DerpDex (DERP)
1. Fundamental Analysis
1.1 Introduce
DerpDex.com aims to be the leading concentrated liquidity DeX with an all-in-1 DeFi ecosystem on L2 zkSync, Base chain, opBNB & more L2 network, that provides superior performance for both traders, liquidity providers and new project launches with all-in-1 DeFi infrastructure tools. “Meme-DEX ecosystem”.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | DERP | Market Cap | 101192 |
| Name | DerpDex | White Paper | -- |
| Web Site | https://derpdex.com/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 100000000000000 | |
| Supply | 100000000000000 | Release Date | 2023-11-21 |
| Available Supply | 55600000000000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart shows a strong upward trend with intermittent consolidation phases. The price has been consistently increasing over the past few months, with a significant surge in volume during the last trading days of December 2024. The price has broken out of a consolidation pattern around the 2.6e-09 to 2.8e-09 range, indicating a potential for further upward movement. The volume spikes suggest strong buying interest, which could continue to drive the price higher. However, there is a possibility of a pullback or consolidation phase before the next significant move. Overall, the trend is bullish with a high probability of continued upward movement in the near term.
