDoge 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 ShibaDoge 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 ShibaDoge.

Question 10

How to buy ShibaDoge?

Accepted Answer

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

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