Open Custody Protocol (OPEN)
1. Fundamental Analysis
1.1 Introduce
QRDO Foundation announces the Open Custody Protocol (OCP), a modular custody primitive to expand the original vision from Qredo by connecting multiple next generation custodial and key management solutions to builders. Powered by the OPEN token (previously known as QRDO).
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | OPEN | Market Cap | 6366147.564 |
| Name | Open Custody Protocol | White Paper | -- |
| Web Site | https://www.opencustody.org | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 2000000000 | |
| Supply | 2000000000 | Release Date | 2021-08-31 |
| Available Supply | 703364000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.008916 | 0.009113 | 0.008895 | 0.009061 | 76423.76763711 |
| 2024-12-31 | 0.009265 | 0.009563 | 0.008895 | 0.008916 | 201549.62487461 |
| 2024-12-30 | 0.009517 | 0.009729 | 0.009079 | 0.009265 | 214854.0922673 |
| 2024-12-29 | 0.009844 | 0.010129 | 0.009378 | 0.009517 | 212269.50596815 |
| 2024-12-28 | 0.010064 | 0.010079 | 0.009617 | 0.009844 | 193225.66391779 |
| 2024-12-27 | 0.009686 | 0.010261 | 0.009511 | 0.010055 | 224626.55899773 |
| 2024-12-26 | 0.009942 | 0.010091 | 0.009419 | 0.009686 | 221962.58900275 |
| 2024-12-25 | 0.009928 | 0.010199 | 0.009562 | 0.009942 | 203749.94000446 |
| 2024-12-24 | 0.009793 | 0.010382 | 0.009698 | 0.009928 | 241336.97013617 |
| 2024-12-23 | 0.010117 | 0.010356 | 0.009288 | 0.009793 | 300103.1180104 |
| 2024-12-22 | 0.01052 | 0.010811 | 0.009945 | 0.010117 | 241360.41121255 |
| 2024-12-21 | 0.010486 | 0.011514 | 0.010063 | 0.01052 | 354257.19522254 |
| 2024-12-20 | 0.009739 | 0.010499 | 0.008759 | 0.010486 | 357736.62936589 |
| 2024-12-19 | 0.011621 | 0.011635 | 0.009256 | 0.009739 | 326836.34940477 |
| 2024-12-18 | 0.012926 | 0.013489 | 0.01122 | 0.011598 | 442996.51667114 |
| 2024-12-17 | 0.014093 | 0.014651 | 0.012902 | 0.012926 | 372519.5525855 |
| 2024-12-16 | 0.014125 | 0.014937 | 0.013454 | 0.014069 | 462539.96814296 |
| 2024-12-15 | 0.012511 | 0.015999 | 0.012435 | 0.014125 | 705780.60801964 |
| 2024-12-14 | 0.012513 | 0.013025 | 0.012019 | 0.012511 | 308996.27300471 |
| 2024-12-13 | 0.012323 | 0.013392 | 0.012 | 0.012513 | 322969.5731741 |
| 2024-12-12 | 0.012358 | 0.013658 | 0.011787 | 0.012298 | 346308.77574474 |
| 2024-12-11 | 0.012584 | 0.0132 | 0.011727 | 0.012381 | 418108.48601284 |
| 2024-12-10 | 0.012348 | 0.014292 | 0.01148 | 0.012584 | 479348.23494175 |
| 2024-12-09 | 0.015666 | 0.017499 | 0.012072 | 0.012348 | 775859.29634992 |
| 2024-12-08 | 0.012438 | 0.016828 | 0.012311 | 0.015666 | 666843.14011584 |
| 2024-12-07 | 0.012667 | 0.013031 | 0.012 | 0.012477 | 377067.77743953 |
| 2024-12-06 | 0.011879 | 0.0133 | 0.01175 | 0.012667 | 352939.593382 |
| 2024-12-05 | 0.012365 | 0.013399 | 0.011797 | 0.011879 | 485040.24804323 |
| 2024-12-04 | 0.012357 | 0.015224 | 0.011988 | 0.012343 | 712929.23469714 |
| 2024-12-03 | 0.013061 | 0.013323 | 0.011359 | 0.012357 | 455175.82886149 |
2.2 Analysis
The recent price action shows a period of volatility followed by a potential consolidation or minor upward trend. Short-term price fluctuations are likely, but a sustained upward trajectory is possible, pending further market developments. Increased volume accompanies significant price movements, suggesting investor interest. The overall trend remains uncertain and requires continued monitoring for confirmation. Further analysis is necessary to definitively predict future trends. Caution is advised, as market conditions can shift rapidly.
