Pandora (PANDORA)
1. Fundamental Analysis
1.1 Introduce
Pandora is the first implementation of a new token format dubbed “ERC404”, developed by the Pandora team, which enables tokens to simultaneously conform to the ERC721 NFT and ERC20 fungible token standards.This new format enables native liquidity and fractionalization for NFTs, which allows for seamless interoperability with both NFT and DeFi infrastructure. It also enables novel fair launch mechanisms, like launching an NFT collection via Uniswap, as well as innovative GameFi mechanics, RWA use-cases, NFTfi, and more.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | PANDORA | Market Cap | 17353000 |
| Name | Pandora | White Paper | -- |
| Web Site | https://pandora.build | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 10000 | |
| Supply | 10000 | Release Date | 2024-02-01 |
| Available Supply | 10000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
Bearish trend confirmed. Significant downtrend from December peak around 3066. Recent price action indicates continued selling pressure. Expect further downside movement towards 1700 support level. Potential for a short-term bounce, but overall trend remains negative. Break below 1700 could accelerate decline. Monitor volume for confirmation of selling exhaustion and potential reversal signals. Current market sentiment bearish.
