SATOSHI•RUNE•TITAN (TITAN)
1. Fundamental Analysis
1.1 Introduce
SATOSHI-RUNE-TITAN rune, $TITAN, is the universal token of the LayerX Protocol, a Bitcoin eco-game aggregation platform that will be launching a number of card games one after another, making it an open third-party game launch platform.Meanwhile, as a platform token, most of the platform s revenue will be destroyed periodically.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | TITAN | Market Cap | 944033.93997 |
| Name | SATOSHI•RUNE•TITAN | White Paper | -- |
| Web Site | https://www.layerx.games | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://unisat.io/runes/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 20090103 | |
| Supply | 20090103 | Release Date | 2024-06-10 |
| Available Supply | 20090103 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.04789 | 0.04877 | 0.04378 | 0.04623 | 4436.8077202 |
| 2024-12-31 | 0.06003 | 0.06009 | 0.04457 | 0.04789 | 19330.7063811 |
| 2024-12-30 | 0.06187 | 0.06213 | 0.05717 | 0.06005 | 12129.9373991 |
| 2024-12-29 | 0.06363 | 0.06372 | 0.05784 | 0.06179 | 10020.6144637 |
| 2024-12-28 | 0.06722 | 0.06967 | 0.06321 | 0.06363 | 4826.7188185 |
| 2024-12-27 | 0.0678 | 0.08248 | 0.06617 | 0.06722 | 7729.4758043 |
| 2024-12-26 | 0.07285 | 0.07439 | 0.06597 | 0.06779 | 9148.1207856 |
| 2024-12-25 | 0.07889 | 0.07894 | 0.07285 | 0.07285 | 6290.9829077 |
| 2024-12-24 | 0.0786 | 0.08019 | 0.07263 | 0.07892 | 11723.0037798 |
| 2024-12-23 | 0.07942 | 0.08021 | 0.076 | 0.0786 | 7193.4193592 |
| 2024-12-22 | 0.08004 | 0.08173 | 0.07442 | 0.07942 | 10764.4606102 |
| 2024-12-21 | 0.08878 | 0.09216 | 0.08001 | 0.08004 | 11605.9761384 |
| 2024-12-20 | 0.07586 | 0.08997 | 0.06901 | 0.08878 | 13563.7452761 |
| 2024-12-19 | 0.07953 | 0.08312 | 0.074 | 0.07586 | 8039.8172678 |
| 2024-12-18 | 0.0862 | 0.09692 | 0.074 | 0.07953 | 11595.7584176 |
| 2024-12-17 | 0.08399 | 0.08743 | 0.07663 | 0.0862 | 13334.1443012 |
| 2024-12-16 | 0.10157 | 0.10158 | 0.07253 | 0.08399 | 27795.0004562 |
| 2024-12-15 | 0.10042 | 0.10373 | 0.09804 | 0.10157 | 18292.926794 |
| 2024-12-14 | 0.10228 | 0.10999 | 0.09986 | 0.10042 | 12821.9532541 |
| 2024-12-13 | 0.10367 | 0.10607 | 0.09901 | 0.10228 | 20017.0915592 |
| 2024-12-12 | 0.10061 | 0.10694 | 0.09859 | 0.10367 | 21781.0839828 |
| 2024-12-11 | 0.10727 | 0.12194 | 0.10061 | 0.10061 | 27489.7807664 |
| 2024-12-10 | 0.09304 | 0.10799 | 0.09268 | 0.10727 | 27496.344423 |
| 2024-12-09 | 0.12468 | 0.1295 | 0.08837 | 0.09304 | 39629.5012672 |
| 2024-12-08 | 0.12963 | 0.13185 | 0.12456 | 0.12468 | 29847.6743378 |
| 2024-12-07 | 0.12499 | 0.13221 | 0.12313 | 0.12963 | 28844.8874545 |
| 2024-12-06 | 0.1222 | 0.12519 | 0.12071 | 0.12499 | 25398.9103415 |
| 2024-12-05 | 0.11677 | 0.13442 | 0.11416 | 0.1222 | 44477.2113531 |
| 2024-12-04 | 0.11676 | 0.122 | 0.112 | 0.11677 | 34211.9484195 |
| 2024-12-03 | 0.10014 | 0.11766 | 0.0995 | 0.11676 | 32603.7696945 |
2.2 Analysis
The 30-day OHLCV data shows a period of significant volatility followed by a downward trend, culminating in a consolidation phase at lower price levels. Short-term predictions indicate a potential sideways movement or a slight downward correction before any sustained upward momentum is observed. However, the data suggests a medium-term bullish trend is possible if strong support levels hold. Further analysis is required to confirm these predictions.
3. News Analysis
3.1 News
20241225
- Titan Networks fourth testnet is about to start ↑
- Titan has realized the large-scale monetization of idle bandwidth, and the fourth test network will be launched on January 6 ↑
3.2 Analysis
Conclusion: Titan Networks upcoming fourth testnet launch on January 6th, 2025, signals significant progress in their large-scale monetization of idle bandwidth. This proactive approach positions them as a key player in the burgeoning decentralized bandwidth market. The positive sentiment surrounding the announcement suggests strong investor confidence and potential for rapid user adoption. Future trends indicate continued growth in Titan Networks market share, attracting further investment and technological advancements within the bandwidth monetization space. Competition in this sector is expected to intensify, requiring Titan Networks to maintain innovation and strategic partnerships to sustain its leading position. Success hinges on effective network scalability, robust security measures, and a user-friendly interface. The overall outlook is positive, with potential for substantial market impact within the next 12-18 months. However, regulatory challenges and evolving technological landscapes pose potential risks requiring close monitoring.
