PERI Finance (PERI)
1. Fundamental Analysis
1.1 Introduce
Peri Finance is a decentralized, cross-chain synthetic asset issuance and derivatives exchange on the Polkadot network. Through plain vanilla and leveraged synthetic assets called Pynths, it attracts arbitrageurs and increases trade volume, benefiting all stakers. PERI also provide solutions to drawbacks of other DeFi projects; high GAS fees, slow transaction speed, and attacks like front-running and flash loan. PERI Finance facilitates users to stake PERI, USDC, and NFT, and offer the opportunity of on/off chain and traditional finance/non-financial assets; NFT fractional, e-sports, artwork likes, value fluctuation.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | PERI | Market Cap | 554960.97 |
| Name | PERI Finance | White Paper | -- |
| Web Site | https://www.pynths.com | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 20000000 | |
| Supply | 20000000 | Release Date | 2021-05-11 |
| Available Supply | 13502700 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.0417 | 0.0417 | 0.0396 | 0.0411 | 74.647975 |
| 2024-12-31 | 0.0487 | 0.0515 | 0.0369 | 0.042 | 4010.1520234 |
| 2024-12-30 | 0.0522 | 0.0654 | 0.0441 | 0.0473 | 6619.7251736 |
| 2024-12-29 | 0.064 | 0.0684 | 0.0518 | 0.0518 | 3485.76188 |
| 2024-12-28 | 0.0662 | 0.0718 | 0.057 | 0.0646 | 1683.4981964 |
| 2024-12-27 | 0.0683 | 0.075 | 0.0624 | 0.0687 | 809.861193 |
| 2024-12-26 | 0.0719 | 0.0776 | 0.0653 | 0.0746 | 1358.870925 |
| 2024-12-25 | 0.0697 | 0.0794 | 0.068 | 0.0712 | 563.548505 |
| 2024-12-24 | 0.0685 | 0.0793 | 0.0676 | 0.0705 | 425.88791 |
| 2024-12-23 | 0.0721 | 0.0796 | 0.0665 | 0.0754 | 1439.631623 |
| 2024-12-22 | 0.07 | 0.0846 | 0.0652 | 0.074 | 1724.178519 |
| 2024-12-21 | 0.0771 | 0.0794 | 0.0667 | 0.073 | 580.855149 |
| 2024-12-20 | 0.0694 | 0.0781 | 0.0649 | 0.0756 | 1461.373705 |
| 2024-12-19 | 0.0749 | 0.0751 | 0.0667 | 0.0691 | 1153.417611 |
| 2024-12-18 | 0.081 | 0.0846 | 0.0707 | 0.076 | 3669.452076 |
| 2024-12-17 | 0.0806 | 0.085 | 0.0717 | 0.0804 | 9504.362247 |
| 2024-12-16 | 0.0813 | 0.0876 | 0.076 | 0.0806 | 1557.013322 |
| 2024-12-15 | 0.0802 | 0.0961 | 0.0761 | 0.0807 | 1201.255296 |
| 2024-12-14 | 0.0909 | 0.095 | 0.0717 | 0.0818 | 2179.42759 |
| 2024-12-13 | 0.0878 | 0.102 | 0.0811 | 0.0954 | 802.775419 |
| 2024-12-12 | 0.0908 | 0.0947 | 0.0832 | 0.0869 | 267.428582 |
| 2024-12-11 | 0.085 | 0.0955 | 0.0812 | 0.088 | 1131.871809 |
| 2024-12-10 | 0.0905 | 0.0995 | 0.0782 | 0.086 | 2891.865436 |
| 2024-12-09 | 0.1002 | 0.1072 | 0.088 | 0.0908 | 3473.638022 |
| 2024-12-08 | 0.1028 | 0.1087 | 0.0969 | 0.0969 | 1748.581879 |
| 2024-12-07 | 0.1149 | 0.1157 | 0.0999 | 0.1027 | 3272.527278 |
| 2024-12-06 | 0.1167 | 0.1198 | 0.1059 | 0.1156 | 3530.112513 |
| 2024-12-05 | 0.109 | 0.1272 | 0.0969 | 0.1175 | 8097.087773 |
| 2024-12-04 | 0.0949 | 0.119 | 0.082 | 0.1109 | 3182.255458 |
| 2024-12-03 | 0.0905 | 0.0967 | 0.0857 | 0.0953 | 1295.97741 |
2.2 Analysis
The recent price action displays a strong upward trend from December 4th, culminating in a peak around December 7th. Subsequent price movements indicate a period of consolidation and potential correction, with volatility increasing around the turn of the year. While short-term fluctuations are expected, the overall longer-term trend remains cautiously bullish, subject to further market developments and external factors. A sustained break below the support level established in early December would signal a shift to bearish momentum.
