SMT
Fundamental Analysis
Introduce
SMT (SmartMeshToken) is a virtual currency to be mainly used for circulation within the SmartMesh network. SmartMesh Network is a network infrastructure with each device acting as a data relay. Data packets hop through the best path to reach the intended destination. The SMT will be consumed to send data packets, while at the same time the relaying nodes in the mesh network earn SMT.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | SMT | Market Cap | 3719699.36 |
| Name | SmartMesh | White Paper | -- |
| Web Site | https://smartmesh.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://spectrum.pub/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 3141592653 | |
| Supply | 3141592653 | Release Date | 2017-12-14 |
| Available Supply | 1665040000 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 0.002151 | 0.00239 | 0.002082 | 0.002234 | 5562.0531757 |
| 2024-12-30 | 0.002296 | 0.00249 | 0.002167 | 0.002167 | 10751.7207705 |
| 2024-12-29 | 0.00258 | 0.002741 | 0.002112 | 0.00227 | 2614.786328 |
| 2024-12-28 | 0.002535 | 0.002625 | 0.002513 | 0.002559 | 2148.3286053 |
| 2024-12-27 | 0.002533 | 0.002587 | 0.002383 | 0.002586 | 4734.7499743 |
| 2024-12-26 | 0.00272 | 0.002828 | 0.002447 | 0.002593 | 1608.644665 |
| 2024-12-25 | 0.002813 | 0.002813 | 0.00269 | 0.002707 | 1846.4099577 |
| 2024-12-24 | 0.002685 | 0.002912 | 0.002676 | 0.002852 | 982.5978904 |
| 2024-12-23 | 0.00245 | 0.002749 | 0.002446 | 0.002692 | 2724.6841141 |
| 2024-12-22 | 0.002626 | 0.00266 | 0.002299 | 0.002447 | 4080.133034 |
| 2024-12-21 | 0.002627 | 0.002743 | 0.0026 | 0.002626 | 1258.1530525 |
| 2024-12-20 | 0.002822 | 0.002986 | 0.0022 | 0.002641 | 10086.9936804 |
| 2024-12-19 | 0.003034 | 0.00331 | 0.00282 | 0.002823 | 14124.4026965 |
| 2024-12-18 | 0.003113 | 0.003299 | 0.003034 | 0.003085 | 6561.8235368 |
| 2024-12-17 | 0.003032 | 0.003296 | 0.003032 | 0.003117 | 4178.570151 |
| 2024-12-16 | 0.003133 | 0.003198 | 0.002977 | 0.003059 | 7636.1404724 |
| 2024-12-15 | 0.003012 | 0.003198 | 0.002976 | 0.003133 | 4840.6772407 |
| 2024-12-14 | 0.002884 | 0.003 | 0.00282 | 0.003 | 4602.5116276 |
| 2024-12-13 | 0.002606 | 0.002888 | 0.00252 | 0.002822 | 11324.9080445 |
| 2024-12-12 | 0.002617 | 0.002654 | 0.002522 | 0.002606 | 6952.3620662 |
| 2024-12-11 | 0.002487 | 0.002827 | 0.002438 | 0.002628 | 15298.2277502 |
| 2024-12-10 | 0.00253 | 0.002799 | 0.002359 | 0.002404 | 17230.6306209 |
| 2024-12-09 | 0.002745 | 0.002748 | 0.00253 | 0.00253 | 7909.03031565 |
| 2024-12-08 | 0.002545 | 0.00275 | 0.002516 | 0.002748 | 6889.2575236 |
| 2024-12-07 | 0.002492 | 0.002655 | 0.002492 | 0.002521 | 5350.9858807 |
| 2024-12-06 | 0.002587 | 0.002654 | 0.002453 | 0.002477 | 7331.8084888 |
| 2024-12-05 | 0.00245 | 0.0029 | 0.002317 | 0.002515 | 9446.7526743 |
| 2024-12-04 | 0.002288 | 0.0026 | 0.002227 | 0.002448 | 15337.5665716 |
| 2024-12-03 | 0.0023 | 0.0024 | 0.0021 | 0.002229 | 24163.2493795 |
| 2024-12-02 | 0.002362 | 0.002362 | 0.002044 | 0.002308 | 9773.9184464 |
Analysis
The asset experienced significant volatility throughout the 30-day period. A downtrend is evident from mid-December, reaching a low near the end of the period. Recent price action indicates a possible short-term stabilization, but the overall trend remains bearish. Volume fluctuated greatly with peaks suggesting periods of strong buying or selling pressure. There was a notable drop in price and subsequent fluctuation with high volume mid-December, indicating a major shift in market sentiment. A lack of sustained upward momentum suggests a continued risk of downward price movement. The most recent data point shows price near the low end of the 30-day range, with low volume and a small body candle indicating indecision in the market. This could suggest a potential reversal, but further confirmation is required. The last few days show a consolidation pattern with decreasing volume, indicating traders are waiting for a clear direction.
