Fundamental Analysis

Introduce

Spherium offers a complete suite of financial services comprising of a universal wallet, token swap platform, money markets, and inter-blockchain liquidity transfer. Spherium will function as a global financial service provider, extending fundamental financial services to the unbanked.HyperSwap: Decentralized Asset Swap based on an automated market-making mechanismSphereComp: Decentralized money markets where investors can lend or borrow digital assets with interest rates determined by the law of supply and demandSpherium Wallet: Decentralized and Secure Wallet for Spherium products and ServicesSpherium provides a single platform for multi-asset, cross-chain swaps, crypto financing solutions, and cross-chain operability. Spherium introduces user-friendly interfaces, sophisticated financial services to the world of DeFi.Spherium is a leading fintech platform in the Decentralised Financial sector. Spherium unifies the current scattered DeFi landscape by creating a suite of financial services for a global audience.

BasicInfo

NameValueNameValue
SymbolSPHRIMarket Cap58540.235798
NameSpheriumWhite Paper--
Web Sitehttps://spherium.financeIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total100000000
Supply100000000Release Date2015-11-01
Available Supply21689602

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.0024990.0026990.002270.002699496.9064135
2024-12-300.0025730.0025910.0024630.00259190.7563502
2024-12-290.0027040.0027040.0025780.00257834.2837207
2024-12-280.0025210.0027040.0025210.00270455.7786685
2024-12-270.0025110.0025110.002510.002513.2463299
2024-12-260.0026830.0027050.0025450.00254534.243298
2024-12-250.0025890.0026830.0025890.002624.2346008
2024-12-240.0025450.0025450.0025450.0025455.0999255
2024-12-230.0025910.0025910.0024540.00245414.7626703
2024-12-220.0026190.0026190.0026190.0026190.0
2024-12-210.0024620.002670.0024620.002619122.1478393
2024-12-200.0025450.0026370.0023610.002499292.242665
2024-12-190.0029120.0030490.0024990.002591609.9563087
2024-12-180.0032320.0032780.002860.00286295.4930737
2024-12-170.0032150.0032150.0031860.00318616.0234422
2024-12-160.0032780.0032780.0032320.00323213.3744612
2024-12-150.0030950.0033570.0030950.003357175.2651489
2024-12-140.0031410.0032780.0031030.00310352.9936019
2024-12-130.0030490.0033230.0030220.003078121.4127509
2024-12-120.0030490.003550.0029120.0031411050.9131636
2024-12-110.0028660.0031170.0028660.003117191.440982
2024-12-100.002740.002820.002740.0028224.4524724
2024-12-090.00270.00280.0025780.0028422.8655779
2024-12-080.0024550.00270.0024550.002637206.8848301
2024-12-070.0024990.0024990.0024990.0024996.959715
2024-12-060.002270.0024990.002270.002499268.1166758
2024-12-050.00220.0023160.0021770.002225261.5555658
2024-12-040.002270.002270.0021940.0022734.5388531
2024-12-030.0022250.002350.0021790.0023545.4432128
2024-12-020.002270.0023050.0022260.0022421.8878134

Analysis

The price has experienced high volatility with significant fluctuations over the past 30 days. Initial uptrend followed by a sharp decline, with a low point reached mid-period. Subsequent price recovery with mixed price action with no clear trend, the last few days has shown an upward trend with increasing volume. Overall, the trend is volatile, possibly indicating a lack of market consensus or a period of consolidation. Recent price action suggests a potential short-term bullish trend, but this needs to be confirmed with continued volume support. The overall price range for the period is relatively wide, indicating a higher degree of risk.