Unit Protocol (UNITPROTOCOL)
The Unit protocol allows users to obtain liquidity from a large variety of decentralized assets. The protocol increases borrowing efficiency by expanding the number of crypto assets available for collateralization, and asset holders can use the value contained in a diverse set of token hold- ings to mint the stablecoin USDP.
1. Basic Info
| Symbol | UNITPROTOCOL |
| Name | Unit Protocol |
| Web Site | https://unit.xyz |
| Wallet | None |
| Source | None |
| Explorer | https://etherscan.io/ |
| Forum | None |
| Mining | |
| Supply | |
| Available Supply | |
| Market Cap | 0 |
| White Paper | |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | None |
| Proof | None |
| Total | |
| Release Date |
2. Technical
2.1 Kline Price Chart
2.2 Technical Analysis
Expect significant price volatility. There is a potential for a short-term upward surge followed by a possible sharp decline. The market appears to be highly reactive with large price swings. Further consolidation is indicated in the near term with uncertainty dominating price action. Watch for breakout signals, upwards movement to test previous high points then potential retracement to lower regions. Market participants may be experiencing extreme sentiment swings with periods of optimism and pessimism which directly increase price fluctuation. The overall trend remains highly uncertain. Expect range bound trading to continue in the short run. The market is displaying characteristics of a highly speculative asset with substantial risk associated.
