LOCGame (LOCG)
1. Fundamental Analysis
1.1 Introduce
LOCGame is a pioneering Web3 Trading Card Game (TCG) that brings crypto and meme culture to life through engaging gameplay. Launched in 2021 with backing from NGC and Signum Capital, LOCGame has evolved from an award-winning physical card game into a mid-core casual mobile web3 TCG with unique NFTs and rewards. Voted top-10 best European Blockchain Startups in 2023 by ECB.Developed by gaming veterans from AAA studios including Blizzard, Bethesda, and Wargaming. LOCGame continues to innovate with its upcoming Meme Season. This exciting new chapter will introduce fresh gameplay elements centred around internet meme culture, further expanding the game s unique position in the Web3 gaming landscape.The ecosystem is powered by the $LOCG token, enabling players to participate in the game economy while earning rewards through strategic gameplay. Available on major platforms including Metamask Games, Hyperplay, and Galxe, LOCGame represents the convergence of engaging gameplay, digital ownership, and popular culture in the Web3 era.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | LOCG | Market Cap | 448768.428 |
| Name | LOCGame | White Paper | -- |
| Web Site | https://locgame.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 150000000 | |
| Supply | 150000000 | Release Date | 2021-05-03 |
| Available Supply | 141612000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis of the provided K-line data reveals a highly volatile period with significant fluctuations in price and volume. A notable characteristic is the prevalence of large price swings within single trading days, indicated by substantial differences between the daily highs and lows. The volume data further corroborates this picture, with several days exhibiting extraordinarily high trading volumes, suggesting periods of intense buying and selling pressure.
Specifically, the period encompassing late December 2024 is marked by a high degree of price instability. A strong upward trend was evident early in the period, with peaks sometimes reaching above 0.004, followed by rapid retracements. This suggests periods of bullish momentum often met with substantial selling pressure, resulting in an erratic price course. The volatility seemed to reach a high point around 2024-12-16, with massive volume and a wide price range, reflecting a potential climax of trading activity. Subsequently, the market seemed to settle a bit, although the volatility didn t completely subside. The late December saw a reduction in volume and fluctuation but did not mark a clear trend.Â
The first day of January 2025 saw a slight rise to 0.003169 with significantly lower volume compared to many prior days, indicating the possibility of a rebound from lower price levels, although it may be premature to declare an upward trend given the previous inconsistent price actions and the single data point. The most recent data point shows the price is hitting a high of 0.003169, close to the closing prices of various days in late December, it still represents significant volatility.
Overall, the data displays the asset going through a state of flux, with neither a consistent upswing or downswing being prominent. The high trading ranges and volume spikes indicate significant investor uncertainty. The absence of consecutive days displaying a sustained direction suggests a lack of clear market conviction and hence, the future trend is highly uncertain. It would be prudent to maintain a watch for any stable trend formation which would require more data beyond the provided timeframe, and pay close attention to volume confirmations to ascertain the strength of any emergent trend.
