TheDonato Creator Token (DON)
1. Fundamental Analysis
1.1 Introduce
TheDonato Creator Token(DON) is the first Creator Token from XCAD Network and it is the official Creator Token for influencer TheDonato. TheDonato boasts over 40 million subscribers on YouTube, along with 10 million on TikTok and 4.8 million on Instagram. The token will be used to bridge the gap between fans and the creator. DON Tokens are used to govern decisions on TheDonato’s YouTube channel and earn perks offered by the creator, which brings the fans closer.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | DON | Market Cap | 579700 |
| Name | TheDonato Creator Token | White Paper | -- |
| Web Site | https://xcadnetwork.com/thedonato | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://bscscan.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2024-05-02 |
| Available Supply | 310000000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart indicates a strong upward trend with significant volatility. The market has shown a sharp increase in volume, particularly on days with high price movements. The opening and closing prices are closely aligned, suggesting a lack of strong buying or selling pressure. The price has experienced several sharp reversals, indicating potential reversals in the near future. The chart shows a potential consolidation phase after a significant rise, suggesting a possible pullback or correction in the near term. The overall trend is bullish, but caution is advised due to the high volatility and potential reversals.
