Bluefin (BLUE)
1. Fundamental Analysis
1.1 Introduce
Bluefin is a decentralized spot and derivatives trading platform on the Sui blockchain and is backed by Polychain, SIG, Brevan Howard, and other leading firms. Bluefin is the largest protocol on Sui by total volume, with over $39B traded since launching in September 2023.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | BLUE | Market Cap | 47262697.17504 |
| Name | Bluefin | White Paper | -- |
| Web Site | https://bluefin.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.sui.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2024-12-11 |
| Available Supply | 124743183 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart shows a strong downward trend in the asset s price. The opening price has been consistently higher than the closing price, indicating bearish sentiment. The volume has been fluctuating but has generally been higher during the downward trend, suggesting strong selling pressure. The asset has experienced significant price volatility, with a wide range of highs and lows. Based on the current data, the trend is expected to continue downward in the near term.
