Nothing (VOID)
1. Fundamental Analysis
1.1 Introduce
$VOID is a token created by Michael Bouhanna, Vice President of Sotheby’s, who is the developer of the $ban. VOID is inspired by the exhibition The Void by artist Yves Klein (April 1958).
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | VOID | Market Cap | 1028000 |
| Name | Nothing | White Paper | -- |
| Web Site | https://voidonsol.com | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.solana.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2024-12-11 |
| Available Supply | 1000000000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.001068 | 0.001137 | 0.001027 | 0.001129 | 1639.2777861 |
| 2024-12-31 | 0.001133 | 0.001312 | 0.000934 | 0.001051 | 8714.7680946 |
| 2024-12-30 | 0.001075 | 0.001337 | 0.00105 | 0.00114 | 15733.6261249 |
| 2024-12-29 | 0.001341 | 0.001665 | 0.00099 | 0.001075 | 20140.0581355 |
| 2024-12-28 | 0.000951 | 0.00206 | 0.000903 | 0.001293 | 48919.5574186 |
| 2024-12-27 | 0.000795 | 0.001358 | 0.00071 | 0.000922 | 22180.358053 |
| 2024-12-26 | 0.000927 | 0.00093 | 0.000711 | 0.000796 | 12741.8864168 |
| 2024-12-25 | 0.001031 | 0.001142 | 0.000907 | 0.000952 | 9104.1019014 |
| 2024-12-24 | 0.000976 | 0.001071 | 0.000883 | 0.001066 | 8274.2932948 |
| 2024-12-23 | 0.000884 | 0.001372 | 0.000873 | 0.000976 | 20473.0629161 |
| 2024-12-22 | 0.001106 | 0.001106 | 0.000739 | 0.000893 | 24224.2984674 |
| 2024-12-21 | 0.001344 | 0.001397 | 0.001034 | 0.001108 | 25791.0977047 |
| 2024-12-20 | 0.002036 | 0.002089 | 0.001216 | 0.001344 | 55641.3624454 |
| 2024-12-19 | 0.002335 | 0.002499 | 0.001969 | 0.002029 | 42595.8730805 |
| 2024-12-18 | 0.003054 | 0.0038 | 0.002268 | 0.002328 | 99786.6034605 |
| 2024-12-17 | 0.002539 | 0.003971 | 0.0023 | 0.003043 | 81596.2067365 |
| 2024-12-16 | 0.003235 | 0.003681 | 0.00238 | 0.002539 | 55737.6712909 |
| 2024-12-15 | 0.002384 | 0.00385 | 0.002233 | 0.003235 | 145318.3865558 |
| 2024-12-14 | 0.003003 | 0.0034 | 0.002067 | 0.002387 | 121793.1632706 |
| 2024-12-13 | 0.00519 | 0.0069 | 0.003 | 0.003003 | 195453.1452329 |
| 2024-12-12 | 0.006255 | 0.007339 | 0.004757 | 0.00519 | 283486.9015094 |
| 2024-12-11 | 0.0075 | 0.008597 | 0.005607 | 0.006231 | 568681.5439205 |
2.2 Analysis
The 30-day OHLCV data reveals a period of significant volatility followed by a downward trend, culminating in a potential short-term consolidation or minor upward correction before further decline. Long-term trends remain uncertain pending further data. Increased volatility is anticipated in the near future.
3. News Analysis
3.1 News
20241205
- The vice president of Sothebys bought 15% of the total VOID in the internal market, and has made a profit of 1.5 million US dollars ↑
- A trader spent 35 SOLs to buy 44% of the total supply of VOID and made more than $1 million after selling most of it ↓
20241204
- The vice president of Sothebys bought 15% of the total VOID in the internal market, and has made a profit of 1.5 million US dollars ↑
- Ban developers deploy new currency VOID, a trader bought 44% of the chips early and made a profit of $1 million in half an hour ↓
- Data: VOIDs market value exceeded 10 million US dollars within half an hour of opening ↑
3.2 Analysis
Conclusion: The cryptocurrency VOID experienced a remarkably volatile and successful launch, achieving a market capitalization exceeding $10 million within its first half-hour. High-profile investment, notably from a Sotheby s vice president, significantly fueled early price appreciation, with two separate instances demonstrating substantial profits within a short timeframe. This suggests a strong initial speculative interest, potentially driven by the association with Sotheby s and rapid price increases. However, the concentrated ownership (44% held by a single trader) presents a significant risk factor, indicating potential for future price manipulation and market instability. Continued monitoring of trading volume, whale activity, and overall market sentiment is crucial. The short-term outlook remains bullish due to high initial demand and notable institutional interest, but the long-term sustainability is questionable due to concentrated ownership and the rapid price escalation. Further analysis is needed to determine whether VOID s success represents a genuine market phenomenon or a short-lived speculative bubble.
