UPC
1. Fundamental Analysis
1.1 Introduce
UPCX allows the easy development of financial smart contracts as well as the creation and issuance of fungible tokens - User Issued Assets (UIA) - and non-fungible tokens - Non-Fungible Assets (NFA) - for users and business operators.UPX enables the issuance of stablecoins that are pegged to prices of real-world assets, including fiat currencies and commodities, by a highly reliable price oracle. This means that even the trading of real-world assets can be handled and completed within UPCX.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | UPC | Market Cap | 15080571.028 |
| Name | Upcx | White Paper | -- |
| Web Site | https://upcx.io | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 780000000 | |
| Supply | 780000000 | Release Date | 2023-11-29 |
| Available Supply | 4148712.79999995 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 3.634 | 3.64 | 3.632 | 3.635 | 8337.0135 |
| 2024-12-31 | 3.643 | 3.651 | 3.632 | 3.634 | 50335.85353 |
| 2024-12-30 | 3.673 | 3.678 | 3.633 | 3.644 | 48742.90041 |
| 2024-12-29 | 3.679 | 3.681 | 3.654 | 3.674 | 51130.65249 |
| 2024-12-28 | 3.679 | 3.687 | 3.639 | 3.678 | 54329.0303 |
| 2024-12-27 | 3.704 | 3.707 | 3.676 | 3.679 | 50815.86913 |
| 2024-12-26 | 3.718 | 3.772 | 3.687 | 3.704 | 55754.20264 |
| 2024-12-25 | 3.732 | 3.754 | 3.714 | 3.717 | 49159.35725 |
| 2024-12-24 | 3.778 | 3.783 | 3.624 | 3.732 | 64940.98001 |
| 2024-12-23 | 3.784 | 3.785 | 3.769 | 3.778 | 61452.06691 |
| 2024-12-22 | 3.809 | 3.817 | 3.784 | 3.785 | 66902.25829 |
| 2024-12-21 | 3.816 | 3.832 | 3.788 | 3.809 | 69415.20956 |
| 2024-12-20 | 3.854 | 3.854 | 3.784 | 3.816 | 63997.78665 |
| 2024-12-19 | 3.888 | 3.905 | 3.769 | 3.854 | 77237.27106 |
| 2024-12-18 | 3.915 | 3.923 | 3.885 | 3.888 | 79255.43362 |
| 2024-12-17 | 3.9 | 3.917 | 3.886 | 3.915 | 64450.87937 |
| 2024-12-16 | 3.892 | 3.911 | 3.847 | 3.9 | 72021.24987 |
| 2024-12-15 | 3.904 | 3.912 | 3.886 | 3.892 | 74784.04159 |
| 2024-12-14 | 4.166 | 4.167 | 3.901 | 3.904 | 83543.05465 |
| 2024-12-13 | 4.462 | 4.462 | 4.164 | 4.166 | 92470.50565 |
| 2024-12-12 | 4.577 | 4.579 | 4.458 | 4.462 | 70735.57173 |
| 2024-12-11 | 4.602 | 4.627 | 4.573 | 4.577 | 68801.60725 |
| 2024-12-10 | 4.647 | 4.655 | 4.59 | 4.602 | 76016.50998 |
| 2024-12-09 | 4.675 | 4.686 | 4.616 | 4.648 | 75766.00588 |
| 2024-12-08 | 4.71 | 4.735 | 4.669 | 4.675 | 77975.02795 |
| 2024-12-07 | 4.793 | 5.019 | 4.698 | 4.711 | 183764.3194677 |
| 2024-12-06 | 4.021 | 4.813 | 4.016 | 4.793 | 178034.519377 |
| 2024-12-05 | 3.853 | 4.04 | 3.85 | 4.021 | 114098.838154 |
| 2024-12-04 | 3.872 | 3.881 | 3.85 | 3.856 | 69359.35467 |
| 2024-12-03 | 3.872 | 3.881 | 3.85 | 3.873 | 70221.88095 |
2.2 Analysis
The 30-day OHLCV data reveals a strong upward trend initially, peaking around December 14th, followed by a significant correction. A subsequent recovery attempt shows some strength, but lacks the conviction of the prior rally. Near-term price action suggests consolidation, with potential for a sideways trend or slight downward movement in the short term. Longer-term outlook remains uncertain, requiring further data analysis.
3. News Analysis
3.1 News
20241230
- UPCX reminds users: Beware of scam tokens on other chains and beware of being deceived
20241220
- UPCX and SHB establish partnership ↑
20241207
- Data: $UPC rose above 5 USDT, with a total increase of 30.38% in the past two days ↑
20241203
- UPCX Eco-wallet User Volume Exceeds 50,000 ↑
3.2 Analysis
Conclusion: The rapid growth of UPCX, evidenced by a significant price surge in early December 2024, exceeding 5 USDT and a 30.38% increase in two days, coupled with a user base exceeding 50,000 in the UPCX Eco-wallet, suggests a strong upward trend in adoption and market value. The partnership established between UPCX and SHB further solidifies its position and potential for future growth. However, the warning against scam tokens indicates a potential vulnerability and the need for continued vigilance to maintain user trust and prevent market manipulation. Overall, UPCX demonstrates positive momentum, but sustained growth hinges on successfully navigating the risks associated with fraudulent activity in the crypto market. The long-term trajectory remains positive pending consistent growth and maintenance of user confidence. Further monitoring of market sentiment and competitive landscape is critical for accurate future predictions.
