Lamina1 (L1)
1. Fundamental Analysis
1.1 Introduce
Lamina1 is a creator-owned platform and new economy designed for the future of IP incubation, distribution & monetization.
1.2 Basic Info
Name | Value | Name | Value |
---|---|---|---|
Symbol | L1 | Market Cap | 964338.59864 |
Name | Lamina1 | White Paper | -- |
Web Site | https://about.lamina1.com | Is ICO | None |
Wallet | -- | Raised Funds | - |
Source | -- | Distribution | - |
Explorer | https://subnets.avax.network/ | Algorithm | -- |
Forum | -- | Proof | -- |
Mining | Total | 1500000000 | |
Supply | 1500000000 | Release Date | 2024-11-24 |
Available Supply | 2400584 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The recent K-line chart analysis indicates a significant downward trend from December 3rd until December 27th which included several large drops with subsequent recoveries. Starting December 28 a strong rebound took place followed by further downward movement creating a volatile period that ended with a small upward movement on January 1st 2025. Volume was generally elevated during periods of greater price movement suggesting conviction behind those moves. From December 3 to December 27 the price experienced a consistent decline. This decline is confirmed by the lower closing prices each of these days especially with the lower lows and lower highs shown across these candles. This movement signifies a strong selling pressure. From December 28 to December 30 there was a slight correction and a move upwards. This suggests a short term increase in buying pressure or a reduction of the recent sell pressure. The period running until January 1 2025 shows a return to a volatile environment. The price range between the daily highs and lows remains significant however the actual daily movement overall has become smaller. This could indicate a potential flattening of the trend or an indecision period where buying and selling pressures are more balanced. The low at the start of the period indicates that selling pressure had pushed past previous support levels which is often used as an indication for bearish momentum. The strong rebound on December 28 shows that the market is still susceptible to periods of high buying volume but at overall these were relatively shorter periods. The lower trading on 1st January after the high volume day on December 27 may indicate a potential continuation of a downward pattern but with less volatility. The range of movement daily did not become significantly reduced during the final days of the period. This is not typical during period where trends lose momentum. This implies that the underlying drivers are still acting upon the market. The large amount of volatility means the future movements are less predictable. It is possible there will be a continued downward trend but it is also possible there will be an upward trend at this point. The volume of trade suggests a relatively high volume of transactions taking place and there were a few days with significantly larger movements than others therefore suggesting particular days with important price events. The data suggests a transition from a clear downward trend to a more undecided state with potential for future downward movement given the recent series of lower closes. It is necessary to monitor future K-line data to confirm the direction of the underlying price movement.
3. News Analysis
3.1 News
20241215
- L1 Blockchain XION Launches $12.6 Million Funding Program "Anti-Grant-Grant Program" ↑
20241205
- OKX has launched HYPE (Hyperliquid) pre-market trading ↑
20241204
- L1 blockchain Gravity is about to launch Devnet Phase 1 and announce its development roadmap
20241203
- PowerDime Partners with L1 Blockchain Chintai to Launch Tokenized Renewable Energy Platform ↑
3.2 Analysis
The data reveals a notable surge in activity within the Layer-1 blockchain space towards the end of 2024. Specifically, the launches of significant funding programs like XION’s "Anti-Grant-Grant Program" combined with the influx of pre-market trading opportunities like OKX’s HYPE launch point towards a rising level of investment and speculative interest in new blockchain technologies. The simultaneous emergence of Gravity’s Devnet introduction and the partnership between PowerDime and Chintai to bring tokenized renewable energy to market underscore a strategic move toward real-world applications and developer community growth within the blockchain ecosystem. This constellation of events suggests an intensifying competition among L1 blockchains to establish themselves as prominent players in the space.
The trend of funding programs, especially those with novel approaches like XION’s suggests a shift towards innovative means of attracting talented developers and boosting ecosystem growth. The inclusion of pre-market trading hints at increased accessibility to emerging projects, potentially fueling early adoption. With Gravity laying out its roadmap and the PowerDime-Chintai partnership pushing for sustainability integration, the move towards creating practical use cases is clear. This movement suggests we will see greater emphasis on funding ingenuity, facilitating early project access and a focus on tangible applications within L1s. Expect increased developer focus and more real-world integrations of these technologies. It’s also likely more L1s will announce substantial funding programs, pre-market trading of native tokens, and expansion into green initiatives as they seek similar traction and dominance.