SHARE
Fundamental Analysis
Introduce
Dollar Protocol is a 2 token protocol comprising of Dollars and Shares. Dollars will be the object of stabilization and Shares will be the instrument to speculate in and govern in the network.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | SHARE | Market Cap | 104274.9464 |
| Name | Seigniorage Shares | White Paper | -- |
| Web Site | https://dollarprotocol.com | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 21000000 | |
| Supply | 21000000 | Release Date | 2020-09-04 |
| Available Supply | 19403600 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 0.005374 | 0.005374 | 0.005374 | 0.005374 | 0.0 |
| 2024-12-30 | 0.005374 | 0.005374 | 0.005374 | 0.005374 | 1.8599414 |
| 2024-12-29 | 0.00548 | 0.005531 | 0.005312 | 0.005312 | 36.6957421 |
| 2024-12-28 | 0.005267 | 0.005267 | 0.005267 | 0.005267 | 0.0 |
| 2024-12-27 | 0.005121 | 0.005747 | 0.005121 | 0.005267 | 109.2168798 |
| 2024-12-26 | 0.005017 | 0.005017 | 0.00457 | 0.005017 | 61.61104 |
| 2024-12-25 | 0.005203 | 0.005373 | 0.005017 | 0.005176 | 19.3772955 |
| 2024-12-24 | 0.005344 | 0.005671 | 0.004894 | 0.005203 | 158.8203385 |
| 2024-12-23 | 0.005401 | 0.005401 | 0.005401 | 0.005401 | 4.3899328 |
| 2024-12-22 | 0.004832 | 0.0049 | 0.004832 | 0.0049 | 4.8745296 |
| 2024-12-21 | 0.005207 | 0.005225 | 0.005098 | 0.005098 | 19.7544843 |
| 2024-12-20 | 0.00504 | 0.00553 | 0.004666 | 0.005207 | 127.8402125 |
| 2024-12-19 | 0.005352 | 0.00599 | 0.00501 | 0.00501 | 96.029998 |
| 2024-12-18 | 0.00629 | 0.006499 | 0.005521 | 0.005521 | 563.9165223 |
| 2024-12-17 | 0.006097 | 0.0065 | 0.006006 | 0.0065 | 271.2688097 |
| 2024-12-16 | 0.006405 | 0.006499 | 0.006094 | 0.006097 | 61.2083773 |
| 2024-12-15 | 0.006009 | 0.006032 | 0.006009 | 0.006031 | 61.2180318 |
| 2024-12-14 | 0.006002 | 0.006007 | 0.006002 | 0.006007 | 21.5072321 |
| 2024-12-13 | 0.0056 | 0.006408 | 0.0056 | 0.006408 | 102.2109875 |
| 2024-12-12 | 0.005699 | 0.005699 | 0.005699 | 0.005699 | 25.6318224 |
| 2024-12-11 | 0.00536 | 0.005707 | 0.00536 | 0.005699 | 18.1437606 |
| 2024-12-10 | 0.005784 | 0.005784 | 0.005254 | 0.005254 | 82.7562814 |
| 2024-12-09 | 0.006182 | 0.006182 | 0.005747 | 0.005747 | 104.5535524 |
| 2024-12-08 | 0.0065 | 0.006546 | 0.006084 | 0.006084 | 31.216679 |
| 2024-12-07 | 0.00657 | 0.006626 | 0.005832 | 0.005965 | 459.4775904 |
| 2024-12-06 | 0.006314 | 0.006574 | 0.005856 | 0.006574 | 445.7615471 |
| 2024-12-05 | 0.005691 | 0.006197 | 0.005691 | 0.005809 | 158.0672628 |
| 2024-12-04 | 0.005849 | 0.006295 | 0.005378 | 0.005697 | 392.2783465 |
| 2024-12-03 | 0.00584 | 0.005855 | 0.005351 | 0.00541 | 314.0950976 |
| 2024-12-02 | 0.005245 | 0.005861 | 0.005245 | 0.005855 | 659.381508 |
Analysis
The data reveals a volatile period characterized by sharp price fluctuations and varying trading volumes. The initial half of the period shows higher volatility with significant price swings. December 18th stands out with high volume and a price drop followed by a spike on December 17th. A downward trend is visible during the period with the price decreasing gradually. The trading volume fluctuates, with occasional spikes on days with large price swings. The final days of the period show very low volatility and volume. The price has stabilized around the 0.0053 level after a significant decline. Given the recent stability and low volume, the market is indecisive. The probability of further decline is slightly higher than upward movement. Further price consolidation or trend continuation is anticipated. The recent flat movement and low volume may indicate a potential breakout in either direction. It appears that the asset has experienced a bearish trend in the past month, but the recent data is too limited to make an accurate future trend prediction.
