GenaroNetwork (GNX)
1. Fundamental Analysis
1.1 Introduce
The Genaro Network, the creator of the Blockchain 3.0 Ecosystem, is the first Turing-complete public chain that incorporates a decentralized storage network. Genaro s original SPoR (Sentinel Proof of Retrievability) with PoS (Proof of Stake) mixed consensus mechanism aims to create a blockchain platform with a processing speed of tens of thousands of transactions per second, which opens the way for the technological shift to move data from centralized clouds to blockchain with decentralized storage. Genaro offers developers a one-stop combined platform for deploying smart contracts and storing the data needed for DAPPs, while also providing everyone with a more trustworthy Internet and a sharing community.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | GNX | Market Cap | 141079.6116 |
| Name | GenaroNetwork | White Paper | -- |
| Web Site | https://genaro.network/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 675000000 | |
| Supply | 675000000 | Release Date | 2017-12-18 |
| Available Supply | 304182000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart analysis reveals a downward trend with significant volatility and a potential reversal pattern. The market opened at higher levels and closed at lower levels over the past two weeks, indicating bearish sentiment. However, there are signs of an impending reversal as the market has been consolidating near the recent lows. Future trends may see a brief rally followed by continued downward momentum. Volatility is expected to remain high as traders react to the changing market dynamics.
