Buying.com (BUY)
1. Fundamental Analysis
1.1 Introduce
Buying.com caters to businesses looking to upload products to its native platform and offer 1-hour delivery. The Buying.com delivery infrastructure is currently available in 22 US states in which hundreds of retail outlets are using the platform to make thousands of deliveries every day.At a macro level, Buying.com is a hyperlocal micro-distribution network fulfilling last-mile delivery within 1-hour, and the BUY token is used to facilitate transactions in this ecosystem that involves Manufacturers, Distributors, Delivery Companies, Distribution Centers, Consumers, and more.Buying.com is rolling out in phases starting with a focus on Food Order Fulfillment. In this ecosystem, the Buying.com platform will be used by restaurants for internal orders, online orders, and order fulfillment for orders placed through major apps such as Doordash, GrubHub, UberEats, Postmates, and more.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | BUY | Market Cap | 15523613.7 |
| Name | Buying.com | White Paper | -- |
| Web Site | https://buying.com/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://algoexplorer.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2021-08-06 |
| Available Supply | 614310000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line daily chart indicates a strong downward trend in the asset s price over the analyzed period. The price has been consistently declining from mid-December 2024 to early January 2025, with a notable drop in the last trading day of the year. The volume has been fluctuating but overall shows a downward trend, suggesting that selling pressure has been increasing. The asset is likely to continue experiencing downward price movement in the near future.
