Fundamental Analysis

Introduce

bitSmiley, the first platform on the Bitcoin blockchain to offer a native lending and stablecoin fusion, encapsulated by our proprietary Fintegra technology, revolutionizing decentralized finance.

BasicInfo

NameValueNameValue
SymbolSMILEMarket Cap2224400
NamebitSmileyWhite Paper--
Web Sitehttps://www.bitsmiley.io/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total210000000
Supply210000000Release Date2024-11-06
Available Supply26800000

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.08510.09050.08170.082467697.998307
2024-12-300.09980.10030.08130.0849165120.464617
2024-12-290.10120.10390.09920.100519854.208421
2024-12-280.10660.1070.09890.100825846.008232
2024-12-270.11570.1160.10720.107235541.692108
2024-12-260.11370.1310.11180.1164130421.016023
2024-12-250.11850.12460.11190.112963942.265688
2024-12-240.12120.1230.11290.119756248.823626
2024-12-230.12480.12710.1110.122484146.040807
2024-12-220.11310.13640.10980.1238313519.30835
2024-12-210.10770.11750.10570.112358934.747277
2024-12-200.10990.11440.090.107229037.151514
2024-12-190.14750.14910.10490.1116176707.305214
2024-12-180.15040.15590.14170.146648567.587583
2024-12-170.14990.16340.14760.15172141.578387
2024-12-160.1530.16490.14670.1504223790.015082
2024-12-150.14930.16390.14720.1531121506.957795
2024-12-140.15270.15810.14730.149248663.797303
2024-12-130.15060.1590.14870.152970078.969513
2024-12-120.15470.16560.150.151287077.711899
2024-12-110.15240.1640.1470.154888823.433109
2024-12-100.15370.16090.14290.1526357164.397539
2024-12-090.17630.17630.14580.1537288217.400128
2024-12-080.17510.18110.16630.1754304737.945569
2024-12-070.17080.18010.16480.1751191148.372312
2024-12-060.16630.17620.16190.1713199556.754001
2024-12-050.16620.19210.160.1654409036.279354
2024-12-040.17560.17620.16060.1668309834.904433
2024-12-030.16250.17690.15440.1759396269.353306
2024-12-020.15970.16620.14810.1628220841.253618

Analysis

The price experienced a significant downtrend over the 30-day period, moving from a high around 0.17-0.18 at the beginning of the period to a low of 0.08 in recent days. The decline was not linear, with several rallies and consolidation periods. Initially, there was high trading volume during the first 10 days, followed by a period of decreased volume in the middle. The volume increased dramatically during the downtrend, particularly during the massive selloffs, with subsequent smaller rallies attempting to rebound. Recent volume has been inconsistent with slightly higher volume on the last day. The price is now near the bottom, suggesting the possibility of stabilization or reversal. A strong bearish trend is dominant. Overall, the market shows a transition from an unstable and volatile phase into a downtrend. Future price action will likely be greatly influenced by whether the bearish momentum continues or if a short-term or longer term reversal can form. Short-term trend is bearish.