LimeWire (LMWR)
1. Fundamental Analysis
1.1 Introduce
LimeWire is reshaping the creator economy, once again.LimeWire is a platform for content creators, artists and brands to create membership-based communities and build recurring revenue streams by offering fans exclusive access to their journey. Through blockchain technology, the LimeWire platform makes exclusive content and assets ownable and tradeable by minting every post, allowing fans to not only consume content but also to directly participate in the success of creators.The LimeWire Token is an ERC-20 utility token deeply embedded into the LimeWire ecosystem, designed to provide a series of perks and benefits to holders. LimeWire has successfully closed over $17.5M in strategic and public sales of the LimeWire Token, with a long list of strong backers including Kraken Ventures, Crypto.com Capital, GSR and Arrington Capital.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | LMWR | Market Cap | 73418009.7 |
| Name | LimeWire | White Paper | -- |
| Web Site | https://limewire.com/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2023-05-15 |
| Available Supply | 309389000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The observed period exhibits a volatile price action characterized by significant fluctuations and alternating trends. Initial data points show a marked decline from a high of 0.39359 on 2024-12-07 to a low of 0.23134 on 2025-01-01, indicating a substantial bearish trend. There exists a large price range between the 2024-12-05 maximum of 0.4275 and the 2025-01-01 minimum of 0.23134. The period from early to mid december shows significant volatility with substantial ups and downs which then transitions to a period of more consistent downturns. Notice in both cases, the associated volume has remained significant. The daily highs and lows show significant differences at times suggesting intraday trading opportunities and considerable uncertainty among investors. There appears to be a phase shift between the first half of december and the second half with trends going back and forth before the strong bearish trend settles in. However, the end of the trend shows a decrease in volume which has seen an early indicator of price stability which could either lead to a consolidation or a bounceback depending on broader market forces. The large trading volume, especially at the beginning of the observed period, may indicate high trading activity with a subsequent sharp fall indicating strong bearish action. The market sentiment has shifted from a relatively bullish or uncertain state in early December to a significantly bearish one by the end of the year. The high volume and price fluctuations suggest a market experiencing considerable conflict between buyers and sellers which then settles to strong seller dominance. The lack of clear continuation patterns suggests a period of market uncertainty with potential for further price swings. There may be a period of price consolidation or stabilization at the end of period as a potential setup for the next price direction. However, current indicators point towards a continued bearish trend in the short term with medium term consolidation as a likely possibility. Based on the sharp downtrend with less or no major upward retracements the market is currently trending down.
