PlaceWar (PLACE)
1. Fundamental Analysis
1.1 Introduce
PlaceWar is a strategic play-to-earn social game universe deployed on multi-chain with highly engaging artillery gameplay that encourages players to create and define the outlook of the in-game world through building, battles and alliance. Inspired by Worm and r/place, PlaceWar creates a gamified and open Internet culture metaverse and puts users in control. You are guaranteed with a gaming experience that you ve never seen before in any other Play-To-Earn games. We integrate battle and creation, and we make sure there is an incentive mechanism to support them both.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | PLACE | Market Cap | 1847.8571059 |
| Name | PlaceWar | White Paper | -- |
| Web Site | https://www.placewar.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://bscscan.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2022-01-02 |
| Available Supply | 35714285 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 5.174e-05 | 5.174e-05 | 5.174e-05 | 5.174e-05 | 0.0 |
| 2024-12-31 | 5.405e-05 | 5.405e-05 | 5.174e-05 | 5.174e-05 | 257.23564402 |
| 2024-12-30 | 6.053e-05 | 6.053e-05 | 6.053e-05 | 6.053e-05 | 299.9999966 |
| 2024-12-29 | 6.053e-05 | 6.053e-05 | 6.053e-05 | 6.053e-05 | 1.61427457 |
| 2024-12-28 | 5.6e-05 | 6.055e-05 | 5.025e-05 | 6.055e-05 | 5.4679028 |
| 2024-12-27 | 5.481e-05 | 5.481e-05 | 5.481e-05 | 5.481e-05 | 2.97042795 |
| 2024-12-26 | 5.025e-05 | 5.481e-05 | 5.025e-05 | 5.481e-05 | 37.21997759 |
| 2024-12-25 | 5.2e-05 | 5.5e-05 | 5.025e-05 | 5.025e-05 | 45.98803962 |
| 2024-12-24 | 5.416e-05 | 6.072e-05 | 5.1e-05 | 5.477e-05 | 116.06392856 |
| 2024-12-23 | 5.4e-05 | 5.4e-05 | 5.4e-05 | 5.4e-05 | 0.0 |
| 2024-12-22 | 5.39e-05 | 5.4e-05 | 5.39e-05 | 5.4e-05 | 82.9626182 |
| 2024-12-21 | 5e-05 | 5.8e-05 | 5e-05 | 5.02e-05 | 226.4168211 |
| 2024-12-20 | 5.2e-05 | 5.7e-05 | 5.2e-05 | 5.615e-05 | 109.68097145 |
| 2024-12-19 | 5.301e-05 | 5.599e-05 | 5.301e-05 | 5.599e-05 | 97.70392893 |
| 2024-12-18 | 5.599e-05 | 5.599e-05 | 5.301e-05 | 5.301e-05 | 31.70296598 |
| 2024-12-17 | 5.699e-05 | 5.699e-05 | 5.301e-05 | 5.301e-05 | 48.70894654 |
| 2024-12-16 | 5.745e-05 | 5.78e-05 | 5.301e-05 | 5.301e-05 | 50.85106896 |
| 2024-12-15 | 5.31e-05 | 5.31e-05 | 5.302e-05 | 5.302e-05 | 5.88051428 |
| 2024-12-14 | 5.647e-05 | 5.647e-05 | 5.647e-05 | 5.647e-05 | 0.0 |
| 2024-12-13 | 6.078e-05 | 6.078e-05 | 5.426e-05 | 5.647e-05 | 24.07868932 |
| 2024-12-12 | 6.097e-05 | 6.097e-05 | 5.554e-05 | 5.554e-05 | 208.34839232 |
| 2024-12-11 | 5.75e-05 | 6.097e-05 | 5.391e-05 | 6.097e-05 | 274.59343478 |
| 2024-12-10 | 6.117e-05 | 6.288e-05 | 5.5e-05 | 5.5e-05 | 108.95617712 |
| 2024-12-09 | 6.133e-05 | 7.737e-05 | 5.696e-05 | 5.769e-05 | 1161.38278364 |
| 2024-12-08 | 6.252e-05 | 6.315e-05 | 5.589e-05 | 6.134e-05 | 296.04214442 |
| 2024-12-07 | 6.3e-05 | 6.3e-05 | 5.76e-05 | 6.258e-05 | 70.92522522 |
| 2024-12-06 | 6.012e-05 | 6.3e-05 | 5.673e-05 | 6.3e-05 | 282.26210541 |
| 2024-12-05 | 5.997e-05 | 5.997e-05 | 5.218e-05 | 5.887e-05 | 339.33382794 |
| 2024-12-04 | 5.512e-05 | 5.997e-05 | 5.51e-05 | 5.997e-05 | 40.81388737 |
| 2024-12-03 | 5.682e-05 | 5.997e-05 | 5.565e-05 | 5.997e-05 | 228.0823749 |
2.2 Analysis
The recent price action shows a period of consolidation followed by a notable upward trend, culminating in a significant surge in volume around December 9th 2024. Subsequent price movement suggests a potential short-term correction, but the overall trend remains bullish with further upside potential. However, the extremely low volume on several days warrants caution and further investigation into potential market manipulation or thin liquidity. Sustained trading above the 6.0e-05 level would strongly confirm the bullish outlook, while a break below 5.5e-05 would suggest a more significant correction is underway. Monitoring volume closely is crucial for accurate prediction of near-term direction.
