QUBIC
1. Fundamental Analysis
1.1 Introduce
Qubic is pioneering AI technology by integrating its Layer 1 Useful Proof of Work (uPoW) network with an open-source AI framework. This robust platform supports feeless transactions and features high-speed smart contracts, capable of processing up to 40 million transactions per second (TPS), underpinned by a quorum-based consensus mechanism. Founded by Sergey Ivancheglo, known as come-from-beyond and a co-founder of IOTA and NXT, Qubic leverages extensive CPU and GPU resources through AI miners. Our goal is to democratize access to Artificial General Intelligence (AGI), redefining the role of AI in everyday technology.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | QUBIC | Market Cap | 317472650.11652 |
| Name | QUBIC | White Paper | -- |
| Web Site | https://qubic.org/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.qubic.org/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000000000 | |
| Supply | 1000000000000000 | Release Date | 2023-11-14 |
| Available Supply | 111683898584577 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
Bearish trend confirmed. Price continues to consolidate below significant resistance. Expect further downside potential towards 2.7e-06 support level. Break below this level could trigger accelerated decline. Potential for short-term rebound towards 3.0e-06, but overall bias remains negative. Monitor volume for confirmation of any significant moves. High volatility expected.
