YAY Network (YAY) FAQ

Question 1

What determines the price movement of YAY Network (YAY)?

Accepted Answer

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

Question 2

What is the highest price of YAY Network price in history?

Accepted Answer

YAY Network achieved the all-time high of 0.094525 in 2021-09-08, and is currently trading at 0.0003929.

Question 3

What is the lowest price of YAY Network price in history?

Accepted Answer

YAY Network reached its all-time low of  0.00016968 on 2023-03-14.

Question 4

What is the current market cap of YAY Network?

Accepted Answer

The current market cap of YAY Network is  246641.501625, as 627746250 YAY is trading at the price of 0.0003929.

Question 5

How many YAY Network are there in the market?

Accepted Answer

There are currently 627746250 YAY circulating in the market. These YAY Network can be actively traded or used in the open market.

Question 6

What is the maximum supply of YAY Network?

Accepted Answer

The maximum supply of YAY is 1000000000 , 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 YAY Network?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of YAY Network is 392900.00000000. The FDV is calculated taking the assumption that all supply of YAY Network is circulation, multiplied by its current price of  0.0003929.

Question 8

What is the price prediction of YAY Network ?

Accepted Answer

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

Accepted Answer

YAY Network 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 YAY Network 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 YAY Network.

Question 10

How to buy YAY Network?

Accepted Answer

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

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