BITO Coin PriceBITO

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

BITO Coin achieved the all-time high of $0.9046 in 2024-06-30, and is currently trading at $0.08197.

BITO reached its all-time low of $0.004891 on 2021-01-15.

The current market cap of BITO Coin is --, as -- BITO is trading at the price of $0.08197.

There are currently -- BITO circulating in the market. These BITO Coin can be actively traded or used in the open market.

The maximum supply of BITO is ∞ , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of BITO Coin is $40.98M. The FDV is calculated taking the assumption that all supply of BITO Coin is circulation, multiplied by its current price of $0.08197.

Using an algorithm to automatically identify historical data trends, this BITO Coin 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.

BITO Coin 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 BITO Coin 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 do your own research (DYOR) before investing in BITO Coin.

You can buy BITO Coin via Gate.io by following the steps on how to buy BITO once you have funded your account.