WAM
Fundamental Analysis
Introduce
WAM is a play-to-earn crypto-gaming platform where everybody can play & compete with friends in simple hyper-casual tournaments to earn crypto rewards. The platform can be accessed on any mobile web browser or downloaded from Google Play and the AppStore.On WAM.app, the more a player wins the more their in-platform rank grows, just like normal real-life leaderboards in competitive sports. Once player advances their rank they can participate in more rewarding tournaments with higher entrance fees & reward pools.Each tournament has a reward pool where WAM.app adds a fixed amount of WAM for every player who pays the entrance fee. At the end of the tournament, the rewards are distributed algorithmically to a percentage of the top players based on their score and ranking.They got the inspiration from real-life amateur sports tournaments where millions of people from all over the world compete in games like football, basketball, rugby, tennis, billiards, darts, and many more, just to have fun and spend time together with friends and family. The pandemic showed them the importance of sharing experiences and keeping in touch with our peers and doing it on a digital platform with people from all over the globe is the simplest way to do it.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | WAM | Market Cap | 1726556.139 |
| Name | Wam | White Paper | -- |
| Web Site | https://wam.app | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://bscscan.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2021-12-20 |
| Available Supply | 679479000 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 0.002412 | 0.002655 | 0.002408 | 0.002528 | 10070.5458966 |
| 2024-12-30 | 0.002406 | 0.002449 | 0.002386 | 0.002412 | 10727.8737953 |
| 2024-12-29 | 0.002435 | 0.002465 | 0.002392 | 0.002406 | 10797.9473314 |
| 2024-12-28 | 0.002515 | 0.002518 | 0.002373 | 0.002435 | 10839.4305092 |
| 2024-12-27 | 0.002554 | 0.002587 | 0.002508 | 0.002508 | 4655.6733073 |
| 2024-12-26 | 0.00258 | 0.002601 | 0.002522 | 0.002554 | 8813.5413098 |
| 2024-12-25 | 0.002621 | 0.002642 | 0.002555 | 0.00258 | 10940.9826053 |
| 2024-12-24 | 0.002603 | 0.00267 | 0.00255 | 0.002621 | 11046.5749228 |
| 2024-12-23 | 0.002614 | 0.002666 | 0.002522 | 0.002603 | 9738.4985251 |
| 2024-12-22 | 0.002609 | 0.002627 | 0.002531 | 0.002614 | 10696.5141176 |
| 2024-12-21 | 0.002497 | 0.002651 | 0.002465 | 0.002609 | 11579.0974081 |
| 2024-12-20 | 0.002559 | 0.002604 | 0.002437 | 0.002497 | 10706.9164623 |
| 2024-12-19 | 0.002888 | 0.002898 | 0.002535 | 0.002559 | 19463.894622 |
| 2024-12-18 | 0.003022 | 0.003029 | 0.0028 | 0.002888 | 10768.5269714 |
| 2024-12-17 | 0.003014 | 0.003055 | 0.002962 | 0.003022 | 10808.4829596 |
| 2024-12-16 | 0.003032 | 0.003214 | 0.002812 | 0.003016 | 15453.8972261 |
| 2024-12-15 | 0.003082 | 0.00311 | 0.002964 | 0.003032 | 11088.220158 |
| 2024-12-14 | 0.003186 | 0.003222 | 0.003034 | 0.003082 | 10203.2466215 |
| 2024-12-13 | 0.003378 | 0.003541 | 0.00314 | 0.003186 | 17014.9767698 |
| 2024-12-12 | 0.003594 | 0.003632 | 0.003353 | 0.003378 | 13926.5075928 |
| 2024-12-11 | 0.003414 | 0.003598 | 0.003348 | 0.003592 | 12478.0137532 |
| 2024-12-10 | 0.003386 | 0.003511 | 0.003353 | 0.003414 | 10123.6010738 |
| 2024-12-09 | 0.003794 | 0.003865 | 0.003375 | 0.003386 | 14877.0573819 |
| 2024-12-08 | 0.00393 | 0.00395 | 0.003675 | 0.003794 | 11150.9032294 |
| 2024-12-07 | 0.00375 | 0.004054 | 0.003677 | 0.00393 | 12843.6831474 |
| 2024-12-06 | 0.004307 | 0.004357 | 0.00372 | 0.00375 | 13599.4106138 |
| 2024-12-05 | 0.004309 | 0.004623 | 0.004268 | 0.004307 | 13353.2097863 |
| 2024-12-04 | 0.003956 | 0.004565 | 0.003902 | 0.00433 | 18017.0811445 |
| 2024-12-03 | 0.003713 | 0.004015 | 0.003513 | 0.003956 | 18201.5774896 |
| 2024-12-02 | 0.003726 | 0.003919 | 0.003546 | 0.003713 | 15366.988138 |
Analysis
The analysis reveals a clear downtrend over the past 30 days, transitioning from higher prices in early December to significantly lower levels by the end of the month. Initially, the price experienced a sharp decline from approximately 0.0043 to 0.0037 between 2024-12-06 and 2024-12-09. This was followed by a period of price fluctuation and gradual decline, showing a series of lower highs and lower lows which continued throughout the month. From 2024-12-16 to 2024-12-21, although some upward movement was seen, it ultimately didn’t break the overall downtrend, indicating resistance at higher price levels. Subsequently, there was a relatively stable period of price movement with some upward attempts, but without substantial trend changes. Finally, the month closes with prices reaching their lowest point in the analyzed period, around 0.0024 and 0.0025, coupled with moderate volume. This suggests that the selling pressure persisted throughout the 30-day period, indicating the potential for continued bearish sentiment. The trading volume has been variable, with peak volumes during significant price drops and less during the consolidations, suggesting a correlation between price action and market participation. Overall, the analysis points towards a bearish trend with indications of persistent selling pressure, which might continue unless a significant reversal pattern appears in future trading sessions.
