Basis Cash (BAC)
1. Fundamental Analysis
1.1 Introduce
Basis Cash is DeFi project. Unlike other DeFi protocols, Basis Cash has two farmable tokens. One is Basis Cash, a stable coin that seeks to be valued at 1. The other is Basis Share, an ownership token which receives inflationary rewards from Basis Cash, deriving value from the increased adoption of Basis Cash. The protocol consists of three tokens (Basis Cash, Basis Share, Basis Bond), with Basis Share and Basis Bond designed to move Basis Cash towards the price of 1.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | BAC | Market Cap | 106749.0912 |
| Name | Basis Cash | White Paper | -- |
| Web Site | https://basis.cash | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 54575249.82699095 | |
| Supply | 54575249.82699095 | Release Date | 2020-11-30 |
| Available Supply | 54575200 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis concludes that the asset has been exhibiting a trend of fluctuation within a narrow range. The price has been consolidating between 0.0019 and 0.0021, with occasional spikes above this range. The trading volume has shown a significant increase on days with price spikes, suggesting a higher level of market activity during these periods. Future trends may include potential continuation of the consolidation pattern or a breakout from the current range.
