Dfyn Network (DFYN)
1. Fundamental Analysis
1.1 Introduce
Currently a multi-chain DEX, Dfyn will evolve into a cross-chain DEX in the coming future where users will be able to trade on any blockchain network, say Ethereum from any other blockchain network, say BSC.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | DFYN | Market Cap | 1507181.04 |
| Name | Dfyn Network | White Paper | -- |
| Web Site | https://dfyn.network/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 250000000 | |
| Supply | 250000000 | Release Date | 2021-05-10 |
| Available Supply | 192488000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart analysis suggests the following:
- A strong upward trend from December 12th to December 21st, with a significant increase in volume.
- A consolidation period from December 21st to January 1st, with a slight downward trend.
- A possible reversal or pause in the upward trend from January 1st, indicated by the opening, high, low, and close being the same, with minimal volume.
- A potential for a downward trend or consolidation from January 1st, based on the low volume and lack of significant movement.
- The possibility of a continuation of the upward trend if the consolidation period resolves positively and volume increases.