ECOx (ECOX)
1. Fundamental Analysis
1.1 Introduce
The Eco Currency is intended to serve as a decentralized alternative to fiat currencies. It is a decentralized crypto-reserve currency for the markets that emerge within online communities and offline use cases where the purchasing power of fiat currencies is in decline. Eco features two tokens: the variable supply base currency (ECO), and a deflationary supply token (ECOx) intended to align incentives and bootstrap an open market signaling expectations for ECO adoption. Eco is not a token economy, it s a real economy — with real use cases, real community, and real governance.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | ECOX | Market Cap | 28805335.5 |
| Name | ECOx | White Paper | -- |
| Web Site | https://eco.org/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | |
| Available Supply | 428970000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis of the provided K-line daily chart data indicates a trend of fluctuating prices with notable volatility, particularly in the latter half of December 2024. The opening and closing prices show a range of movements, with a significant downward trend in the first half of December and a more erratic pattern in the second half. The highest and lowest prices also reflect this volatility, with several days experiencing sharp increases or decreases. Volume, which can be an indicator of market activity, shows a pattern of higher trading volumes during periods of price volatility. The overall conclusion is that the asset is experiencing a period of high volatility with no clear trend direction, suggesting a potential for further price fluctuations in the near future.
