Nektar Network (NEKTAR)
1. Fundamental Analysis
1.1 Introduce
Nektar is a Liquidity & Infrastructure Marketplace that aggregates liquidity by connecting Delegators to Networks through a Decentralized Asset Manager (DAM). DAMs also enable Operators to manage infrastructure operation for the benefit of Networks.
Nearly any participant in the modular decentralized economy can use Nektar to distribute rewards or source compute power without relinquishing token control or altering incentive mechanics.
Nektar aims to match infrastructure and liquidity needs of:
- Operators maximize capital efficiency of existing infrastructure by accessing top revenue-generating opportunities
- Networks incentivize liquidity, attract new operators, boost loyalty of existing ones
- Delegators increase potential rewards from their assets by depositing a wide array of tokens
Managers are responsible for creating and running DAMs
1.2 Basic Info
Name Value Name Value Symbol NEKTAR Market Cap 1109670 Name Nektar Network White Paper -- Web Site https://nektar.network/ Is ICO None Wallet -- Raised Funds - Source -- Distribution - Explorer https://etherscan.io/ Algorithm -- Forum -- Proof -- Mining Total 1000000000 Supply 1000000000 Release Date 2024-12-03 Available Supply 393500000
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.00285 | 0.00291 | 0.0027 | 0.00282 | 70.8737681 |
| 2024-12-31 | 0.00494 | 0.00494 | 0.00223 | 0.00286 | 3914.1871745 |
| 2024-12-30 | 0.00394 | 0.00579 | 0.00304 | 0.00464 | 4546.9269631 |
| 2024-12-29 | 0.0048 | 0.00851 | 0.00342 | 0.0045 | 12677.7483185 |
| 2024-12-28 | 0.005 | 0.0051 | 0.00355 | 0.00415 | 3923.0929625 |
| 2024-12-27 | 0.00509 | 0.006 | 0.00403 | 0.00521 | 3011.0470476 |
| 2024-12-26 | 0.00589 | 0.0078 | 0.00448 | 0.00565 | 7202.1996167 |
| 2024-12-25 | 0.00713 | 0.00871 | 0.00539 | 0.0062 | 8681.9144334 |
| 2024-12-24 | 0.00593 | 0.00799 | 0.00545 | 0.0076 | 5720.7836275 |
| 2024-12-23 | 0.00506 | 0.0088 | 0.00504 | 0.00595 | 1370.1914803 |
| 2024-12-22 | 0.00564 | 0.0057 | 0.00508 | 0.00527 | 505.3600802 |
| 2024-12-21 | 0.00557 | 0.00643 | 0.00501 | 0.00543 | 2468.8155336 |
| 2024-12-20 | 0.00678 | 0.00708 | 0.00403 | 0.00538 | 5349.6065827 |
| 2024-12-19 | 0.00858 | 0.00921 | 0.00601 | 0.00617 | 2190.0161712 |
| 2024-12-18 | 0.01184 | 0.01456 | 0.00854 | 0.00859 | 3044.6562456 |
| 2024-12-17 | 0.00998 | 0.01479 | 0.00902 | 0.01174 | 4809.6263231 |
| 2024-12-16 | 0.00965 | 0.01067 | 0.009 | 0.0093 | 3733.7697291 |
| 2024-12-15 | 0.01002 | 0.01066 | 0.00901 | 0.01031 | 2719.0452924 |
| 2024-12-14 | 0.01103 | 0.01219 | 0.01007 | 0.01043 | 6639.5713309 |
| 2024-12-13 | 0.01372 | 0.01405 | 0.009 | 0.00966 | 13969.2983682 |
| 2024-12-12 | 0.01741 | 0.0188 | 0.011 | 0.01398 | 17870.3149308 |
| 2024-12-11 | 0.0196 | 0.02695 | 0.01682 | 0.01809 | 124153.5374561 |
| 2024-12-10 | 0.0261 | 0.02711 | 0.0171 | 0.01799 | 20101.7187019 |
| 2024-12-09 | 0.03022 | 0.0312 | 0.0261 | 0.02618 | 15236.0534803 |
| 2024-12-08 | 0.03309 | 0.03541 | 0.02802 | 0.03024 | 19841.5727944 |
| 2024-12-07 | 0.02885 | 0.04489 | 0.02688 | 0.03304 | 103572.4430702 |
| 2024-12-06 | 0.03131 | 0.03479 | 0.028 | 0.02995 | 93229.369145 |
| 2024-12-05 | 0.04832 | 0.05096 | 0.02866 | 0.03138 | 117808.1876491 |
| 2024-12-04 | 0.06713 | 0.07493 | 0.0457 | 0.04831 | 141316.0539904 |
| 2024-12-03 | 0.06342 | 0.17692 | 0.04288 | 0.06775 | 858627.4805275 |
2.2 Analysis
The data shows a significant price drop from December 3rd to January 1st, 2025, suggesting a bearish trend. However, the volume associated with the initial drop is extremely high, indicating a potential exhaustion of selling pressure. The subsequent price action displays lower volume and smaller price fluctuations, hinting at consolidation or a period of indecision. While a short-term upward trend is possible, the overall picture remains bearish, with a potential for further downward movement in the medium to long term. Caution is advised.
