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

NameValueNameValue
SymbolDFYNMarket Cap1507181.04
NameDfyn NetworkWhite Paper--
Web Sitehttps://dfyn.network/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total250000000
Supply250000000Release Date2021-05-10
Available Supply192488000

2. Technical Analysis

2.1 Kline Chart

2.2 Analysis

The K-line chart analysis suggests the following:

  1. A strong upward trend from December 12th to December 21st, with a significant increase in volume.
  2. A consolidation period from December 21st to January 1st, with a slight downward trend.
  3. 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.
  4. A potential for a downward trend or consolidation from January 1st, based on the low volume and lack of significant movement.
  5. The possibility of a continuation of the upward trend if the consolidation period resolves positively and volume increases.