1. Fundamental Analysis

1.1 Introduce

EgonCoin is an innovative blockchain platform utilizing the Elevated Proof of Stake (EPoS) consensus algorithm. It aims to revolutionize the cryptocurrency landscape by making digital currencies more accessible for everyday use in finance, gaming, and payment systems. EgonCoin s ecosystem features a variety of interconnected solutions, including a secure and efficient blockchain, a native cryptocurrency (EGON), and a range of decentralized applications (dApps). With a focus on enhanced security, scalability, and usability, EgonCoin is poised to drive widespread adoption of blockchain technology and decentralized finance, offering a seamless experience for both users and developers.

1.2 Basic Info

NameValueNameValue
SymbolEGONMarket Cap55763.7
NameEgonCoinWhite Paper--
Web Sitehttps://egoncoin.comIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://egonscan.com/Algorithm--
Forum--Proof--
Mining Total271000000
Supply271000000Release Date2024-04-02
Available Supply6910000

2. Technical Analysis

2.1 Kline Chart

2.2 Analysis

The analysis concludes that the asset has experienced a period of significant volatility, with rapid price movements and high trading volume. The price has seen a downward trend starting from late December 2024, with a notable decrease in early January 2025. The opening and closing prices have varied widely, indicating strong demand and supply dynamics. The high volume during certain periods suggests periods of strong market interest, possibly due to news or events. Future trends may be characterized by continued volatility and potential downward movement, given the current downward trend and recent price action.