RING
Fundamental Analysis
Introduce
DARWINIA network project is an open cross-chain bridge protocol based on Substrate, Darwinia focuses on the construction of future Internet of Tokens, including decentralized tokens swap, exchange and market, to encourage users to make long term commitments and pledge, users can choose to lock RING for 3 - 36 months in the process of Staking, and the system will offer a KTON token as reward for users participating in Staking.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | RING | Market Cap | 3676272.38 |
| Name | DarwiniaRing | White Paper | -- |
| Web Site | https://darwinia.network/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 10000000000 | |
| Supply | 10000000000 | Release Date | |
| Available Supply | 1628110000 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 0.0022 | 0.002283 | 0.0022 | 0.002258 | 224.431019 |
| 2024-12-30 | 0.002183 | 0.002217 | 0.002183 | 0.0022 | 222.7234707 |
| 2024-12-29 | 0.002162 | 0.002275 | 0.002001 | 0.002227 | 1991.8432858 |
| 2024-12-28 | 0.002135 | 0.002223 | 0.002048 | 0.002162 | 1205.0705595 |
| 2024-12-27 | 0.002156 | 0.002302 | 0.002061 | 0.002119 | 641.8917265 |
| 2024-12-26 | 0.00226 | 0.002362 | 0.002115 | 0.002152 | 2530.9929452 |
| 2024-12-25 | 0.002407 | 0.002558 | 0.00226 | 0.00226 | 1150.6557101 |
| 2024-12-24 | 0.002269 | 0.0028 | 0.002268 | 0.002372 | 1475.1776597 |
| 2024-12-23 | 0.002181 | 0.002308 | 0.002149 | 0.002269 | 539.0610215 |
| 2024-12-22 | 0.002215 | 0.002308 | 0.002116 | 0.002175 | 954.4299048 |
| 2024-12-21 | 0.002339 | 0.002483 | 0.002211 | 0.002334 | 1226.8047957 |
| 2024-12-20 | 0.00227 | 0.0025 | 0.002099 | 0.002415 | 1109.3339252 |
| 2024-12-19 | 0.002385 | 0.002488 | 0.002306 | 0.002336 | 554.4701205 |
| 2024-12-18 | 0.002584 | 0.002999 | 0.00238 | 0.00244 | 1098.324235 |
| 2024-12-17 | 0.002638 | 0.002706 | 0.002566 | 0.00266 | 606.8681309 |
| 2024-12-16 | 0.002578 | 0.002714 | 0.002502 | 0.002643 | 1696.6196386 |
| 2024-12-15 | 0.002563 | 0.002689 | 0.002417 | 0.002578 | 2755.987721 |
| 2024-12-14 | 0.002562 | 0.00295 | 0.002414 | 0.002563 | 4270.028705 |
| 2024-12-13 | 0.002497 | 0.002654 | 0.002388 | 0.002495 | 3617.4121615 |
| 2024-12-12 | 0.00253 | 0.002653 | 0.002359 | 0.00247 | 727.0246479 |
| 2024-12-11 | 0.00248 | 0.002532 | 0.002307 | 0.002532 | 849.6566408 |
| 2024-12-10 | 0.002465 | 0.002549 | 0.002219 | 0.002389 | 2231.2915009 |
| 2024-12-09 | 0.0027 | 0.002949 | 0.00233 | 0.002437 | 1674.7298872 |
| 2024-12-08 | 0.002849 | 0.002849 | 0.002686 | 0.0027 | 1097.2970255 |
| 2024-12-07 | 0.002872 | 0.002902 | 0.002703 | 0.002849 | 2371.9083901 |
| 2024-12-06 | 0.002752 | 0.002962 | 0.002653 | 0.002762 | 3732.5871773 |
| 2024-12-05 | 0.002699 | 0.003657 | 0.002641 | 0.00266 | 2878.8930744 |
| 2024-12-04 | 0.002385 | 0.00273 | 0.002216 | 0.002705 | 3534.1954365 |
| 2024-12-03 | 0.002522 | 0.002608 | 0.00238 | 0.002405 | 1808.0176239 |
| 2024-12-02 | 0.002484 | 0.00288 | 0.002325 | 0.002439 | 4304.6886655 |
Analysis
The observed 30-day period presents a volatile market with alternating periods of upward and downward price movements. Initial price fluctuations, characterized by high volume spikes and subsequent retracements, indicate high trading activity and uncertainty. A general downward trend is discernible in the second half of the period, from the highs around 0.0029 to a consolidation in the 0.0021 to 0.0023 range. Recent days show a possible stabilization with decreasing volume, suggesting a potential weakening of downward pressure. However, the last three days display a slight upward push. The current volatility suggests cautious optimism, with the possibility of either a continuation of the downtrend or a breakout depending on market sentiment and future volume changes. Overall market trend is unclear with no significant directional movement.
