Fundamental Analysis

Introduce

Saito is an open network layer that delivers web3 to users. Applications on Saito can run without closed plugins, private APIs and non-open infrastructure. Saito runs without an owner while funding the nodes that provide routing and user infrastructure for its own network and other public blockchains. All this is powered by an entirely new blockchain design - Saito consensus.

BasicInfo

NameValueNameValue
SymbolSAITOMarket Cap15402000
NameSaitoWhite Paper--
Web Sitehttps://saito.ioIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total3000000000
Supply3000000000Release Date
Available Supply3000000000

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.0051350.0051590.0050560.005134793.5058101
2024-12-300.0051340.0052320.005070.0051352489.3533828
2024-12-290.0051830.0051920.005030.0051342727.1145877
2024-12-280.0051790.005220.0051490.0051942951.0227947
2024-12-270.0052920.0053450.0051610.0051912955.4524329
2024-12-260.0054740.0055120.0052430.0052712351.8807201
2024-12-250.0054960.0055430.0054420.0054642706.5596332
2024-12-240.0053890.0055340.005310.0055349788.4217967
2024-12-230.005220.0054210.0051860.0053856829.8253376
2024-12-220.0053670.005440.0051590.0052222857.8252254
2024-12-210.0053790.005650.0053670.00536811725.0390698
2024-12-200.0054030.0054150.0050.0053799157.5042453
2024-12-190.0055930.0060020.0052480.00542711917.1549521
2024-12-180.0059010.0059440.0055730.00557323853.7535614
2024-12-170.0061030.0061170.0058960.005910108.005854
2024-12-160.0057920.0061530.0057920.00610223519.4186676
2024-12-150.0057510.0058170.0057120.0057923193.6398479
2024-12-140.0058670.0059170.0057380.0057382849.5693766
2024-12-130.0058530.0059620.0058180.0058553448.0149217
2024-12-120.0058460.0059990.0058070.0058439612.131387
2024-12-110.0055220.0058870.0054560.00584615210.9263791
2024-12-100.0056940.0057570.0053290.0055228852.8796693
2024-12-090.0060280.0060280.0055840.0056968071.1917585
2024-12-080.0060.0060310.0058540.0060284850.5045805
2024-12-070.0061070.0061140.0059380.00600314541.3021215
2024-12-060.005910.0062280.005910.00610713931.0193949
2024-12-050.0062090.0064020.0057660.0059128992.0854663
2024-12-040.0060170.0062940.0060050.00621615179.4542164
2024-12-030.0060770.0062540.0059640.0060177047.3059612
2024-12-020.0061060.0062260.0058040.00622618030.1831192

Analysis

The asset has shown a downtrend over the past 30 days with some periods of consolidation and volatility. Recent price action indicates a potential stabilization near 0.0051 level after a significant drop. Trading volume has fluctuated significantly, with high volumes accompanying price reversals, particularly during the mid-month downtrend and recent stabilization. There is a possible short-term bearish signal given the recent price consolidation below a key resistance level, but the downtrend’s momentum has decreased noticeably. A more sustained price increase would need a significant volume increase to confirm a trend reversal.