Honeyland (HXD)
1. Fundamental Analysis
1.1 Introduce
Honeyland is the first mobile FTP (Free To Play) strategy game from Hexagon Studios approved and available on Google Play Store and Apple App Store. Studio builds high quality games and distributes them on scale to millions of players around the world. HXD is the single diverse utility token of Honeyland with a ton of usage in-game and outside. Big companies like Solana, Magic Eden, Samsung, Master Card, Cibona Basketball team etc are investors and partners of Honeyland Project.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | HXD | Market Cap | 7353559.3605903 |
| Name | Honeyland | White Paper | -- |
| Web Site | https://honey.land/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.solana.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2023-03-16 |
| Available Supply | 365303495.31 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis concludes with a trend of increasing volatility and a downward momentum over the past month. The asset price appears to have experienced a sharp downward move from late November to early December, followed by a consolidation period and a slight upward trend in the last few days of the analyzed period. The volume shows high activity during periods of significant price movements, suggesting that these periods are likely to be pivotal. A potential bearish trend is indicated as the price has closed below the opening price in several instances, signaling a potential bearish sentiment. Future trends may indicate either continuation of the downward trend or a potential reversal, depending on future market conditions and investor sentiment.
