Bean Cash (BITB) FAQ

Question 1

What determines the price movement of Bean Cash (BITB)?

Accepted Answer

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

Question 2

What is the highest price of Bean Cash price in history?

Accepted Answer

Bean Cash achieved the all-time high of 0.04238256 in 2018-01-06, and is currently trading at 0.00001492.

Question 3

What is the lowest price of Bean Cash price in history?

Accepted Answer

Bean Cash reached its all-time low of  0.00000114 on 2023-01-20.

Question 4

What is the current market cap of Bean Cash?

Accepted Answer

The current market cap of Bean Cash is  57206.040199999996, as 3834185000 BITB is trading at the price of 0.00001492.

Question 5

How many Bean Cash are there in the market?

Accepted Answer

There are currently 3834185000 BITB circulating in the market. These Bean Cash can be actively traded or used in the open market.

Question 6

What is the maximum supply of Bean Cash?

Accepted Answer

The maximum supply of BITB is 50000000000 , 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 Bean Cash?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Bean Cash is 746000.000000000. The FDV is calculated taking the assumption that all supply of Bean Cash is circulation, multiplied by its current price of  0.00001492.

Question 8

What is the price prediction of Bean Cash ?

Accepted Answer

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

Accepted Answer

Bean Cash 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 Bean Cash 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 Bean Cash.

Question 10

How to buy Bean Cash?

Accepted Answer

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

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