Ergo (ERG)
1. Fundamental Analysis
1.1 Introduce
Ergo is a Resilient Platform for Contractual Money. It is designed to be a platform for applications with the main focus to provide an efficient, secure and easy way to implement financial contracts.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | ERG | Market Cap | 126392922 |
| Name | Ergo | White Paper | -- |
| Web Site | http://ergoplatform.org/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.ergoplatform.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 97739925 | |
| Supply | 97739925 | Release Date | |
| Available Supply | 79119200 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The conclusion of the K-line daily chart analysis is as follows:
- The price has shown a strong downward trend since the end of November 2024.
- There was a significant price increase at the end of December, followed by a consolidation phase.
- The volume has been consistently high, indicating strong trading activity.
- The price has been fluctuating within a relatively narrow range, suggesting consolidation.
- A potential bullish trend may be emerging, but further confirmation is needed.
