Shib Original Vision PriceSOV

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

Shib Original Vision achieved the all-time high of $0.0000004307 in 2023-04-16, and is currently trading at $0.000000003391.

SOV reached its all-time low of $0.000000002442 on 2024-11-05.

The current market cap of Shib Original Vision is $384.66K, as 113.43T SOV is trading at the price of $0.000000003391.

There are currently 113.43T SOV circulating in the market. These Shib Original Vision can be actively traded or used in the open market.

The maximum supply of SOV is 200.70T , 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 Shib Original Vision is $680.59K. The FDV is calculated taking the assumption that all supply of Shib Original Vision is circulation, multiplied by its current price of $0.000000003391.

Using an algorithm to automatically identify historical data trends, this Shib Original Vision 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.

Shib Original Vision 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 Shib Original Vision 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 Shib Original Vision.

You can buy Shib Original Vision via Gate.io by following the steps on how to buy SOV once you have funded your account.