K9 Finance DAO (KNINE)
1. Fundamental Analysis
1.1 Introduce
K9 Finance DAO is the official liquid staking (LSD) for the Shiba Inu Layer 2 blockchain. The project offers core DeFi services and acts as an official validator for the Shiba Inu network. Holders are rewarded with validator rewards & DAO revenue.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | KNINE | Market Cap | 1612536.6102809 |
| Name | K9 Finance DAO | White Paper | -- |
| Web Site | https://www.k9finance.com | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 999999999999 | |
| Supply | 999999999999 | Release Date | 2024-03-04 |
| Available Supply | 340054114357 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart shows a bearish trend with a strong downward momentum. The price has been consistently declining over the past two weeks, with a significant drop in volume. The recent close below the previous day s low indicates a potential continuation of the bearish trend. Future trends are likely to see further price declines with a potential for a downward breakout.
