Morpher (MPH)
1. Fundamental Analysis
1.1 Introduce
MPH are ERC20 token powering project s unique trading platform. All trades on Morpher are created and settled in MPH instead of USD or Bitcoin. Morpher’s currency MPH is staked via its smart contracts on any asset supported by our platform. As the underlying asset gains market value, the smart contract mints new coins to the investor, and if the underlying decreases in value, the staked coins are destroyed proportionally. Morpher token are a naturally solvent currency.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | MPH | Market Cap | 0 |
| Name | Morpher | White Paper | -- |
| Web Site | https://www.morpher.com | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1177293142 | |
| Supply | 1177293142 | Release Date | |
| Available Supply | -- |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
Potential for further downside. Current price action indicates weakening momentum. Selling pressure outweighs buying pressure. Bearish trend likely to continue. Monitor for potential short-covering rallies. Downside target uncertain, further analysis required. Risk of sharp reversals present. Consider protective stops. Confirmation of breakdown crucial. Volatility expected to remain elevated.
