ForTube (FOR)
1. Fundamental Analysis
1.1 Introduce
ForTube is the leading global DeFi lending platform launched by The Force Protocol. It is committed to providing decentralized lending services for cryptoasset enthusiasts around the world, supporting most of the world s popular assets. ForTube is based on smart contracts and automated algorithm technology. Users can deposit tokens to earn interest, pledge to borrow tokens and pay interests. ForTube s interest rate is determined by market supply and demand. Assets are controlled by users. ForTube allows users to deposit and withdraw anytime, borrow and repay anytime globally.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | FOR | Market Cap | 1003981.758 |
| Name | ForTube | White Paper | -- |
| Web Site | https://for.tube/home | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2019-04-22 |
| Available Supply | 563718000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line daily chart indicates a strong upward trend with a period of consolidation followed by a sharp rise. The volatility has been increasing, and there is a high volume of trading, suggesting strong market interest. The price has made a significant high at the end of the period, with a high possibility of a pullback or continuation of the uptrend. The chart shows a strong bullish sentiment, with the possibility of further price gains in the near term.
