Franklin (FLY)
1. Fundamental Analysis
1.1 Introduce
Franklin (FLY) is an ecosystem token for the whole VRM businesses. Meaning that it provides holders with Black Ocean transaction fee discounts and rebates, and it can be used for all services under the VRM ecosystem – those available now and including the new ones in the future.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | FLY | Market Cap | 212778.1888 |
| Name | Franklin | White Paper | -- |
| Web Site | https://tokenfly.co | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1700000000 | |
| Supply | 1700000000 | Release Date | 2021-04-16 |
| Available Supply | 519478000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart analysis indicates a potential reversal pattern with a bearish outlook. The price has been consolidating in a tight range, showing signs of bearish momentum building. The volume has been decreasing, which suggests less interest in buying. The closing prices are consistently below the opening prices, indicating bearish sentiment. Future trends may see a continuation of downward movement.
