Fundamental Analysis

Introduce

Marnotaur is a liquidity protocol that allows traders, liquidity providers, farmers and liquidity keepers to multiply their gains on the DeFi market. The protocol is compatible with different blockchains and other protocols and provides access to a list of allowed pools on the most popular decentralized exchanges (Uniswap, SushiSwap, 1inch).The Marnotaur platform is created for everyone and this is one of their main advantages. People with large capital who do not want to take great risks can become one of their liquidity providers. Conversely, users who enter the market with low capital can exit with a solid profit.The Marnotaur team is building a user-friendly platform with pretty unique features inside - gas & capital efficiency, distribution of liquidation fees, permissionless pools and of course, there is under-collateralized marginal trading.Marnotaur also offers its users up to 10x leverage, acting not just as an instrument for opening short and long positions but as a loan for farming as well.

BasicInfo

NameValueNameValue
SymbolTAURMarket Cap6179.25
NameMarnotaurWhite Paper--
Web Sitehttps://marnotaur.comIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total150000000
Supply150000000Release Date
Available Supply10500000

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.00057850.00058850.00054110.0005885463.9219861
2024-12-300.00064620.00066670.0005410.00055952239.0811016
2024-12-290.00074750.00169950.00050370.00064628571.3353784
2024-12-280.00072240.00072240.00070950.000722412.8625642
2024-12-270.00072240.00072240.00072240.00072242.3059008
2024-12-260.00075520.00075520.0006880.000722482.9230348
2024-12-250.00075520.00075520.00075520.00075520.0
2024-12-240.00074760.00075520.00074760.00075527.0805248
2024-12-230.000730.000730.000730.0007363.47131
2024-12-220.00077070.00077070.000730.00073148.4260527
2024-12-210.00077960.00077960.00075550.000755540.4674434
2024-12-200.00076810.00080370.00075560.0008037106.8178034
2024-12-190.00081260.00081260.00075560.0007556399.0022068
2024-12-180.00081540.00081540.00081540.00081540.9996804
2024-12-170.00075520.00081910.00070950.0008191117.1726565
2024-12-160.00093120.00095670.00070660.0007552652.7675995
2024-12-150.00080.00096650.00080.0009057699.9211999
2024-12-140.000780.00080370.00077760.0008035120.6951238
2024-12-130.00077190.0008290.00077190.00082942.9736813
2024-12-120.00077890.00078290.00077890.000782933.1491401
2024-12-110.00067920.00078290.00067920.000755242.9379589
2024-12-100.00082910.00084360.00066670.0006878285.584554
2024-12-090.00085540.000860.00075620.0008291223.3578492
2024-12-080.00080370.00084410.00080370.000803713.4739691
2024-12-070.00077910.00085990.00075530.0008037209.4686577
2024-12-060.00081940.00085990.000690.000779479.28197
2024-12-050.000740.00085990.00073890.0007795384.7151643
2024-12-040.00074230.00077790.00073890.0007777345.5779364
2024-12-030.0007930.0007930.00074230.0007423133.6580913
2024-12-020.0008290.00085530.0007810.00078162.7716485

Analysis

The data indicates a period of high volatility with significant price swings, particularly evident on 2024-12-29, followed by a downward trend. Trading volume is inconsistent, with spikes associated with price fluctuations. The last few days show a slight upward movement, but it’s not strongly supported by volume. Recent prices have generally stayed below the peaks of mid-December, indicating resistance levels. The initial decline was sharp, followed by a consolidation phase. The recent recovery seems tentative and may face resistance. The overall trend appears to be bearish with intermittent short-term bullish attempts. The price is currently consolidating near the low end of the overall range. The large wick on 2024-12-29 indicates a sharp rejection of higher prices. The last few days trading range is narrow suggesting an indecisive market. The volume has generally been decreasing, further suggesting a lack of strong conviction. The trend over the past 30 days is downwards, however, the last day shows a strong buying pressure, but the following period needs further analysis to determine the direction.