Fundamental Analysis

Introduce

SubQuery Network is innovating web3 infrastructure with tools that empower builders to decentralize the future. SubQuery is a blockchain data indexer that provides fast, flexible, reliable, and decentralized APIs to power and build leading Web-3 apps to over 160 chains.As well as indexing, SubQuery is also a decentralized RPC service and introduced the SubQuery Data Node, designed to accelerate and scale dApp development. SubQuery’s mission is to build fast, reliable, and scalable web3 infrastructure, crucial for the next generation of decentralized applications.

BasicInfo

NameValueNameValue
SymbolSQTMarket Cap5048062.21272
NameSubquery NetworkWhite Paper--
Web Sitehttps://subquery.network/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total10010059082
Supply10010059082Release Date2024-02-24
Available Supply993713034

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.005130.00530.004970.0050823260.2758152
2024-12-300.005180.005370.005010.0051360794.6395493
2024-12-290.005270.005650.005060.0051866528.9528114
2024-12-280.005550.005760.005260.0052679969.7168341
2024-12-270.00520.005920.005010.00555131728.8340747
2024-12-260.00520.006250.005150.00518127975.8645523
2024-12-250.004980.005410.004880.0051945480.1696618
2024-12-240.004770.00510.004590.0049881357.1818854
2024-12-230.004560.005010.004480.0047785720.3499962
2024-12-220.00480.005040.004540.0045760144.295641
2024-12-210.005230.005430.004660.0047968556.4022583
2024-12-200.005190.00580.004480.00523187511.0027125
2024-12-190.005830.006250.004910.00519113623.6876798
2024-12-180.006740.006790.005720.00583109076.0305996
2024-12-170.007210.007410.006710.0067498669.684108
2024-12-160.007230.007720.00710.00721148407.0791005
2024-12-150.00720.00780.007040.00723207871.6710825
2024-12-140.007290.007690.007060.00721137533.952534
2024-12-130.00730.007860.006940.00729156850.4432161
2024-12-120.007420.008050.006960.0073222565.8864784
2024-12-110.00650.007970.006320.00743196178.0994381
2024-12-100.006230.007170.006180.00649300777.0226378
2024-12-090.007450.007540.006040.0062399665.5010641
2024-12-080.007710.008130.007240.00746189720.2858687
2024-12-070.007430.008350.007070.00772222558.2156527
2024-12-060.007190.009370.007010.00743455797.3385434
2024-12-050.00750.007870.007030.00719141374.6249616
2024-12-040.006830.008010.00660.0075140812.4860842
2024-12-030.006850.006930.006510.00683133125.7922772
2024-12-020.007080.007350.006490.00685184357.7547099

Analysis

The price experienced a significant downtrend from December 2nd to December 23rd, followed by a period of consolidation and minor recovery. Volume has generally decreased over the past 30 days, with a spike on December 6th, and a small increase on December 20th. The most recent days show low volume and minimal price movement. The overall trend suggests a potential stabilization after a period of decline, with no strong indication of an imminent reversal. Short term is expected to have a little increasing tendency.