Media Licensing Token (MLT)
1. Fundamental Analysis
1.1 Introduce
The german media house Welt der Wunder GmbH is a professional media content producer and broadcaster in Germany and Switzerland, established 25 years ago, reaching 35M households, and 500k viewers daily.As a next evolutionary step to become the first tokenized global media house Welt der Wunder aims to revolutionize the global media content market by launching the MILC Platform. MILC stands for “Media Industry Licensing Content”.The MILC Platform provides a Metaverse as a bridge for Media professionals towards their audience and an open new marketplace for every content provider and buyer (broadcasters like BBC, VOD platforms like Netflix). Movie producers can crowdfund their early stage movie projects. Investors can benefit directly from box office and licensing revenues.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | MLT | Market Cap | 3797641.94 |
| Name | Media Licensing Token | White Paper | -- |
| Web Site | https://www.milc.global/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 200000000 | |
| Supply | 200000000 | Release Date | 2021-05-18 |
| Available Supply | 146401000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The provided K-line data shows a period of significant price volatility and a general downward trend over the last month. Starting from December 1st 2024 to January 1st 2025 the price experienced a decline from a high of 0.054 on 2024 12 08 to 0.02594 on 2025 01 01. Large price fluctuations are evident with notable spikes such as the one observed on 2024 12 24 where the price range was considerable. Volume has also fluctuated dramatically reaching a peak on 2024 12 09 then declining sharply over time and eventually stabilizing in the recent periods. The initial period shows a bullish trend characterized by frequent highs and increased volume which gradually transforms into a bearish trend featuring more frequent lows and a decrease in volatility. From mid December the price begins to consolidate with smaller swings. The recent data, from late December to early January, shows a continuous downward trend with lower volumes suggesting a possible lack of strong buying interest. The closing price on January 1st, 2025, is significantly lower than the highest points observed, indicating a considerable correction or possible bear market trend. The closing price on the last day is about 0.0259 which is significantly lower than 0.054 the highest of the period, indicating a downtrend. From 2024-12-01 to 2024-12-09 prices had large fluctuations also with large volume suggesting a potential fight for price direction. From 2024-12-09 to 2024-12-12 prices show a steady decline while volume dropped dramatically suggesting a potential weakening of the bulls. From mid-December, fluctuations become less volatile and the price seemed to move sideways until the downward movement in late December. The most recent data indicates that the price action is in a bearish trend with continuous lower lows and consistently decreasing closing prices. The volume is also noticeably lower in the recent days indicating the sellers are in control and the lack of strength from the bulls. On 2024-12-24 the unusual high price point may signify either a specific market event or an outlier with a very high peak and then retracement. The trend has shown a consistent drop from the middle of December to the end of the data range with some consolidation in between. Recent days have shown the volume and price trend moving in the same downward direction creating a very bearish trend. Based on this there is a current market trend that can be characterized as bearish with the volumes decreasing signaling that this trend can continue for the foreseeable future.
