Karate Combat (KARATE)
1. Fundamental Analysis
1.1 Introduce
The league, which was founded by tech and crypto entrepreneurs, targets a young, international demographic through cross-platform distribution, fast stand-up fights, and 3D CGI backgrounds rendered in Unreal Engine. Karate Combat’s assets were recently transferred in full to an ownerless foundation to enable the KarateDAO to facilitate web3 governance and gamification. Beyond real governance of the league, the primary initial utility for the KARATE token is to play Up Only Gaming. Players pick their favorite fighters for the chance to earn more tokens with no risk of loss. The more KARATE tokens a player has, the more they can win. Over time active players and winning fighters slowly dilute inactive fans.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | KARATE | Market Cap | 23314826.53 |
| Name | Karate Combat | White Paper | -- |
| Web Site | https://www.karate.com/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 110000000000 | |
| Supply | 110000000000 | Release Date | 2023-05-12 |
| Available Supply | 52522700000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line daily chart analysis indicates a trend of upward momentum with a few pullbacks. The price has been moving in a range, and there are signs of consolidation. The volume has been relatively high, suggesting strong interest in the asset. The chart shows a potential reversal pattern forming, which could indicate a possible downward trend in the near future.
