Ionic Protocol (ION)
1. Fundamental Analysis
1.1 Introduce
Ionic Protocol is a deep liquidity money market app chain for lending supply aggregation across all OP Stack Superchains. First Mode Network then many chains such as Base, OP and beyond; with an asset strategy focused primarily on LST and LRTs.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | ION | Market Cap | 4463413.6 |
| Name | Ionic Protocol | White Paper | -- |
| Web Site | https://ionic.money | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.mode.network/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2024-05-02 |
| Available Supply | 301582000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line daily chart analysis indicates a potential bearish trend with a high volatility. The price has experienced a significant downward movement from the high of 0.03626 on December 12 to the low of 0.01476 on January 1. The volume has shown a mix of high and low levels, suggesting periods of strong buying and selling pressure. A cautious approach is recommended, with a possibility of further downward movement in the near term.
