Inverse (INV)
1. Fundamental Analysis
1.1 Introduce
Inverse Finance is a protocol that generates yield on stablecoins and continuously invests the yield in a target token e.g. ETH. When you deposit a stablecoin, you receive a vault token at a 1:1 ratio. As long as you hold that token, you continue to receive ETH. When you withdraw your stablecoin, the vault token is burned and you receive the deposited stablecoins back.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | INV | Market Cap | 27659782.92 |
| Name | Inverse | White Paper | -- |
| Web Site | https://inverse.finance | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 100000 | |
| Supply | 100000 | Release Date | |
| Available Supply | 582802 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line analysis indicates a market with significant volatility and a trend of downward movement. The price has been fluctuating within a narrow range, showing periods of strong support and resistance. A potential bearish trend is evident as the closing prices are consistently below the opening prices, with occasional bearish candlestick patterns such as long upper shadows and doji. The volume is relatively high, indicating active trading. Future trends may include a continuation of the downward trend with possible pullbacks, but the overall bias remains bearish.
