Tenet (TENET)
1. Fundamental Analysis
1.1 Introduce
Tenet is a DeFi focused EVM Layer-1 bringing liquidity and yield opportunities to LSDs. Tenet allows LSDs to re-stake to its network and be used in Tenet s DeFi Ecosystem by utilizing a new consensus mechanism called Diversified PoS. This allows LSDs like stEth to participate in validation, making it the most secure blockchain ever created.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | TENET | Market Cap | 2228920.34 |
| Name | Tenet | White Paper | -- |
| Web Site | https://tenet.org | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://tenetscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1200000000 | |
| Supply | 1200000000 | Release Date | 2023-05-25 |
| Available Supply | 421346000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.00537 | 0.00537 | 0.00529 | 0.00529 | 299.0826097 |
| 2024-12-31 | 0.00519 | 0.00567 | 0.00512 | 0.00544 | 4941.0928018 |
| 2024-12-30 | 0.00503 | 0.00543 | 0.00499 | 0.0052 | 3250.5575807 |
| 2024-12-29 | 0.00558 | 0.00558 | 0.00497 | 0.00503 | 3112.7805622 |
| 2024-12-28 | 0.00567 | 0.00583 | 0.00542 | 0.00562 | 3225.6211582 |
| 2024-12-27 | 0.00548 | 0.00587 | 0.00545 | 0.00571 | 3052.1350066 |
| 2024-12-26 | 0.00573 | 0.00587 | 0.00519 | 0.00547 | 9832.8575452 |
| 2024-12-25 | 0.00586 | 0.00628 | 0.00554 | 0.00572 | 8140.9142923 |
| 2024-12-24 | 0.00577 | 0.0078 | 0.00575 | 0.00586 | 26469.6502331 |
| 2024-12-23 | 0.00445 | 0.00767 | 0.0044 | 0.00589 | 47170.6340087 |
| 2024-12-22 | 0.00455 | 0.00471 | 0.00438 | 0.00451 | 2543.3736547 |
| 2024-12-21 | 0.00486 | 0.005 | 0.00451 | 0.00452 | 6425.2272544 |
| 2024-12-20 | 0.00472 | 0.00504 | 0.00438 | 0.00485 | 10857.8158813 |
| 2024-12-19 | 0.00548 | 0.00568 | 0.00462 | 0.00462 | 17248.6380799 |
| 2024-12-18 | 0.00528 | 0.00799 | 0.0051 | 0.00555 | 46367.4551878 |
| 2024-12-17 | 0.00567 | 0.00571 | 0.00519 | 0.00524 | 6960.1401679 |
| 2024-12-16 | 0.00544 | 0.00643 | 0.00543 | 0.0057 | 21045.3630383 |
| 2024-12-15 | 0.0057 | 0.0057 | 0.00519 | 0.00545 | 12787.0755193 |
| 2024-12-14 | 0.00612 | 0.00625 | 0.0056 | 0.00567 | 6564.3215377 |
| 2024-12-13 | 0.00645 | 0.00653 | 0.00604 | 0.00611 | 6679.7501267 |
| 2024-12-12 | 0.00671 | 0.0069 | 0.00629 | 0.00645 | 12152.7451936 |
| 2024-12-11 | 0.00615 | 0.00694 | 0.00598 | 0.00666 | 16210.2422475 |
| 2024-12-10 | 0.0066 | 0.00716 | 0.00614 | 0.00623 | 18765.0531564 |
| 2024-12-09 | 0.0078 | 0.00786 | 0.00598 | 0.0065 | 27207.4456211 |
| 2024-12-08 | 0.00799 | 0.00817 | 0.0076 | 0.00789 | 12846.6739639 |
| 2024-12-07 | 0.00803 | 0.0084 | 0.00777 | 0.0079 | 14929.9926301 |
| 2024-12-06 | 0.00852 | 0.00856 | 0.00759 | 0.00795 | 19361.955534 |
| 2024-12-05 | 0.00797 | 0.00904 | 0.00793 | 0.00852 | 30296.4117902 |
| 2024-12-04 | 0.00882 | 0.00924 | 0.00772 | 0.00809 | 65154.3613244 |
| 2024-12-03 | 0.01208 | 0.01209 | 0.00801 | 0.00882 | 135735.5220226 |
2.2 Analysis
The 30-day OHLCV data reveals a period of significant volatility followed by a downward trend, culminating in a potential short-term bottom around 0.0045. Subsequent price action shows signs of recovery, but momentum remains uncertain. The volume data suggests periods of high trading activity coincide with major price swings. While a short-term upward trend is possible, sustained bullish momentum requires confirmation. Further observation is necessary to definitively predict future trends with confidence. Risk of further price correction remains.
