1. Fundamental Analysis

1.1 Introduce

Float Protocol is building the decentralised monetary system of the future. At the heart of the protocol is the FLOAT token. It is designed to be the first truly native internet currency and fully satisfying all three of major properties of money: as a medium of exchange, a store of value and a unit of account.

1.2 Basic Info

NameValueNameValue
SymbolBANKMarket Cap68029.5345
NameFloat ProtocolWhite Paper--
Web Sitehttps://floatprotocol.comIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total330786.931780926
Supply330786.931780926Release Date2021-02-22
Available Supply134313

2. Technical Analysis

2.1 Kline Chart

2.2 Analysis

Market appears to be experiencing a consolidation phase, with price action fluctuating within a relatively tight range. Volume has shown significant increases on days of high volatility, suggesting that there may be increased interest in the asset during those periods. A potential uptrend is visible from the end of December 2024, with the price making higher highs and higher lows. Future trends could indicate either a continuation of this uptrend or a potential reversal, with further analysis needed to confirm.