1. Fundamental Analysis

1.1 Introduce

SwanChain, initiated in 2021, is the first AI SuperChain for decentralized AI computing. Utilizing OP superchain technology, it pioneers in merging Web3 with AI by providing comprehensive solutions across storage, computing, bandwidth, and payments. By tapping into underutilized computing power across a network of community data centers, its integration facilitates a significant reduction in computing costs by up to 70% while enabling the monetization of dormant computing assets. Through innovative marketplaces for decentralized storage, AI, and AI agents, alongside the efficiency of toolsets for AI model deployment, SwanChain makes AI development seamless and affordable.

1.2 Basic Info

NameValueNameValue
SymbolSWANMarket Cap8263360
NameSwan ChainWhite Paper--
Web Sitehttps://www.swanchain.ioIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://swanscan.ioAlgorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date2024-12-16
Available Supply98000000

2. Technical Analysis

2.1 Kline Data

DateOpenHighLowCloseVolumn
2025-01-010.077750.085710.077730.08316295.9045958
2024-12-310.077150.083350.076840.0784760014.1783178
2024-12-300.089070.093590.075940.07773130222.2328722
2024-12-290.079840.0970.07980.08887161923.306584
2024-12-280.079540.091840.072910.07994204012.5987642
2024-12-270.083490.104250.077010.079374085.8567465
2024-12-260.066840.11340.066840.08349500946.485842
2024-12-250.0610.075910.060120.06684127216.7950294
2024-12-240.069830.071320.059840.061103726.9330956
2024-12-230.0590.070240.052710.06981174737.2610925
2024-12-220.067420.075020.057850.0587108460.9671756
2024-12-210.078790.089010.06510.06706193797.6640354
2024-12-200.060350.092110.057550.07755465561.4179631
2024-12-190.069430.072280.05510.06036377653.6899206
2024-12-180.08480.107220.066780.06992565155.170129
2024-12-170.2220.223070.08350.085132996187.5520974
2024-12-160.10.39390.10.222923798173.8121632

2.2 Analysis

The recent price action shows a highly volatile period followed by a consolidation and potential upward trend. Short-term price movements are unpredictable due to high volatility, but a sustained break above the recent highs suggests a stronger bullish momentum. However, significant support levels need to be monitored for potential reversals. The overall trend remains uncertain, requiring close observation of volume and price action for confirmation of any significant directional change. Continued volatility is expected.

3. News Analysis

3.1 News

  • 20241216

    • Swan Chain will hold TGE and open token trading at 11pm on December 16th ↑
  • 20241206

    • Swan Chain will launch SWAN token TGE on December 16 ↑

3.2 Analysis

Conclusion: Swan Chain s highly anticipated Token Generation Event (TGE) and subsequent open trading of the SWAN token are scheduled for December 16th, 2024, at 11 pm. Initial announcements regarding the TGE date were made approximately ten days prior to the event. This suggests a relatively short marketing and pre-launch period, possibly indicating either high confidence in the project or a need for rapid market entry. The limited lead time may also result in higher volatility during and immediately following the TGE, necessitating careful risk assessment for investors. Post-TGE, market performance will depend heavily on factors such as pre-sale participation levels, initial trading volume, and wider macroeconomic conditions. Sustained community engagement and project development updates will be crucial for long-term token success. Short-term price fluctuations are expected, with potential for significant gains or losses depending on market sentiment and trading activity. A sustained, positive trajectory hinges on the project’s ability to deliver on its stated goals and maintain market interest beyond the initial hype.