Question 1

What determines the price movement of Yel.Finance (YEL)?

Accepted Answer

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

Question 2

What is the highest price of Yel.Finance price in history?

Accepted Answer

Yel.Finance achieved the all-time high of 0.359432 in 2021-11-04, and is currently trading at 0.0024427.

Question 3

What is the lowest price of Yel.Finance price in history?

Accepted Answer

Yel.Finance reached its all-time low of  0.00050641 on 2024-11-20.

Question 4

What is the current market cap of Yel.Finance?

Accepted Answer

The current market cap of Yel.Finance is  685761.3629294999, as 280739085 YEL is trading at the price of 0.0024427.

Question 5

How many Yel.Finance are there in the market?

Accepted Answer

There are currently 280739085 YEL circulating in the market. These Yel.Finance can be actively traded or used in the open market.

Question 6

What is the maximum supply of Yel.Finance?

Accepted Answer

The maximum supply of YEL is 280739085 , 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 Yel.Finance?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Yel.Finance is 685761.36292950. The FDV is calculated taking the assumption that all supply of Yel.Finance is circulation, multiplied by its current price of  0.0024427.

Question 8

What is the price prediction of Yel.Finance ?

Accepted Answer

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

Accepted Answer

Yel.Finance 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 Yel.Finance 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 Yel.Finance.

Question 10

How to buy Yel.Finance?

Accepted Answer

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

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