Core DAO (CORE)
Core is an L1 blockchain that combines the composability of an EVM chain, with the decentralization and security of Bitcoin. CORE is the native token of the Core blockchain.
1. CORE Basic Info
| Symbol | CORE |
| Name | Core DAO |
| Web Site | https://coredao.org/ |
| Wallet | -- |
| Source | -- |
| Explorer | https://scan.coredao.org/ |
| Forum | -- |
| Mining | |
| Supply | 2100000000 |
| Available Supply | 996532000 |
| Market Cap | 363235914 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 2100000000 |
| Release Date |
2. CORE Technical Info
2.1 CORE Kline Chart Price
2.2 CORE Technical Analysis
Based on the provided K-line data, the following are the predicted future trends:
Short-term: The price is expected to experience a period of consolidation and potential minor upward movement. The recent decline seems to have found some support. However, the market is currently exhibiting a bearish short-term bias.
Mid-term: A moderate bearish trend is anticipated, with the price possibly testing lower support levels. Volatility might increase during this period. Watch for significant volume spikes as they could signal potential trend reversals.
Long-term: The overall long-term trend remains uncertain, with the potential for a gradual recovery but this needs to be confirmed. The current data does not provide a clear indication of a strong, sustained bullish trend. Further monitoring of volume and price action is crucial for identifying any significant shifts in the market. A potential for a further downtrend.
3. CORE News Info
3.1 CORE News List
- 20250303
Core Scientific appoints former investment banker Jim Nygaard as new CFO đ - 20250227
Core Scientific, a mining company, announced its Q4 2024 financial report, with a net loss of US$265.5 million đ
3.2 CORE News Analysis
The appointment of a new CFO at Core Scientific, particularly one with an investment banking background, suggests a strategic shift likely aimed at improving financial stability and potentially attracting further investment. The recent Q4 financial report, revealing a significant net loss, underscores the urgency for this change. This confluence of events indicates a period of restructuring and potential diversification for the company. The focus will likely be on cost reduction, improved capital management, and possibly exploring new revenue streams to mitigate the substantial losses. Market confidence will be a key factor, with the success of the new CFOâs initiatives being crucial to the companyâs future trajectory and investor sentiment. Overall, the data points toward a critical juncture for Core Scientific, a period of adaptation in response to significant financial challenges.
