Question 1

What determines the price movement of Zenon (ZNN)?

Accepted Answer

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

Question 2

What is the highest price of Zenon price in history?

Accepted Answer

Zenon achieved the all-time high of 5.53 in 2023-11-20, and is currently trading at 0.624287.

Question 3

What is the lowest price of Zenon price in history?

Accepted Answer

Zenon reached its all-time low of  0.352745 on 2024-07-02.

Question 4

What is the current market cap of Zenon?

Accepted Answer

The current market cap of Zenon is  7852073.6992970025, as 12577666.52084218 ZNN is trading at the price of 0.624287.

Question 5

How many Zenon are there in the market?

Accepted Answer

There are currently 12577666.52084218 ZNN circulating in the market. These Zenon can be actively traded or used in the open market.

Question 6

What is the maximum supply of Zenon?

Accepted Answer

The maximum supply of ZNN is 90071992.5474099 , 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 Zenon?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Zenon is 56230774.0114448842413. The FDV is calculated taking the assumption that all supply of Zenon is circulation, multiplied by its current price of  0.624287.

Question 8

What is the price prediction of Zenon ?

Accepted Answer

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

Accepted Answer

Zenon 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 Zenon 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 Zenon.

Question 10

How to buy Zenon?

Accepted Answer

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

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About Zenon (ZNN)

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