Elys Network (ELYS)
1. Fundamental Analysis
1.1 Introduce
Elys is a layer 1 blockchain that brings a suite of Defi products and features fueled by Wallet and Chain Abstraction. Through its revolutionary self-custody universal liquidity design, it transforms the fragmented Web3 landscape into a cohesive and efficient ecosystem. This empowers both novice and pro users to easily manage their assets & trade across different chains with speed & ease all on one platform.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | ELYS | Market Cap | 7833476.2643153 |
| Name | Elys Network | White Paper | -- |
| Web Site | https://elys.network/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://testnet.ping.pub | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 200000000 | |
| Supply | 200000000 | Release Date | 2024-12-17 |
| Available Supply | 23853460.00096 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart shows a strong downward trend with significant volatility. The price has been fluctuating between support and resistance levels, with a notable drop on December 17th. There is a potential for a short-term reversal, but the overall trend remains bearish. Future trends may include a consolidation phase followed by a continuation of the downward trend.
