Destra Network (DSYNC)
1. Fundamental Analysis
1.1 Introduce
Destra Network is building a decentralized ecosystem for cloud computing, AI, and web services. It aims to solve the problems of centralization, censorship, and privacy that plague traditional web infrastructure. Destra offers a decentralized GPU network where users can share computing power and earn rewards, along with truly decentralized cloud solutions like storage and web hosting. Unique features like Destra DNS, Destra RPC, and its Proof of Sync consensus mechanism ensure a fair, secure, and censorship-resistant experience for users.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | DSYNC | Market Cap | 302000000 |
| Name | Destra Network | White Paper | -- |
| Web Site | https://destra.network | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2024-03-11 |
| Available Supply | 1000000000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis of the K-line daily chart suggests that the asset has undergone a significant downward trend in the period from December 2024 to January 2025. The opening prices have been consistently lower than the closing prices, indicating bearish sentiment. The highest price has generally been lower than the previous day s highest price, reinforcing the downward trend. The lowest price has frequently been lower than the previous day s lowest price, further emphasizing the bearish outlook. Volume has shown a mix of high and low levels, but the overall trend has not been indicative of a strong reversal. The asset is expected to continue its downward trajectory in the near future.
