Question 1

What determines the price movement of Digital Bank of Africa (DBA)?

Accepted Answer

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

Question 2

What is the highest price of Digital Bank of Africa price in history?

Accepted Answer

Digital Bank of Africa achieved the all-time high of 34.76 in 2021-10-20, and is currently trading at 0.0103891.

Question 3

What is the lowest price of Digital Bank of Africa price in history?

Accepted Answer

Digital Bank of Africa reached its all-time low of  0.00052924 on 2023-08-15.

Question 4

What is the current market cap of Digital Bank of Africa?

Accepted Answer

The current market cap of Digital Bank of Africa is  , as  DBA is trading at the price of 0.0103891.

Question 5

How many Digital Bank of Africa are there in the market?

Accepted Answer

There are currently  DBA circulating in the market. These Digital Bank of Africa can be actively traded or used in the open market.

Question 6

What is the maximum supply of Digital Bank of Africa?

Accepted Answer

The maximum supply of DBA is 100000000 , 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 Digital Bank of Africa?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Digital Bank of Africa is 1038910.00000000. The FDV is calculated taking the assumption that all supply of Digital Bank of Africa is circulation, multiplied by its current price of  0.0103891.

Question 8

What is the price prediction of Digital Bank of Africa ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>Digital Bank of Africa 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 Digital Bank of Africa a good investment?

Accepted Answer

Digital Bank of Africa 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 Digital Bank of Africa 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 Digital Bank of Africa.

Question 10

How to buy Digital Bank of Africa?

Accepted Answer

You can buy Digital Bank of Africa via Gate by following the steps on <0>how to buy DBA once you have funded your account.

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About Digital Bank of Africa (DBA)

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