MimbleWimbleCoin (MWC) FAQ

Question 1

What determines the price movement of MimbleWimbleCoin (MWC)?

Accepted Answer

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

Question 2

What is the highest price of MimbleWimbleCoin price in history?

Accepted Answer

MimbleWimbleCoin achieved the all-time high of 38.81 in 2025-01-31, and is currently trading at 34.72.

Question 3

What is the lowest price of MimbleWimbleCoin price in history?

Accepted Answer

MimbleWimbleCoin reached its all-time low of  0.298733 on 2019-12-05.

Question 4

What is the current market cap of MimbleWimbleCoin?

Accepted Answer

The current market cap of MimbleWimbleCoin is  381344863.2, as 10983435 MWC is trading at the price of 34.72.

Question 5

How many MimbleWimbleCoin are there in the market?

Accepted Answer

There are currently 10983435 MWC circulating in the market. These MimbleWimbleCoin can be actively traded or used in the open market.

Question 6

What is the maximum supply of MimbleWimbleCoin?

Accepted Answer

The maximum supply of MWC is 20000000 , 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 MimbleWimbleCoin?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of MimbleWimbleCoin is 694400000.000. The FDV is calculated taking the assumption that all supply of MimbleWimbleCoin is circulation, multiplied by its current price of  34.72.

Question 8

What is the price prediction of MimbleWimbleCoin ?

Accepted Answer

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

Accepted Answer

MimbleWimbleCoin 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 MimbleWimbleCoin 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 MimbleWimbleCoin.

Question 10

How to buy MimbleWimbleCoin?

Accepted Answer

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

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