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

NameValueNameValue
SymbolKONETMarket Cap14788866.880592
NameKONETWhite Paper--
Web Sitehttps://konetmain.com/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://konetexplorer.io/Algorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date2024-08-22
Available Supply200046896

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.