Question 1

What determines the price movement of Novem Gold (NNN)?

Accepted Answer

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

Question 2

What is the highest price of Novem Gold price in history?

Accepted Answer

Novem Gold achieved the all-time high of 669.65 in 2023-11-25, and is currently trading at 115.08.

Question 3

What is the lowest price of Novem Gold price in history?

Accepted Answer

Novem Gold reached its all-time low of  0.00129991 on 2022-04-03.

Question 4

What is the current market cap of Novem Gold?

Accepted Answer

The current market cap of Novem Gold is  24835250.53563221, as 215808.5726071621 NNN is trading at the price of 115.08.

Question 5

How many Novem Gold are there in the market?

Accepted Answer

There are currently 215808.5726071621 NNN circulating in the market. These Novem Gold can be actively traded or used in the open market.

Question 6

What is the maximum supply of Novem Gold?

Accepted Answer

The maximum supply of NNN is ∞ , 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 Novem Gold?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Novem Gold is 34524000000.000. The FDV is calculated taking the assumption that all supply of Novem Gold is circulation, multiplied by its current price of  115.08.

Question 8

What is the price prediction of Novem Gold ?

Accepted Answer

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

Accepted Answer

Novem Gold 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 Novem Gold 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 Novem Gold.

Question 10

How to buy Novem Gold?

Accepted Answer

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

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About Novem Gold (NNN)

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