1. Fundamental Analysis

1.1 Introduce

BYIN is the ultimate one-click meme launchpad on the TON blockchain, designed to revolutionize the way memecoins are created and traded. With key features like easy token creation, on-platform fundraising, dynamic pricing via a Bonding Curve, and seamless DEX integration, BYIN offers a comprehensive and user-friendly experience. Additionally, Telegram-based tools enhance usability by providing reminders, trending alerts, and management bots for issuers. Through its Fair Launch model, BYIN ensures equal opportunities for all participants, promoting a community-driven ecosystem.

1.2 Basic Info

NameValueNameValue
SymbolBYINMarket Cap93800
NameBYINWhite Paper--
Web Sitehttps://byin.fun/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://tonscan.org/Algorithm--
Forum--Proof--
Mining Total1000000000000
Supply1000000000000Release Date2024-09-06
Available Supply335000000000

2. Technical Analysis

2.1 Kline Chart

2.2 Analysis

The analysis of the provided K-line daily chart data suggests the following conclusion:

  • The market has exhibited a strong upward trend in recent days, with a significant increase in both price and volume.
  • There is a notable consolidation phase following a sharp increase in volume, indicating potential for a pullback or consolidation.
  • The market has experienced a rapid surge in volume on the 22nd and 19th of December, which may indicate a strong buying interest or a speculative event.
  • The price action has shown a strong resistance level near the 1.2e-06 mark, which the market has struggled to breach, suggesting potential future resistance.
  • The market has a tendency to fluctuate between consolidation and strong upward movements, indicating a volatile and dynamic trading environment.
  • The overall trend appears to be bullish, but caution is advised due to the potential for reversals or pullbacks.