Handshake (HNS)
1. Fundamental Analysis
1.1 Introduce
Handshake is a decentralized, permissionless naming protocol where every peer is validating and in charge of managing the root DNS naming zone with the goal of creating an alternative to existing Certificate Authorities and naming systems.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | HNS | Market Cap | 7891028.37 |
| Name | Handshake | White Paper | -- |
| Web Site | https://handshake.org/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://hnscan.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 2040000000 | |
| Supply | 2040000000 | Release Date | |
| Available Supply | 645219000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis of the provided K-line daily chart indicates a trend of consolidation and potential reversal in the near term. The market has been experiencing higher highs and higher lows, suggesting an upward trend, but the recent price action shows signs of indecision and a possible change in direction. The volume has been fluctuating, which could indicate uncertainty among traders. Future price movement is likely to be influenced by the breakdown of the current consolidation pattern.
