Hydra (HYDRA)
1. Fundamental Analysis
1.1 Introduce
Hydra is an open-source Proof-of-Stake blockchain with a unique set of economic features. It packs a unique combination of inflationary as well as deflationary mechanics as part of its economy that work in parallel and let the real adoption define its total supply.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | HYDRA | Market Cap | 8049232.62 |
| Name | Hydra | White Paper | -- |
| Web Site | https://hydrachain.org/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.hydrachain.org/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | -- | |
| Supply | -- | Release Date | 2021-01-13 |
| Available Supply | 15358200 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line daily chart analysis indicates a significant upward trend followed by a consolidation phase. The recent downward movement suggests a potential reversal or a temporary pullback. Future trends may show a continuation of the upward trend with a possible consolidation at higher levels.
