TX20
Fundamental Analysis
Introduce
TREX20 is revolutionizing and pioneering in GameFi built on Bitcoin Protocol with Multiple Games + an NFTFi Marketplace and progressive lotto under one roof.TREX20 introduces first ever utility NFT on Bitcoin: 2009 copies of the game itself being entirely inscripted on chain and offered as NFTs with revenue sharing model and multiple other benefits—a groundbreaking advancement never seen before in the industry. TREX20 is also bringing unprecedented utilities for existing Bitcoin NFT collections which includes DeFI lending and borrowing, along with exclusive use cases in various TREX20 games.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | TX20 | Market Cap | 59430 |
| Name | Trex20 | White Paper | -- |
| Web Site | https://trex20.xyz/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://mempool.space/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 100000000 | |
| Supply | 100000000 | Release Date | 2024-04-09 |
| Available Supply | 21000000 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 0.00266 | 0.00283 | 0.00262 | 0.00283 | 956.941174 |
| 2024-12-30 | 0.00295 | 0.00302 | 0.00267 | 0.00267 | 2296.7568649 |
| 2024-12-29 | 0.00299 | 0.00309 | 0.00291 | 0.00296 | 1658.1109766 |
| 2024-12-28 | 0.00313 | 0.00315 | 0.00277 | 0.0029 | 2542.2845055 |
| 2024-12-27 | 0.00311 | 0.00322 | 0.00288 | 0.00316 | 2253.5642152 |
| 2024-12-26 | 0.00291 | 0.00321 | 0.00291 | 0.00312 | 1279.1929626 |
| 2024-12-25 | 0.003 | 0.0032 | 0.0029 | 0.00298 | 2325.0266564 |
| 2024-12-24 | 0.00312 | 0.00313 | 0.00298 | 0.00304 | 1238.8303304 |
| 2024-12-23 | 0.00304 | 0.00328 | 0.00296 | 0.00312 | 2298.4884145 |
| 2024-12-22 | 0.00319 | 0.00322 | 0.003 | 0.00304 | 1258.0960522 |
| 2024-12-21 | 0.00321 | 0.00336 | 0.00309 | 0.00319 | 4260.8576099 |
| 2024-12-20 | 0.00351 | 0.00351 | 0.00295 | 0.00318 | 7243.0229467 |
| 2024-12-19 | 0.00371 | 0.00382 | 0.0035 | 0.00351 | 5708.9968256 |
| 2024-12-18 | 0.00412 | 0.00412 | 0.00363 | 0.00381 | 14972.5429912 |
| 2024-12-17 | 0.00437 | 0.0045 | 0.00413 | 0.00418 | 4778.7290172 |
| 2024-12-16 | 0.00434 | 0.00464 | 0.00427 | 0.00436 | 7687.0631951 |
| 2024-12-15 | 0.00389 | 0.00433 | 0.00389 | 0.00433 | 9598.9502374 |
| 2024-12-14 | 0.00425 | 0.00427 | 0.00377 | 0.00377 | 20609.6480356 |
| 2024-12-13 | 0.00412 | 0.00501 | 0.00403 | 0.00427 | 22620.3599005 |
| 2024-12-12 | 0.00442 | 0.00465 | 0.00387 | 0.00396 | 33339.7375552 |
| 2024-12-11 | 0.00391 | 0.00472 | 0.00391 | 0.00443 | 46898.8040762 |
| 2024-12-10 | 0.00403 | 0.00403 | 0.00362 | 0.00391 | 48693.7174722 |
| 2024-12-09 | 0.00438 | 0.0046 | 0.00363 | 0.00402 | 41868.6188131 |
| 2024-12-08 | 0.00453 | 0.00455 | 0.00411 | 0.00438 | 30024.5005766 |
| 2024-12-07 | 0.00455 | 0.00498 | 0.00448 | 0.00453 | 36585.5465442 |
| 2024-12-06 | 0.00437 | 0.00468 | 0.00427 | 0.00455 | 36770.7567143 |
| 2024-12-05 | 0.00478 | 0.00486 | 0.00436 | 0.00437 | 38014.1529226 |
| 2024-12-04 | 0.00503 | 0.00581 | 0.00441 | 0.00477 | 44213.5558404 |
| 2024-12-03 | 0.00491 | 0.00575 | 0.00473 | 0.00508 | 13850.9290593 |
| 2024-12-02 | 0.00588 | 0.00594 | 0.00451 | 0.00497 | 21722.2061881 |
Analysis
The data indicates a bearish trend over the last 30 days, with a significant price drop from early December to late December. Initial high volatility is followed by a period of decreasing price and trading volume. Recent days show a slight price recovery but with low volume, suggesting weak buying pressure. A clear downward trend is visible in the price action with the last few days indicating a possible bottoming out, but this is not yet confirmed. Increased selling pressure and volume on the 14th and 13th, suggests a strong change in market sentiment. The price has significantly decreased from the start of the period, indicating an overall negative sentiment in this period. The most recent days display sideways movement with slightly increased volume on the 31st, which could signal the end of the current downtrend or just a consolidation phase. The price currently resides at a low point for the period, raising concerns for further downtrend and potential retest of the previous lows. Despite a late small upward movement, the lack of significant volume suggests weakness.
