Suncat Price

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

Suncat achieved the all-time high of $0.02415 in 2024-08-20, and is currently trading at $0.001358.

Suncat reached its all-time low of $0.001261 on 2024-08-18.

The current market cap of Suncat is $1.35M, as 1B SUNCAT is trading at the price of $0.001358.

There are currently 1B SUNCAT circulating in the market. These Suncat can be actively traded or used in the open market.

The maximum supply of SUNCAT is 1B , 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 Suncat is $1.35M. The FDV is calculated taking the assumption that all supply of Suncat is circulation, multiplied by its current price of $0.001358.

Using an algorithm to automatically identify historical data trends, this Suncat 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.

Suncat 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 Suncat 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 Suncat.

You can buy Suncat via Gate by following the steps on how to buy SUNCAT once you have funded your account.