Tectum (TET)
1. Fundamental Analysis
1.1 Introduce
From the Cybersecurity company CrispMind, The Tectum SoftNote is the ultimate Bitcoin/Crypto Layer 2 solution that overcomes all of the pitfalls of the lightning network and that of other blockchains. It is built on the Tectum Layer 1 Blockchain which is the fastest blockchain in the world and transacts at 1.3 million TPS/BPS! Tectums Layer 2 Bitcoin scaling solution is the SoftNote™ . Users can enjoy instant, trustless, anonymous, and decentralized crypto payments for free when using the Softnote™.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | TET | Market Cap | 46005475.14 |
| Name | Tectum | White Paper | -- |
| Web Site | http://www.tectum.io | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 10000000 | |
| Supply | 10000000 | Release Date | 2023-06-01 |
| Available Supply | 7798860 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 5.816 | 5.923 | 5.766 | 5.875 | 12240.6473291 |
| 2024-12-31 | 6.149 | 6.339 | 5.737 | 5.792 | 54998.266807 |
| 2024-12-30 | 6.055 | 6.273 | 5.866 | 6.118 | 81747.9973958 |
| 2024-12-29 | 5.619 | 6.6 | 5.417 | 6.025 | 129911.2277056 |
| 2024-12-28 | 5.969 | 5.991 | 5.398 | 5.554 | 87180.6542762 |
| 2024-12-27 | 5.916 | 6.15 | 5.876 | 5.926 | 39568.1539945 |
| 2024-12-26 | 6.324 | 6.548 | 5.826 | 5.887 | 65544.1982253 |
| 2024-12-25 | 6.514 | 6.726 | 6.25 | 6.31 | 58724.6320487 |
| 2024-12-24 | 6.685 | 6.685 | 6.233 | 6.5 | 55540.2244869 |
| 2024-12-23 | 5.748 | 6.966 | 5.707 | 6.588 | 88730.7751372 |
| 2024-12-22 | 5.985 | 6.111 | 5.702 | 5.71 | 57473.892432 |
| 2024-12-21 | 6.463 | 6.663 | 5.852 | 5.956 | 69113.4410215 |
| 2024-12-20 | 6.009 | 6.51 | 5.5 | 6.44 | 121566.4793215 |
| 2024-12-19 | 7.37 | 7.417 | 5.661 | 5.964 | 207444.3337357 |
| 2024-12-18 | 7.424 | 7.939 | 7.266 | 7.305 | 72466.1993038 |
| 2024-12-17 | 8.034 | 8.24 | 7.376 | 7.414 | 105531.3383233 |
| 2024-12-16 | 7.847 | 8.347 | 7.522 | 7.982 | 73038.1769313 |
| 2024-12-15 | 7.418 | 8.083 | 7.381 | 7.781 | 110562.6653439 |
| 2024-12-14 | 8.32 | 8.328 | 7.313 | 7.359 | 96371.0810535 |
| 2024-12-13 | 8.31 | 9.273 | 7.338 | 8.283 | 298127.1980341 |
| 2024-12-12 | 9.473 | 11.0 | 7.7 | 8.256 | 296763.8669847 |
| 2024-12-11 | 8.353 | 9.861 | 8.212 | 9.428 | 107997.9166773 |
| 2024-12-10 | 8.503 | 8.86 | 7.92 | 8.285 | 97151.4751841 |
| 2024-12-09 | 9.425 | 9.698 | 8.061 | 8.455 | 119413.0484101 |
| 2024-12-08 | 9.551 | 9.717 | 9.234 | 9.422 | 76472.3251385 |
| 2024-12-07 | 9.765 | 9.8 | 9.152 | 9.551 | 138329.7071161 |
| 2024-12-06 | 10.136 | 10.41 | 9.333 | 9.705 | 162053.8494839 |
| 2024-12-05 | 10.848 | 11.0 | 10.077 | 10.077 | 144946.0708252 |
| 2024-12-04 | 10.071 | 11.122 | 10.05 | 10.8 | 166549.7042627 |
| 2024-12-03 | 10.524 | 11.001 | 9.593 | 10.051 | 391698.7661073 |
2.2 Analysis
The 30-day OHLCV data shows a significant price decline from a high around $11 in early December 2024 to approximately $5.80 by the end of January 2025, indicating a strong bearish trend. Volume increased considerably during periods of sharp price movements, particularly during the initial decline. The recent price action suggests a potential short-term consolidation or bounce, but the overall outlook remains bearish. Future trends are likely to continue a downward trajectory, at least in the short to medium term, with potential for further price drops. However, a sustained period of low volatility could precede a stronger upward movement later in the year.
