Perion (PERC)
1. Fundamental Analysis
1.1 Introduce
Perion s mission is to create and distribute opportunity by harnessing the untapped potential of the Web3.0 gaming community and positioning them as the economic champions of tomorrow.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | PERC | Market Cap | 5625952.8 |
| Name | Perion | White Paper | -- |
| Web Site | https://perion.gg/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 100000000 | |
| Supply | 100000000 | Release Date | |
| Available Supply | 31821000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The provided K-line data reveals a significant downward trend over the analyzed timeframe, punctuated by a few short-lived upward corrections. Specifically the data from December 3rd to January 1st shows an overall price decline from 0.262 to 0.1772 , a decrease of approximate 32%. From December 3rd to December 11th shows periods of significant volatility and price fluctuations. Beginning with the price at 0.262 on December 3rd and reaching a peak at 0.314 on December 4th, followed by sharp price volatility on December 10. High volume on December 4th and December 11th correspond with significant price movements, suggesting possible high trading activity around those days. The period from December 12th through December 16th shows a mild downward trend with high trading volumes, indicating potential selling pressure. December 17th through 26th indicates a downtrend with varying volatility, with some slight up and down movements, but overall downwards, indicating consistent bearish momentum. December 27th through 30th shows a continued downtrend movement, as the price makes a slight up correction that doesn t last long, it goes down again before reaching 0.1738 mark. The period between December 31st and January 1st shows a slight up movement but doesn t seem to be powerful enough to change the trend. The overall trend is significantly bearish, showing a progressive decrease in closing prices with a few short-term rallies punctuating the overall decline. Future movement likely to continue in the bearish direction, as the price seems to find it hard to reverse the trend after significant losses.
