1. Fundamental Analysis

1.1 Introduce

EMC is a leading multi-chain AI infrastructure paving the way for the future of Decentralized AI (DeAI). The platform hosts a wide array of AI-powered dApps running seamlessly on the EMC Network, including Jarvis, an integrated AI agent, working behind the scenes to enhance user experience and application capabilities. The EMC network features a unique blend of utility-driven economics based on GPU power to facilitate the usage and trading of computing resources—allowing for a more convenient and streamlined transaction and usage model for nodes and end-users.

1.2 Basic Info

NameValueNameValue
SymbolEMCMarket Cap8077504.6611
NameEdge Matrix ChainWhite Paper--
Web Sitehttps://emc.network/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://arbiscan.io/Algorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date2024-01-11
Available Supply183163371

2. Technical Analysis

2.1 Kline Chart

2.2 Analysis

The K-line chart indicates a bearish trend with a significant downward momentum. The price has been declining over the past few weeks, and the volume has been decreasing, suggesting a lack of buyers. The market has shown signs of oversold conditions, which could lead to a potential short-term bounce. However, the overall trend remains bearish with a strong possibility of further price declines.