ForeverFOMOFOREVERFOMO
$0.641
Market/Exchange
FOREVERFOMO Price Prediction and Price Movement
FOREVERFOMO has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that FOREVERFOMO's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if FOREVERFOMO is backed by a solid development team and whether FOREVERFOMO's technology has any potential to grow.
Please note that this analysis is purely base on FOREVERFOMO's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
ForeverFOMO Price Chart
About ForeverFOMO
ForeverFOMO is a price-elastic token with adjusting supply, moving towards the price of Bitcoin. Different then just a normal pegged token/stable coin, rebases make price-elastic tokens into synthetic commodities with fluctuating values and supplies that gradually stabilize. Ultimately, rebases are designed to be tradable and potentially extremely profitable.
Every 4 hours there is a change in supply called a 'rebase'. The rebase is automatically triggered by an online dashboard. Negative rebases are amplified to make ForeverFOMO return to positive rebase territory faster. Rebases are triggered 6 times a day. for 360 Epochs, every 8 hours or 1 epoch, ForeverFOMO will do a price rebase that will increase the price 8%.
ForeverFOMO plans to branch into the NFT marketplace within 30 days as well.