InsurAce (INSUR)
1. Fundamental Analysis
1.1 Introduce
InsurAce is a decentralized insurance protocol, aiming to provide reliable, robust and carefree DeFi insurance services to the DeFi users, with very low premium and sustainable investment returns. InsurAce respect all the DeFi insurance pioneers and do not consider ourselves as a competitor to the existing players, but a necessary complementary role to the immense and expansive DeFi world.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | INSUR | Market Cap | 939677.76 |
| Name | InsurAce | White Paper | -- |
| Web Site | https://rinkeby.insurace.io/#/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 100000000 | |
| Supply | 100000000 | Release Date | 2021-03-15 |
| Available Supply | 69916500 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line daily chart indicates a strong upward trend with a few pullbacks. The market has been consistently making higher highs and higher lows, suggesting a bullish momentum. There are instances of sharp price increases, particularly around the end of December, which may indicate strong buying interest. However, there are also moments of consolidation and pullbacks, which could be opportunities for entry or exit. The volume has been relatively high throughout the period, indicating active participation in the market. Overall, the chart suggests a strong bullish trend with potential for continued upward movement, but caution should be exercised due to the pullbacks and consolidation periods.
