1. Fundamental Analysis

1.1 Introduce

KLAP (Klaytn Lending Application) is the biggest money market on Klaytn, with over 100M+ TVL since the first day of launching. Incubated by Krust (investment entity of Klaytn), Manifold, and ROK, KLAP has solidified a strong lineup of strategic investors and partners needed to make the protocol in line for success. KLAP has incorporated some of the most modern innovations in DeFi architecture and tokenomics designs.

1.2 Basic Info

NameValueNameValue
SymbolKLAPMarket Cap1872.584
NameKLAP Finance TokenWhite Paper--
Web Sitehttps://klap.financeIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://scope.klaytn.com/Algorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date
Available Supply23800000

2. Technical Analysis

2.1 Kline Chart

2.2 Analysis

The analysis conclusion for the K-line daily chart data provided is as follows:

  • The asset has been in a consolidation phase with low trading volumes and narrow price ranges over the past few weeks.
  • There is a possible trend reversal signal as the price has closed above the previous day s high on multiple occasions, indicating a bullish sentiment.
  • The trading volume has been increasing slightly, suggesting growing interest in the asset.
  • The asset price has shown a slight upward trend over the past few days.
  • The chart shows a lack of strong support or resistance levels, which could indicate volatility in future price movements.
  • There is potential for a breakout in either direction, with a higher likelihood of an upward movement given the recent price action.
  • It is advisable to monitor for any significant price movements or trading volume spikes as these could indicate a more decisive trend in the near future.