Heroes Chained (HECH)
1. Fundamental Analysis
1.1 Introduce
Heroes Chained is a fantasy action RPG game, where the player becomes a Guild Master and gathers heroes. It introduces the âPlay-and-Earnâ concept to GameFi, challenging âPlay-to-Earnâ. It starts the âGame First for GameFiâ meme. Their game-first manifesto dictates a great game which requires a great game developer team. Therefore, the project advocates the team-first approach. The project has doxed its core team members on its web site, extensively. They have backers like Avalanche Foundation, YGG SEA, Good Games Guild, Avocado Guild, Kucoin Ventures, OKX Blockdream Ventures, etc. They won the first ever Avalanche Hackathon.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | HECH | Market Cap | 445833.33162653 |
| Name | Heroes Chained | White Paper | -- |
| Web Site | https://www.heroeschained.com/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://cchain.explorer.avax.network/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 100000000 | |
| Supply | 100000000 | Release Date | |
| Available Supply | 52450980.191356 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis of the K-line daily chart indicates a trend of fluctuating price movement with a recent upward trend. The trading volume has been increasing, suggesting heightened market interest. The price has shown support around the 0.0080 to 0.0085 range and resistance around the 0.0120 to 0.0130 range. A potential bullish reversal pattern is forming, with a higher close than open on recent days. Future trends may see a continuation of the upward trend with possible consolidation or pullback within the identified support and resistance levels.
