Cere Network (CERE)
1. Fundamental Analysis
1.1 Introduce
Cere Network is well on its way to defining the future of consumer data, e-commerce, and NFTs. We part of the consortium of projects from Polkadot and Cosmos, united by the vision of cross-chain interoperability (cross communications) between blockchain networks and serve the purpose of a trustless, and scalable global decentralized ecosystem for all businesses and consumers.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | CERE | Market Cap | 25801517.3 |
| Name | Cere Network | White Paper | -- |
| Web Site | https://www.cere.network | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 10000000000 | |
| Supply | 10000000000 | Release Date | |
| Available Supply | 6637900000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart shows a significant downward trend in the closing prices over the past few days, indicating a bearish market sentiment. The volume has been fluctuating but generally increasing, suggesting higher interest in trading as the prices decline. The recent price action has formed a bearish pattern, with the closing price consistently below the opening price, indicating selling pressure. The overall trend suggests a potential continuation of the downward movement in the near future.
