Question 1

What determines the price movement of Robonomics Network (XRT)?

Accepted Answer

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

Question 2

What is the highest price of Robonomics Network price in history?

Accepted Answer

Robonomics Network achieved the all-time high of 73.49 in 2021-04-12, and is currently trading at 2.07.

Question 3

What is the lowest price of Robonomics Network price in history?

Accepted Answer

Robonomics Network reached its all-time low of  0.760483 on 2020-05-20.

Question 4

What is the current market cap of Robonomics Network?

Accepted Answer

The current market cap of Robonomics Network is  5972432.2479, as 2885232.97 XRT is trading at the price of 2.07.

Question 5

How many Robonomics Network are there in the market?

Accepted Answer

There are currently 2885232.97 XRT circulating in the market. These Robonomics Network can be actively traded or used in the open market.

Question 6

What is the maximum supply of Robonomics Network?

Accepted Answer

The maximum supply of XRT is 2885232.97 , 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 Robonomics Network?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Robonomics Network is 5972432.2479. The FDV is calculated taking the assumption that all supply of Robonomics Network is circulation, multiplied by its current price of  2.07.

Question 8

What is the price prediction of Robonomics Network ?

Accepted Answer

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

Accepted Answer

Robonomics Network 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 Robonomics Network 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 Robonomics Network.

Question 10

How to buy Robonomics Network?

Accepted Answer

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

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