Flits (FLS) FAQ

Question 1

What determines the price movement of Flits (FLS)?

Accepted Answer

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

Question 2

What is the highest price of Flits price in history?

Accepted Answer

Flits achieved the all-time high of 4.92 in 2019-07-05, and is currently trading at 0.00099583.

Question 3

What is the lowest price of Flits price in history?

Accepted Answer

Flits reached its all-time low of  0.00019469 on 2024-12-29.

Question 4

What is the current market cap of Flits?

Accepted Answer

The current market cap of Flits is  88103.59850170938, as 88472528.94742012 FLS is trading at the price of 0.00099583.

Question 5

How many Flits are there in the market?

Accepted Answer

There are currently 88472528.94742012 FLS circulating in the market. These Flits can be actively traded or used in the open market.

Question 6

What is the maximum supply of Flits?

Accepted Answer

The maximum supply of FLS 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 Flits?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Flits is 88103.5985017093780996. The FDV is calculated taking the assumption that all supply of Flits is circulation, multiplied by its current price of  0.00099583.

Question 8

What is the price prediction of Flits ?

Accepted Answer

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

Accepted Answer

Flits 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 Flits 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 Flits.

Question 10

How to buy Flits?

Accepted Answer

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

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