Question 1

What determines the price movement of NIX (NIX)?

Accepted Answer

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

Question 2

What is the highest price of NIX price in history?

Accepted Answer

NIX achieved the all-time high of 0.02033184 in 2023-11-14, and is currently trading at 0.003545.

Question 3

What is the lowest price of NIX price in history?

Accepted Answer

NIX reached its all-time low of  0.00079328 on 2023-10-06.

Question 4

What is the current market cap of NIX?

Accepted Answer

The current market cap of NIX is  174550.3631273964, as 49238466.326487 NIX is trading at the price of 0.003545.

Question 5

How many NIX are there in the market?

Accepted Answer

There are currently 49238466.326487 NIX circulating in the market. These NIX can be actively traded or used in the open market.

Question 6

What is the maximum supply of NIX?

Accepted Answer

The maximum supply of NIX is 200000000 , 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 NIX?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of NIX is 709000.0000000. The FDV is calculated taking the assumption that all supply of NIX is circulation, multiplied by its current price of  0.003545.

Question 8

What is the price prediction of NIX ?

Accepted Answer

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

Accepted Answer

NIX 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 NIX 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 NIX.

Question 10

How to buy NIX?

Accepted Answer

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

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