MoneySwap (MSWAP)
1. Fundamental Analysis
1.1 Introduce
MoneySwap project and MSWAP token will be used as a token to act as a broker for artists who want to popularize their artistry through NFT.MSWAP project team wants to make it easy for anyone to raise NFTs and trade on the market. It helps artists list their desired NFT in various markets (ETH, SOL, and so on) through the MSWAP platform regardless of picture, video, or music file media.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | MSWAP | Market Cap | 29702.3881 |
| Name | MoneySwap | White Paper | -- |
| Web Site | https://moneyswap.io/# | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://bscscan.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1500000000 | |
| Supply | 1500000000 | Release Date | |
| Available Supply | 1348270000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The provided K-line data shows a period of high volatility and downward price movement followed by a period of price stabilization and a recent slight upward trend. From December 4 to December 8 there was a notable price decrease with fluctuating volumes, indicating strong selling pressure. This sell off culminated in a price of 2.95e-05 on December 8. Following this downturn the price fluctuated between 2.8e-05 and 3.29e-05. From December 9 to December 17 the price largely trended downwards with the price dropping from 3.286e-05 to 2.801e-05 although it was somewhat choppy overall. From December 18 to December 24 the price shows an upwards consolidation trading between 2.765e-05 and 2.607e-05. The volume was generally lower during this period except for December 23 indicating less market participation. However there was a surge of volume on December 25 which accompanied an upwards move in price, but prices then fell back down on December 26. A sharp sell off occurred on December 27 which was accompanied by extremely high volume, followed by a partial rebound up to 2.32e-05 by December 28. The price then generally trended upwards over the next few days reaching 2.375e-05 on December 29. The price dipped again though on December 30. The price then appeared to stabilize on December 31 with a slightly higher close of 2.267e-05. Finally, on January 1 the market seemed stagnant with extremely low volume. The most recent price movement suggests a degree of uncertainty and is characterized by erratic price swings and changes in sentiment. Considering the recent recovery after sharp drops, the immediate future trend appears uncertain. The market may experience further consolidation before a clear trend emerges. The current overall trend is sideways to slightly upward but the price action indicates high sensitivity to short term selling pressure, so price breaks to the downside are still a possibility. The extremely low volume on the last day signals limited conviction, suggesting hesitation in the market and implying that a major price spike or dump is unlikely in the immediate term. Instead the market may remain in a phase of price discovery and consolidation.
