Espresso (ESP) FAQ

Question 1

What determines the price movement of Espresso (ESP)?

Accepted Answer

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

Question 2

What is the highest price of Espresso price in history?

Accepted Answer

Espresso achieved the all-time high of  in --, and is currently trading at 0.

Question 3

What is the lowest price of Espresso price in history?

Accepted Answer

Espresso reached its all-time low of   on --.

Question 4

What is the current market cap of Espresso?

Accepted Answer

The current market cap of Espresso is  , as 520550000 ESP is trading at the price of 0.

Question 5

How many Espresso are there in the market?

Accepted Answer

There are currently 520550000 ESP circulating in the market. These Espresso can be actively traded or used in the open market.

Question 6

What is the maximum supply of Espresso?

Accepted Answer

The maximum supply of ESP 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 Espresso?

Accepted Answer

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

Question 8

What is the price prediction of Espresso ?

Accepted Answer

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

Accepted Answer

Espresso 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 Espresso 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 Espresso.

Question 10

How to buy Espresso?

Accepted Answer

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

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