Fundamental Analysis

Introduce

Thetan Arena is the first blockchain-based MOBA and Battle Royale game developed on KardiaChain infrastructure by one of the best game studios in Vietnam, Wolffun Game. The game features competitive and exciting online gameplay and play-to-earn mechanics.Thetan Arena is designed with a top-down view of the overall map; the characters and environment are modern and simplistic yet retro and nostalgic, which will enhance players’ vision and space for action. The core mechanics focus on both player’s personal skills and teamwork to complete a round and earn the best rewards possible. Thetan Arena is the perfect entry for anyone to have a taste of a whole new gaming genre.

BasicInfo

NameValueNameValue
SymbolTHGMarket Cap2041121.6172702
NameThetan ArenaWhite Paper--
Web Sitehttps://thetanarena.com/#homeIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://bscscan.com/Algorithm--
Forum--Proof--
Mining Total420000000
Supply420000000Release Date2021-09-17
Available Supply113584953.66

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.017760.018220.017390.0177327668.1769251
2024-12-300.017020.017910.016890.0178134312.621265
2024-12-290.018330.018690.01670.0170147051.9112726
2024-12-280.018080.018810.01790.018445717.0604384
2024-12-270.018470.018960.01770.018133058.7010325
2024-12-260.018540.019850.016510.0184218829.0192696
2024-12-250.018990.019990.018460.0185735970.8531359
2024-12-240.019080.019990.018820.0189841963.7268557
2024-12-230.017640.019720.017250.019150111.229644
2024-12-220.017650.018030.017030.0176461716.7370462
2024-12-210.01880.019290.017050.0176548664.8743456
2024-12-200.018950.020470.016130.0183650700.7451276
2024-12-190.022010.023690.018740.0189560088.1983818
2024-12-180.023070.02540.0220.0220445324.276159
2024-12-170.024180.0250.0230.023142575.3361095
2024-12-160.022750.025290.022660.0241826795.4712088
2024-12-150.023360.02360.022220.0227516867.283485
2024-12-140.023730.025840.022660.0233638546.2583948
2024-12-130.024530.02460.02350.0237341349.9203933
2024-12-120.024320.027940.023940.024325943.2415808
2024-12-110.022460.025480.02220.0243238434.5940769
2024-12-100.023640.025340.021550.0223239211.9403601
2024-12-090.026610.027950.022590.0236448475.6635752
2024-12-080.027660.028070.026060.0266335444.7378754
2024-12-070.029420.030990.027750.02855469.6297622
2024-12-060.026320.029780.025930.0293140449.1489559
2024-12-050.026860.028510.025360.0260735743.42429
2024-12-040.025830.03080.025430.0268640480.4666108
2024-12-030.023610.027410.0230.0250334224.8515441
2024-12-020.02870.029240.022260.023637984.3311946

Analysis

The asset experienced significant volatility over the 30-day period. Initial price declines were followed by a period of consolidation and some recovery attempts. Volume initially decreased along with price drops, then increased during the price consolidation period. Recent activity suggests a potential shift towards a more defined downtrend following the peak around December 6-7. The last two days display decreased volume alongside lower closing prices, which is a bearish sign. The price has consistently traded in lower highs over the last 30 days. Overall, the data points towards a prevailing bearish trend with potential for further downward movement.