NEXADE (NEXD)
1. Fundamental Analysis
1.1 Introduce
NEXADE is an RWA protocol which avails stablecoin yields through institutional-grade portfolios of real-world trade finance assets. The on-chain platform provides insured and risk-adjusted yield solutions attractive to institutional investors, stablecoin issuers, protocol treasuries, and mass retail investors seeking real yield.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | NEXD | Market Cap | 344360.058 |
| Name | NEXADE | White Paper | -- |
| Web Site | https://nexade.finance | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://arbiscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2024-12-22 |
| Available Supply | 24597147 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.01389 | 0.014 | 0.01389 | 0.014 | 20.4023752 |
| 2024-12-31 | 0.01409 | 0.01431 | 0.0138 | 0.014 | 4481.3510103 |
| 2024-12-30 | 0.01367 | 0.01409 | 0.01365 | 0.014 | 4762.9327256 |
| 2024-12-29 | 0.01391 | 0.01401 | 0.01368 | 0.01374 | 1254.4764162 |
| 2024-12-28 | 0.01406 | 0.01425 | 0.01381 | 0.01392 | 5641.7317218 |
| 2024-12-27 | 0.02047 | 0.02049 | 0.01393 | 0.01402 | 22452.9164374 |
| 2024-12-26 | 0.02726 | 0.0282 | 0.02033 | 0.02033 | 14666.7254452 |
| 2024-12-25 | 0.03138 | 0.03149 | 0.02702 | 0.02727 | 12176.246358 |
| 2024-12-24 | 0.03783 | 0.03815 | 0.02924 | 0.03138 | 24913.8373074 |
| 2024-12-23 | 0.05488 | 0.05488 | 0.03783 | 0.03783 | 64409.8296993 |
| 2024-12-22 | 0.011 | 0.09684 | 0.011 | 0.05518 | 506766.720703 |
2.2 Analysis
The analysis concludes that the asset is currently in a strong upward trend with a significant increase in trading volume over the past few days. The recent price action has resulted in a sharp rise from a low volume consolidation phase. Future trends suggest a potential continuation of the uptrend, but caution is advised due to the high volatility and the recent surge in volume, which could indicate an increase in uncertainty and potential reversals.
