1. Fundamental Analysis

1.1 Introduce

ArenaX Labs – the makers of AI Arena – is on a mission to change the future of gaming.AI Arena is the proof of concept built on the ARC infrastructure that is ushering in a new era of gaming. It is a competitive game where players design, train, and battle powerful AI characters in a PvP arena game. The objective for players is to climb atop a global leaderboard.SAI will be released later in 2024 and will feature a platform where AI developers / researchers can compete to build the best AIs and battle in a variety of interesting gaming environments.

1.2 Basic Info

NameValueNameValue
SymbolNRNMarket Cap15635070
NameNeuronWhite Paper--
Web Sitehttps://aiarena.io/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://arbiscan.io/Algorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date2024-06-24
Available Supply99000000

2. Technical Analysis

2.1 Kline Data

DateOpenHighLowCloseVolumn
2025-01-010.163220.163760.157860.1593216221.911441
2024-12-310.17690.180020.162180.163108466.9827276
2024-12-300.185860.191010.176670.1769179441.3129261
2024-12-290.173220.19920.171940.18585213173.638076
2024-12-280.177810.178890.171250.17344126731.3669468
2024-12-270.178050.18520.175010.17787148279.4212692
2024-12-260.181480.189460.17460.1783193355.2510701
2024-12-250.19020.195930.180080.18115158453.6675337
2024-12-240.189390.205030.186960.19095302766.0919307
2024-12-230.182870.191710.175890.18895160336.5487756
2024-12-220.175140.184620.174870.18233227795.2129467
2024-12-210.1890.194870.174040.17507550215.1151231
2024-12-200.187720.210180.163350.188871029628.0635745
2024-12-190.160150.218930.159550.188231035672.1832215
2024-12-180.177960.179170.160.16004600550.3862451
2024-12-170.197430.205860.176380.17746753606.1266621
2024-12-160.22170.222270.196560.197561235158.034037
2024-12-150.210870.23240.208280.221281096923.4878613
2024-12-140.20040.224090.197830.21163968593.7377207
2024-12-130.201410.230.195640.200511559550.1294021
2024-12-120.16710.229560.164630.200992071289.2405902
2024-12-110.152630.178110.147210.167381115975.6461362
2024-12-100.164550.166290.144110.15248750354.9264143
2024-12-090.177920.188320.164050.16438727336.1338253
2024-12-080.198890.202180.174770.17766873258.7122991
2024-12-070.215030.222850.198440.19844487772.6552331
2024-12-060.206470.234740.204250.215311030886.1902725
2024-12-050.187720.232790.169510.206522591064.8494396
2024-12-040.195530.199750.181070.18772801906.9029526
2024-12-030.188380.245820.182280.196131613329.5490111

2.2 Analysis

The recent price action shows a strong bullish trend that has been consolidating after a significant price increase. However, the high volume on December 12th and 5th suggests potential exhaustion of the buying pressure. Short-term price fluctuations are likely, with a potential pullback before resuming the upward trend. Overall, a bullish outlook is maintained, but caution is advised regarding short-term volatility. Long-term prospects remain positive, though a period of consolidation or minor correction is anticipated in the near future. Sustained trading above 0.20 is critical for maintaining the bullish momentum.