conviction (CONVICTION) FAQ

Question 1

What determines the price movement of conviction (CONVICTION)?

Accepted Answer

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

Question 2

What is the highest price of conviction price in history?

Accepted Answer

conviction achieved the all-time high of 0.00103947 in 2024-10-14, and is currently trading at 0.00002854.

Question 3

What is the lowest price of conviction price in history?

Accepted Answer

conviction reached its all-time low of  0.00001558 on 2025-04-09.

Question 4

What is the current market cap of conviction?

Accepted Answer

The current market cap of conviction is  28537.660404960003, as 999918024 CONVICTION is trading at the price of 0.00002854.

Question 5

How many conviction are there in the market?

Accepted Answer

There are currently 999918024 CONVICTION circulating in the market. These conviction can be actively traded or used in the open market.

Question 6

What is the maximum supply of conviction?

Accepted Answer

The maximum supply of CONVICTION 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 conviction?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of conviction is 28537.660404960. The FDV is calculated taking the assumption that all supply of conviction is circulation, multiplied by its current price of  0.00002854.

Question 8

What is the price prediction of conviction ?

Accepted Answer

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

Accepted Answer

conviction 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 conviction 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 conviction.

Question 10

How to buy conviction?

Accepted Answer

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

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