Hot Cross (HOTCROSS)
1. Fundamental Analysis
1.1 Introduce
At its core, Hot Cross aims to be a toolbox for EVM networks and if the thesis that cross-chain tools work, Hot Cross will then expand to non-EVM chains (e.g. Polkadot, Cosmos, Solana, etc.). Hot Crossâs development philosophy is agile and Hot Cross avoid overpromising based on potentialities and focus on meeting blockchain needs as they evolve.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | HOTCROSS | Market Cap | 1347366 |
| Name | Hot Cross | White Paper | -- |
| Web Site | https://hotcross.com/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 500000000 | |
| Supply | 500000000 | Release Date | 2021-05-20 |
| Available Supply | 111500000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line daily chart shows a strong upward trend with a few pullbacks. The market has experienced a significant increase in volume, indicating strong buying interest. The price has made a new high above the previous resistance level, suggesting a potential breakout. However, there are signs of consolidation near the recent high, which could lead to a pullback or even a reversal. Future trends may see a continuation of the upward trend, but with caution for potential reversals.
