Credefi (CREDI)
1. Fundamental Analysis
1.1 Introduce
Credefi is an alternative lending FinTech solution to connect crypto lenders & SME borrowers from the real economy. With Credefi, you can access reliable loans backed by a range of real-world assets, including real estate, future receivables, and more. Our lending platform offers lenders stable and predictable returns generated from the real economy with no correlation to the crypto market volatility.Credefi aims to revolutionize the alternative financing sector by making Traditional Finance (TradFi) and Decentralized Finance (DeFi) work together in a symbiotic way while addressing deficiencies in both segments. As the first mover in this sector, Credefi seeks to facilitate the borrowing and lending process between these two worlds, addressing the financing needs of one-third of SMEs in the EU, which still struggle to cover their financing needs despite the abundance of unutilized crypto liquidity. With 99% of businesses in Europe being SMEs, Credefi is dedicated to addressing this gap.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | CREDI | Market Cap | 10562377.4468 |
| Name | Credefi | White Paper | -- |
| Web Site | https://credefi.finance/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2021-12-09 |
| Available Supply | 748573880 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis conclusion is that the asset is currently experiencing a downward trend with signs of potential reversal. The price has been consistently declining over the past few weeks, and the volume has been decreasing, indicating a lack of strong buying interest. The recent candlestick patterns suggest a possible bearish reversal, but the trend remains bearish overall. Further price action and volume analysis are recommended to confirm any potential reversal.
