Fractal Network (FRA)
1. Fundamental Analysis
1.1 Introduce
Findora (FRA) is a privacy protection public blockchain based on zero-knowledge proof. It aims to become the next-generation financial infrastructure. It is co-sponsored by world-class cryptographers, experienced distributed s engineering teams and entrepreneurs. Findora is at the forefront of blockchain technology-focusing on bringing breakthroughs to Web 3.0, rather than gradual improvements. Findora uses a variety of the latest trustless and efficient zero-knowledge proof technologies to introduce effective confidential/anonymous asset operations/transactions into the open blockchain; Findora uses similar technologies to create confidential identity and qualification credentials for the blockchain world; And use the best zkSNARKS in its class to create an optimized ZK-Rollup service to help expand the entire blockchain field. In addition, Findora innovatively uses various proven data structures to create efficient new blockchains. Findora provides infrastructure to incentivize decentralized financial innovation and large-scale migration of traditional financial industry to blockchain.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | FRA | Market Cap | 5430430.35 |
| Name | Fractal Network | White Paper | -- |
| Web Site | https://www.fra.tech | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://findorascan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 21000000000 | |
| Supply | 21000000000 | Release Date | 2020-12-15 |
| Available Supply | 11591100000 |
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 consistently declining over the past few weeks, with several strong bearish signals. The volume has been relatively high during the decline, suggesting strong selling pressure. There is a possibility of a brief consolidation or a pullback before the downward trend resumes.
