Hiveswap (HIVP)
1. Fundamental Analysis
1.1 Introduce
Hiveswap is the Top SWAP in the Bitcoin ecosystem, utilizing the interoperable Bitcoin layer MAP Protocol to provide liquidity services for assets in the Bitcoin ecosystem, including assets on Bitcoin L1, the MAP Protocol interoperability layer, and various Bitcoin L2s.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | HIVP | Market Cap | 504986.408572 |
| Name | Hiveswap | White Paper | -- |
| Web Site | https://www.hiveswap.io/#/home | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://www.maposcan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 2100000000 | |
| Supply | 2100000000 | Release Date | 2024-07-04 |
| Available Supply | 152656109 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart shows a downward trend with significant volatility. The price has been fluctuating within a narrow range, with a few notable spikes in volume. The overall trend suggests a bearish market with potential for a continuation of the downward trend. There are several areas of interest, such as the recent high volume spike on December 25th, which could indicate a potential reversal or at least a temporary pause in the downward trend. However, without a clear break above the resistance level, the bearish outlook remains intact.
