Fundamental Analysis

Introduce

WhiteBIT Token (WBT) is the internal token of the WhiteBIT cryptocurrency exchange that organically combines the products of the ecosystem and provides its owners with numerous benefits: from an up to 100% discount on trading fees, free withdrawals to an increased referral rate, and more.

BasicInfo

NameValueNameValue
SymbolWBTMarket Cap3543309734
NameWhiteBIT TokenWhite Paper--
Web Sitehttps://whitebit.com/wbtIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total400000000
Supply400000000Release Date
Available Supply144119000

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-3124.53624.72624.44324.543386613.76235
2024-12-3024.62624.77624.50324.584538395.4086
2024-12-2924.70224.86824.5324.623542747.46832
2024-12-2824.48124.72924.44224.701537703.78564
2024-12-2724.55824.64824.37924.474537449.5843
2024-12-2624.8724.94524.51524.582541143.69965
2024-12-2524.87324.93324.72524.907544864.06702
2024-12-2424.36624.90224.29124.842549169.26573
2024-12-2324.27624.47524.1824.385538096.94797
2024-12-2224.27124.34924.17924.273527774.23399
2024-12-2124.35424.42324.24224.271534952.5862
2024-12-2024.9324.97724.26624.359542162.84527
2024-12-1924.85225.20524.65624.917565069.21459
2024-12-1825.10425.12224.80624.832546571.96168
2024-12-1725.04425.16425.00125.127541961.64615
2024-12-1625.03125.18324.91125.084546733.59571
2024-12-1524.88125.15224.88124.997542545.21579
2024-12-1424.89625.11224.85624.866543057.56051
2024-12-1324.79224.97124.73724.929538548.01025
2024-12-1224.92625.0324.74224.767549577.53311
2024-12-1124.64824.92624.60324.909543210.23283
2024-12-1024.59924.77224.57424.684542282.29971
2024-12-0924.90824.99124.55324.636543277.07488
2024-12-0825.07225.09724.70524.884548774.47235
2024-12-0725.00725.10424.9224.957553617.55173
2024-12-0624.85325.08624.79125.053539519.14813
2024-12-0523.41125.24123.36424.809605570.08061
2024-12-0423.36423.47223.33823.393546757.16586
2024-12-0323.2923.40323.21623.346521954.63336
2024-12-0223.34223.4423.20923.282526339.19785

Analysis

The analyzed period shows a relatively volatile market with price fluctuations observed throughout the 30-day period. The initial phase exhibited a generally upward trend, culminating in a significant peak around December 5th with increased volume and subsequently followed by a downward correction. Mid-period trading saw consolidation around the 24.8-25.1 range, which has since reversed into a more bearish pattern. In recent days there appears a slow down of downwards trend. The volume has been consistently high with a few dips, suggesting a decent level of market activity. The latest trading days indicate the price is moving within a very narrow range, signifying a period of indecision among market participants. However, the overall trend based on the 30 day data indicates a potential for further downward movement if current support levels are broken. The market appears to be settling into a tight range with signs of downward momentum.