BoringDAO (BORING)
1. Fundamental Analysis
1.1 Introduce
BoringDAO is a decentralized bridge that connects all blockchain assets, BoringDAO offer users a safe way to maximize their utilization rate of crypto assets.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | BORING | Market Cap | 323450.24 |
| Name | BoringDAO | White Paper | -- |
| Web Site | https://boringdao.com | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 2000000000 | |
| Supply | 2000000000 | Release Date | 2021-06-20 |
| Available Supply | 1720480000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line daily chart analysis indicates a strong upward trend with several pullbacks and consolidation periods. The market has been experiencing higher highs and higher lows, suggesting a bull market. The volume has generally increased during the upward trend, indicating strong buying pressure. However, there have been instances of lower volume, which may suggest caution or consolidation. Future trends may show continued upward momentum, but with potential for pullbacks or consolidation.
