MiniSwap (MINI)
1. Fundamental Analysis
1.1 Introduce
MiniSwap is a platform to enable a connected network of DeFi ecosystems. MiniSwap provides a decentralised platform for exercising financial products.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | MINI | Market Cap | 0 |
| Name | MiniSwap | White Paper | -- |
| Web Site | https://www.miniswap.org/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | |
| Available Supply | -- |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The recent K-line chart shows a volatile trading period with both pronounced upward and downward trends. A significant surge in price occurred on 2024-12-11 with high trading volume suggesting strong buying pressure followed by significant retracement in subsequent days, indicating potential profit taking. The period from 2024-12-11 to 2024-12-15 seems to be a corrective phase with a price drop following the large increase indicating some market uncertainty at that level.The period from 2024-12-16 to 2024-12-20 is characterized by relatively lower volatility with several days showing narrow price ranges coupled with smaller volumes suggesting a period of consolidation or indecision. The noticeable increase in volume on 2024-12-19 alongside a positive close indicates a possible attempt to break upwards. From 2024-12-21 to 2024-12-24, a decline occurred, testing previous lows and creating a period of selling pressure. 2024-12-24 exhibited very high trading volume and a lower close suggesting a potential capitulation of sellers after a period of decline. The period from 2024-12-25 to 2024-12-29 reveals a slight consolidation where prices fluctuated in a narrow range with small volume. A potential trend reversal started on 2024-12-27 with a substantial increase in volume and price indicating renewed buying interest. The last two days of charting data show significant volatility with both a substantial increase and decrease in price and high volume. 2024-12-30 exhibited a high volume and a significantly lower close suggesting some degree of selling pressure. On 2024-12-31 volume reduces and the price recovers considerably, which is followed by a large move upward on 2025-01-01 showing significant new investor interest, potentially shifting the momentum.The significant swings in volume throughout the period correlate strongly with price movements, indicating that volume may act as an important indicator while identifying trend changes. In short, the K-line trend analysis suggests significant volatility with uncertain future movement. The chart indicates a correction phase after a large jump in price, followed by a period of consolidation, testing of previous lows and currently a positive reversal with very high volume in the last days indicating strong market sentiment shift with the possibility of an upward trend continuation.
