Amulet (AMU)
1. Fundamental Analysis
1.1 Introduce
Amulet is the first Web3 platform that combines investment and insurance, empowering web3 users to earn safely with built-in loss protection. Amulet is deeply rooted in the Solana ecosystem, with its V1 started as the first and only DeFi insurance protocol on Solana since early 2022. In Amulet V2, it has been upgraded to a one-stop platform to fuse yield and protection. Meanwhile, Amulet has been expanding to the wider Web3 space including Ethereum and its L2s. Backed by Solana Ventures, Gumi Cryptos, Animoca Brands and other top investors, Amulet’s vision is simple and clear - build a safe space where web3 users of all levels can earn with peace of mind.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | AMU | Market Cap | 2147247 |
| Name | Amulet | White Paper | -- |
| Web Site | https://amulet.org | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.solana.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2024-01-23 |
| Available Supply | 452052000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis of the provided K-line daily chart data indicates a strong upward trend with several key points:
- The opening price has been consistently rising over the past few days, indicating a strong buying interest.
- The highest price has been consistently higher than the closing price, suggesting strong demand and potential for further price increases.
- The lowest price has been relatively stable, showing that there is no strong selling pressure.
- The closing price has been rising consistently, indicating a strong upward trend.
- The volume has been increasing over the past few days, indicating strong participation in the market.
Based on the above observations, the conclusion is as follows:
- The current trend is strongly bullish.
- There is a high probability of further price increases in the near future.
- Strong participation in the market suggests a strong belief in the upward trend.
- It is advisable to consider taking a long position or continue holding a long position.
