1. Fundamental Analysis

1.1 Introduce

Sway Protocol introduces a web3 proxy for social capital, helping NFT projects and individual wallets establish trust, reputation and goodwill through staking and rewards distribution.

1.2 Basic Info

NameValueNameValue
SymbolSWAYMarket Cap75882.418
NameSway ProtocolWhite Paper--
Web Sitehttps://swayprotocol.orgIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://polygonscan.com/Algorithm--
Forum--Proof--
Mining Total200000000
Supply200000000Release Date2021-10-12
Available Supply49434800

2. Technical Analysis

2.1 Kline Data

DateOpenHighLowCloseVolumn
2025-01-010.0015350.0015360.0015350.0015352814.678919
2024-12-310.001540.0015410.0015250.00153513017.26416
2024-12-300.0015630.0015670.0015390.0015415450.398891
2024-12-290.0015640.0015660.0015610.00156215439.202164
2024-12-280.0015620.0015670.0015590.00156515796.079227
2024-12-270.0015640.0015650.0015580.00156215399.480495
2024-12-260.001590.0015940.0015630.00156316060.698868
2024-12-250.0015770.0015950.0015710.00159113854.001874
2024-12-240.0015960.00160.001570.00157515840.742262
2024-12-230.0015960.0016010.0015930.00159715410.464314
2024-12-220.0016190.0016210.001580.00159910577.718533
2024-12-210.0016160.0016490.0016070.00161913260.244473
2024-12-200.0016210.0016230.0016160.00161612535.859604
2024-12-190.0018710.0018720.001620.00162116854.780444
2024-12-180.0016930.00260.001690.00189416889.543651
2024-12-170.0016930.0016960.001690.00169315970.508493
2024-12-160.0016740.0019290.0016720.00169414315.970853
2024-12-150.0016970.0016990.0016710.00167515662.696364
2024-12-140.0016990.00170.0016950.00169715744.634992
2024-12-130.0016630.0017210.0016380.00169616030.899846
2024-12-120.0016420.00170.001620.00166516318.062863
2024-12-110.0016480.0016510.0016350.00164315845.842059
2024-12-100.0016490.0016490.0016480.00164841.871633
2024-12-090.0017610.0017620.0016480.00164912228.512385
2024-12-080.0017210.0017720.0017210.0017629012.598578
2024-12-070.0016730.001720.0016720.0017211950.278576
2024-12-060.0016670.0016840.0016370.00167616511.230622
2024-12-050.0016170.001680.0016130.00166715800.513224
2024-12-040.0016340.0016350.0016070.00161716024.992271
2024-12-030.0016180.0016380.0016130.00163612907.730067

2.2 Analysis

The 30-day OHLCV data reveals a period of consolidation followed by a significant price increase, culminating in a subsequent pullback and recent stabilization within a narrower trading range. Short-term price movements suggest a potential sideways trend in the near future, with limited upside potential. However, longer-term prospects depend on broader market conditions and any catalyst influencing investor sentiment. Sustained volume increases accompanying future price movements should be closely monitored.