Otherworld (OWN)
1. Fundamental Analysis
1.1 Introduce
Otherworld is Web3 Social Protocol that is a social ecosystem integrating familiar social media features with Web3 benefits like digital asset ownership. It leverages IP usage rights from top entertainment properties to create a decentralized content universe. Partnering with leading creators and companies, Otherworld offers immersive experiences such as webcomics and dynamic music, merging entertainment with social engagement. Its first in-house content, “Solo Leveling: Unlimited,” is an interactive NFT collecting experience. This innovative platform sets a new standard for content-driven social ecosystems by combining social interaction with exclusive storytelling.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | OWN | Market Cap | 15154466.5237 |
| Name | Otherworld | White Paper | -- |
| Web Site | https://otherworld.network/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2024-06-27 |
| Available Supply | 35333333 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis of the provided K-line data reveals a fluctuating market with notable price volatility. Over the past month, the price has experienced both sharp increases and declines, indicating a period of uncertainty and indecision among traders. There is no sustained uptrend or downtrend present based the data provided. The data shows periods of significant price swings, exemplified by daily high and low ranges. For example, several days show a high of almost 0.5 and a low close to 0.4, indicating price instability. The volume also fluctuates, which implies varying levels of investor interest. The data shows a recent bullish price rebound on the day of January 1, 2025, with increases in both volume and price. Prices are largely contained within a 0.40 to 0.52 range, without a break out of these limits. The data suggests that while the price is bouncing around, overall it mostly stays within this range. Previous price increases have been followed by sharp declines in following trading days which shows uncertainty and a lack of sustained conviction. The data analysis therefore does not present a strong signal or clear indication for the next trend. The future trend cannot be confidently predicted based on the provided data alone, and the market remains in a period of volatility and lack of clear direction.
