INK(ink token) is a QRC20 token on Qtum mainnet. Ink protocol is a decentralised solution for the global Creative Industries. It is reinventing the combined power of customizable consortium blockchain, cross-chain technology and IP asset exchange. Ink will build the value network for global IP assets and create a decentralized business ecosystem.

1. Basic Info

NameValueNameValue
SymbolINKMarket Cap680371.8726
NameInkWhite Paper--
Web Sitehttps://ink.one/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://qtum.info/Algorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date2017-11-21
Available Supply463911000

2. Technical Analysis

2.1 Kline Price Chart

2.2 Analysis

The K-line chart shows a strong upward trend with significant volatility. The price has been consistently rising over the past few weeks, with a notable surge on December 22nd. The trading volume has been high throughout this period, indicating strong interest and activity in the market. The price has formed a strong support level around 0.0014666, which has been tested multiple times without breaking. The trend is likely to continue upwards in the near term, with potential for further gains.

3. News Analysis

3.1 News

  • 20241224

    • Dune will support Krakens L2 network ink ↑
  • 20241219

    • Krakens L2 network Ink announced that it has launched mainnet ↑
    • Kraken L2 Network Ink is now live on the mainnet ↑

3.2 Analysis

The message data indicates a significant development in the blockchain and cryptocurrency sector, specifically concerning the integration of Krakens L2 network ink with the Dune platform. The timestamps suggest that these events occurred in late December 2024. The first message highlights that Dune, which is known for its data analysis and visualization tools for blockchain, has started to support Krakens L2 network ink. The use of the upward arrow indicates a positive development or improvement.

The second message further solidifies the first by announcing that Krakens L2 network ink has successfully launched its mainnet, followed by a confirmation that the network is now live on the mainnet. The repetition of the upward arrow in this message reinforces the positive nature of this development.

In conclusion, the message data points to a collaborative effort between Dune and Kraken that could potentially enhance the efficiency and accessibility of blockchain analytics. This integration suggests a growing trend in the industry towards the adoption of layer 2 solutions to scale blockchain networks. Future trends may include an increase in the collaboration between analytics platforms and blockchain networks, as well as a rise in the use of layer 2 technologies to improve the overall user experience on the blockchain.