Backbone Staked Kujira Price

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

Backbone Staked Kujira achieved the all-time high of -- in --, and is currently trading at $0.

Backbone Staked Kujira reached its all-time low of -- on --.

The current market cap of Backbone Staked Kujira is --, as -- BKUJI is trading at the price of $0.

There are currently -- BKUJI circulating in the market. These Backbone Staked Kujira can be actively traded or used in the open market.

The maximum supply of BKUJI is 122.39M , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Backbone Staked Kujira is --. The FDV is calculated taking the assumption that all supply of Backbone Staked Kujira is circulation, multiplied by its current price of $0.

Using an algorithm to automatically identify historical data trends, this Backbone Staked Kujira 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.

Backbone Staked Kujira 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 Backbone Staked Kujira 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 do your own research (DYOR) before investing in Backbone Staked Kujira.

You can buy Backbone Staked Kujira via Gate by following the steps on how to buy BKUJI once you have funded your account.