Fundamental Analysis

Introduce

Backed by Coinbase and Chainlink lation is a leading DRP (definite reference point protocol) for economic truth that is powering the tokenization of Real World Assets with its independent, transparent, and real-time financial data. Tracking over 18 million items, lation’s censorship-resistant and accessible data indexes provide the necessary data infrastructure to bring about systemic advancements in the DeFi economy, empowering dApps like DEXs to open limitless markets. From speculating on prices of orange juice and uranium to enabling BTC-denominated oil, gas, and corn prices, lation provides the key to unlocking a diverse array of financial markets and instruments in the Web3 world.

BasicInfo

NameValueNameValue
SymbolTRUFMarket Cap10778131
NameTruflationWhite Paper--
Web Sitehttp://www.truflation.comIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date2024-04-09
Available Supply236882000

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.04450.04680.0440.04549113.900926
2024-12-300.04460.05170.04420.044742222.719347
2024-12-290.04660.04710.04210.044617170.961512
2024-12-280.0490.04980.04040.046792652.64879
2024-12-270.05110.0550.04860.0494128465.791196
2024-12-260.05270.05650.050.051248349.448511
2024-12-250.05320.05750.05220.052831772.26659
2024-12-240.05130.0550.04950.053334627.380491
2024-12-230.05160.0590.04940.0513105774.040841
2024-12-220.050.0560.050.051756042.141556
2024-12-210.05230.0560.04970.0534005.600264
2024-12-200.05330.06040.04560.0524127392.933909
2024-12-190.06120.0630.05030.053181940.420358
2024-12-180.06320.06750.06010.061173224.561265
2024-12-170.06660.0690.06240.06328602.379193
2024-12-160.06860.07240.06650.066851795.560581
2024-12-150.06730.07020.06650.068653282.864068
2024-12-140.07190.07280.060.067586540.721839
2024-12-130.07010.07590.06960.071695190.513294
2024-12-120.07090.07360.06740.0726702.507698
2024-12-110.06630.07150.06470.0760973.070701
2024-12-100.07040.07520.06380.066193461.937025
2024-12-090.0790.08370.0690.069898730.039439
2024-12-080.07910.0830.07280.078870897.661441
2024-12-070.08450.08590.07650.079196727.131024
2024-12-060.07970.08550.0760.084589158.996773
2024-12-050.08320.08740.07880.0798105156.953687
2024-12-040.08090.09280.08050.0837207914.758282
2024-12-030.06280.08210.06250.0807287858.626861
2024-12-020.06530.07540.05790.062166784.332422

Analysis

The data exhibits a significant downtrend over the past 30 days, moving from an initial price of 0.0832 on 2024-12-05 and reaching a low close of 0.0447 on 2024-12-30, with a minor recovery to 0.0454 by 2024-12-31. Volatility was higher earlier in the period, particularly around 2024-12-02 to 2024-12-05, with large price swings and high volume, suggesting strong buying and selling pressure. There appears to be a decrease in both volume and price fluctuations as we approach the end of the 30 day period. The price appears to be consolidating around the 0.045 price level, signaling a possible stabilization after the initial price decline, however, there are no strong signs of a reversal trend. Recent trading volume was notably lower than in the early part of the period.