BeFi Labs (BEFI)
1. Fundamental Analysis
1.1 Introduce
BRC20 Trading Terminal functional with your favorite crypto wallets.BeFi Labs is connecting Web3 users to the BRC20 ecosystem, enabling the use of MetaMask and alike for trading BRC20 instantly tokens with ZERO fees.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | BEFI | Market Cap | 3611178.40245 |
| Name | BeFi Labs | White Paper | -- |
| Web Site | https://befilabs.com/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 210000000 | |
| Supply | 210000000 | Release Date | 2024-03-25 |
| Available Supply | 141893061 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis of the provided K-line daily chart data suggests the following conclusions:
- The asset has experienced significant volatility in the recent past.
- There is a strong downward trend in the asset s price from early December 2024 to late January 2025.
- The volume has been consistently high, indicating strong trading activity during this period.
- The price has shown a series of lower highs and lower lows, which is a classic sign of a bearish trend.
- The price has found support at around 0.0250-0.0255 during the downward trend.
- The asset has seen a significant increase in volume on December 19, 2024, which could indicate a potential reversal or continuation of the downward trend.
- The price has shown a slight upward movement in the last few days of the data provided, suggesting a possible bottoming out or consolidation phase.
- The asset has a wide range of price movements, with a high of 0.0834 on December 11, 2024, and a low of 0.0216 on December 4, 2024.
- The asset has seen multiple instances of sharp price movements, indicating potential for high risk and reward opportunities.
- The overall trend appears bearish, but there may be opportunities for short-term trading or a potential reversal in the near future.
