MAIMeta (MELI)
1. Fundamental Analysis
1.1 Introduce
MaiMeta aims to create a brand new virtual reality world through Metaverse, Digital Human, and AI technology, providing a more realistic, free digital interaction experience and bringing a more impressive visual effect and sense of experience. This will enable the creation, trading, and marketing of Digital Humans, as well as various interactions and applications in the Metaverse. Our platform will adopt a decentralized design to ensure data security and privacy, providing users with a secure and efficient digital economy environment.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | MELI | Market Cap | 1828 |
| Name | MAIMeta | White Paper | -- |
| Web Site | http://maimeta.io/#/dashboard | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://bscscan.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2021-11-04 |
| Available Supply | 40000000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The most recent day shows a significant bullish candlestick with a high opening and closing at the high for that day, the price of the last day is also much higher than the previous. There has been recent increased volatility, with large price swings and high trading volumes followed by periods of relative stability. This is seen in the periods of Dec 8 to Dec 9, Dec 10 to Dec 11 and Dec 12 to Dec 13, which have higher volume and price change compared to immediately preceding days, also significant increases in price are often met with subsequent periods of price decrease. December 20th had a large sell-off, with the price reaching a low of 3.597e-05, but the recovery was seen in later days. The period between Dec 20 to Dec 23 witnessed major fluctuations with a few days trending downward followed by a high volume upward surge. The trading volume has been generally low most days but has significantly increased near the end of December. It is observed that after periods of consolidation, the price tends to break out with higher volume days. Despite the volatility, there appears to be a general bullish trend over the period. The price has generally trended upward with occasional pullbacks, and the most recent price action hints at a potential continuation of this trend. The trend is that the price could potentially consolidate near current levels before making a more aggressive move upward, or experience a short-term pullback. The data indicates that the asset is in a state of price discovery, with no clear stable pattern, also, there is an absence of a defined long-term trend. The recent rise in price and volume is a powerful signal but the next few days will be critical for determining the sustainability of the current trend. Short-term price action suggests potential for continued upward move but the significant shifts in price and volume indicate that traders will be closely watching for confirmation for trends.
