KONET
1. Fundamental Analysis
1.1 Introduce
KONET has secured approximately 80 DApps and governance, expanding its ecosystem through the support of NFT Staking & Earn. With the KIP-1559-based base fee mechanism, the network s stability against attacks has been enhanced.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | KONET | Market Cap | 14788866.880592 |
| Name | KONET | White Paper | -- |
| Web Site | https://konetmain.com/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://konetexplorer.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2024-08-22 |
| Available Supply | 200046896 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line daily chart analysis indicates a strong bearish trend with potential for a short-term rally. The price has been consistently declining over the past few weeks, showing a downward momentum. The volume has been relatively low, suggesting a lack of significant interest in the asset. A potential short-term bullish reversal could occur if the price manages to close above the recent high of 0.0792. However, the overall bearish trend remains intact.