inscriptions (INSC)
1. Fundamental Analysis
1.1 Introduce
insc represents the concept of inscriptions and is a BRC20 token in the Bitcoin ecosystem. Inscriptions and ordinals are two fundamental core concepts of BRC20. Everything inscribed in the inscribed ecosystem is collectively referred to as inscriptions.
1.2 Basic Info
Name | Value | Name | Value |
---|---|---|---|
Symbol | INSC | Market Cap | 391020 |
Name | inscriptions | White Paper | -- |
Web Site | https://unisat.io/brc20/insc | Is ICO | None |
Wallet | -- | Raised Funds | - |
Source | -- | Distribution | - |
Explorer | https://mempool.space/ | Algorithm | -- |
Forum | -- | Proof | -- |
Mining | Total | 21000000 | |
Supply | 21000000 | Release Date | 2023-05-06 |
Available Supply | 21000000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart indicates a strong upward trend followed by a consolidation phase. The price has been consistently rising over the past few weeks, reaching new highs on multiple occasions. The volume has also been increasing, suggesting strong buying interest. However, the recent consolidation phase indicates potential indecision or a temporary pause in the uptrend. A break above the consolidation zone could signal a continuation of the uptrend, while a breakdown could indicate a shift in momentum towards a downward trend. Future trend prediction: Uptrend with potential for consolidation or reversal.