Electra (ECA) FAQ

Question 1

What determines the price movement of Electra (ECA)?

Accepted Answer

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

Question 2

What is the highest price of Electra price in history?

Accepted Answer

Electra achieved the all-time high of 0.00829072 in 2018-01-06, and is currently trading at 0.000000618264.

Question 3

What is the lowest price of Electra price in history?

Accepted Answer

Electra reached its all-time low of  0.000000009963 on 2019-09-14.

Question 4

What is the current market cap of Electra?

Accepted Answer

The current market cap of Electra is  17556.06193747668, as 28395736995 ECA is trading at the price of 0.000000618264.

Question 5

How many Electra are there in the market?

Accepted Answer

There are currently 28395736995 ECA circulating in the market. These Electra can be actively traded or used in the open market.

Question 6

What is the maximum supply of Electra?

Accepted Answer

The maximum supply of ECA 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 Electra?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Electra is 18547.9200000000000. The FDV is calculated taking the assumption that all supply of Electra is circulation, multiplied by its current price of  0.000000618264.

Question 8

What is the price prediction of Electra ?

Accepted Answer

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

Accepted Answer

Electra 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 Electra 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 Electra.

Question 10

How to buy Electra?

Accepted Answer

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

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