WEMIX
Fundamental Analysis
Introduce
WEMIX3.0 Mainnet is an experience-based, platform-driven, and service-oriented mega-ecosystem. The Mainnet is a high-performance EVM-compatible open-source protocol powered by the SPoA(Stake-based Proof of Authority) consensus mechanism. The mainnet offers the highest security possible, based on decentralized on-chain governance via 40 Node Council Partners(NCP), also known as 40 WONDERS, while still ensuring high TPS. WEMIX is the native coin of the WEMIX mega-ecosystem, used as a medium of exchange and payment method for gas fees.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | WEMIX | Market Cap | 323846640 |
| Name | WEMIX | White Paper | -- |
| Web Site | https://wemixnetwork.com/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.wemix.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 590000000 | |
| Supply | 590000000 | Release Date | |
| Available Supply | 415188000 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 0.7901 | 0.7905 | 0.75 | 0.7806 | 143098.641165 |
| 2024-12-30 | 0.7909 | 0.8129 | 0.7726 | 0.7876 | 184224.957091 |
| 2024-12-29 | 0.8079 | 0.8149 | 0.7889 | 0.7904 | 189418.610466 |
| 2024-12-28 | 0.805 | 0.8081 | 0.7936 | 0.8071 | 114314.023926 |
| 2024-12-27 | 0.8003 | 0.8499 | 0.7904 | 0.8067 | 226114.193698 |
| 2024-12-26 | 0.853 | 0.8537 | 0.8 | 0.8024 | 230993.667742 |
| 2024-12-25 | 0.8807 | 0.8815 | 0.8501 | 0.8553 | 179485.665815 |
| 2024-12-24 | 0.8691 | 0.8943 | 0.85 | 0.8821 | 211361.987598 |
| 2024-12-23 | 0.8608 | 0.8813 | 0.8355 | 0.8689 | 217128.039029 |
| 2024-12-22 | 0.8648 | 0.9018 | 0.8441 | 0.8638 | 144718.090837 |
| 2024-12-21 | 0.9022 | 0.94 | 0.8641 | 0.8648 | 365497.706325 |
| 2024-12-20 | 0.8735 | 0.9163 | 0.7941 | 0.9031 | 866771.371086 |
| 2024-12-19 | 0.9487 | 0.9775 | 0.863 | 0.8719 | 815624.928896 |
| 2024-12-18 | 1.0257 | 1.0361 | 0.9374 | 0.9466 | 595395.528943 |
| 2024-12-17 | 1.0695 | 1.0767 | 1.0168 | 1.0258 | 785805.700507 |
| 2024-12-16 | 1.1073 | 1.1252 | 1.0394 | 1.0702 | 760356.437875 |
| 2024-12-15 | 1.0862 | 1.1279 | 1.0566 | 1.1059 | 762142.07032 |
| 2024-12-14 | 1.12 | 1.1378 | 1.065 | 1.0856 | 711837.036929 |
| 2024-12-13 | 1.0256 | 1.1412 | 0.9875 | 1.1204 | 3264854.267238 |
| 2024-12-12 | 1.1111 | 1.1311 | 1.0135 | 1.025 | 4409908.951865 |
| 2024-12-11 | 1.0221 | 1.1293 | 0.972 | 1.1099 | 1116152.602994 |
| 2024-12-10 | 1.0457 | 1.0749 | 0.9335 | 1.023 | 1579845.25528 |
| 2024-12-09 | 1.2179 | 1.222 | 0.9827 | 1.0475 | 2271355.594717 |
| 2024-12-08 | 1.2212 | 1.26 | 1.1891 | 1.2186 | 1542112.203059 |
| 2024-12-07 | 1.2328 | 1.2346 | 1.2 | 1.222 | 885005.427826 |
| 2024-12-06 | 1.214 | 1.2536 | 1.1938 | 1.2359 | 1672603.986643 |
| 2024-12-05 | 1.2086 | 1.23 | 1.1779 | 1.2137 | 1342020.0174 |
| 2024-12-04 | 1.1851 | 1.2398 | 1.1815 | 1.2078 | 1360376.824828 |
| 2024-12-03 | 1.2711 | 1.29 | 1.05 | 1.1852 | 3984864.674257 |
| 2024-12-02 | 1.327 | 1.3302 | 1.1956 | 1.271 | 3152919.307813 |
Analysis
The data indicates a downward price trend over the past 30 days, transitioning from high volatility and price ranges to a period of consolidation and a lower price range. Initially, the price experienced significant volatility and higher volume, characterized by sharp price swings both upwards and downwards. Towards the later part of the period, volatility decreased accompanied by lower trading volumes. Recent trading days show a price stabilization within a narrower range, suggesting a lack of strong directional conviction. The last few days reveal a consistent trading pattern near the lower end of the range. The price may attempt to test recent lows before any potential reversal. A possible outcome is continued consolidation within the current price range, unless a significant catalyst emerges.
