1. Fundamental Analysis

1.1 Introduce

IAGON is a Norwegian blockchain company that aims to revolutionize the cloud and web services market by offering a decentralized grid of storage and processing power to connect users that demand storage capacities for Big Data and large processing capabilities for Artificial Intelligence computations with unique patented technology. In essence we want to build a decentralized digital data eco. Iagon is the first decentralized cloud computing and storage platform to bridge decentralisation with regulation, enabling us to target enterprise clients.

1.2 Basic Info

NameValueNameValue
SymbolIAGMarket Cap99118872
NameIagonWhite Paper--
Web Sitehttps://iagon.com/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://cardanoscan.io/Algorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date2021-07-28
Available Supply376020000

2. Technical Analysis

2.1 Kline Chart

2.2 Analysis

The analysis concludes that the asset is currently in a downward trend with potential for bearish continuation. A strong volume increase on the last day of the dataset suggests a sudden shift in market sentiment or increased participation in the market, possibly indicating an end to the bearish trend. However, the trend remains bearish overall, with a series of lower highs and lower lows. The asset may see further price decreases in the short term.