Fundamental Analysis

Introduce

WiFi Map is the fastest growing community-powered app, with an existing loyal community of 150 000 000 million users and achieved # 1 ranking in more than 100 countries. We are driven by the belief that the internet is a fundamental human right. By tokenizing a world-leading platform, WiFi Map is closing the digital divide and showing what a decentralized internet provider can achieve in the age of Web3.

BasicInfo

NameValueNameValue
SymbolWIFIMarket Cap19856241.09
NameWiFi MapWhite Paper--
Web Sitehttps://weconnectu.io/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://polygonscan.com/Algorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date2023-04-07
Available Supply529641000

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.027390.040730.027120.0361128904.2339804
2024-12-300.027610.030.026750.0272413942.9203036
2024-12-290.027890.028210.027510.027816626.1980701
2024-12-280.027080.028610.026850.0279210326.0768093
2024-12-270.026750.027430.026090.02711322.114652
2024-12-260.027370.02740.026440.0269219054.3270562
2024-12-250.026870.02760.026690.0273511225.2920886
2024-12-240.026070.027170.025480.0270317632.110773
2024-12-230.024980.027540.024850.026221783.2517196
2024-12-220.025090.033740.024380.0248125393.3670419
2024-12-210.024720.025810.024720.025039584.6415733
2024-12-200.024520.0250.02240.0245424315.3369086
2024-12-190.027580.027580.024110.0245172496.2690628
2024-12-180.028110.029060.02720.0275929148.3280384
2024-12-170.030320.03130.027480.0279839836.8163762
2024-12-160.032120.032220.029640.0304516558.3215857
2024-12-150.032960.033380.029160.03236666.7146218
2024-12-140.033540.034140.032820.0331213628.1231557
2024-12-130.033780.034270.032710.0333718270.7043828
2024-12-120.033950.035140.033470.0337931279.6314817
2024-12-110.031830.034520.030720.0338428778.1605159
2024-12-100.028640.032650.0280.0316848445.8390922
2024-12-090.032760.033830.028660.0287284465.763958
2024-12-080.034570.035380.0320.0328944362.0669573
2024-12-070.036140.036570.033760.0345770602.089789
2024-12-060.038220.03860.034040.0361459033.1305914
2024-12-050.041110.044120.038060.0384363616.2573296
2024-12-040.034750.046060.034640.0411188787.6943509
2024-12-030.036660.03750.033570.0344767216.3796015
2024-12-020.033830.0390.032580.0368398030.2850728

Analysis

The asset experienced a significant price surge on the last day, closing at 0.0361 with very high volume, indicating strong buying pressure, breaking the recent downward trend. Before the last day spike, the price was exhibiting a period of consolidation and slight upward trend from 0.02451 to 0.03, followed by a gradual decrease to 0.02692, showing potential resistance around the 0.03 level. Several days saw relatively low volume, suggesting weak market participation during those periods. There is a distinct change in price direction between mid-December and late December. The high volatility during the first half of the period gradually decreased and showed stable movement before the sharp increase, suggesting that investors were waiting for a catalyst before significant movements occurred. Recent trading volume indicates a possibility of further price increase due to the sudden surge, but the volatility and volume fluctuations suggests caution and careful risk management is necessary. The price trend shifted from an upward move around the first half of the data period, to a downtrend with lower price and weak market participation, and finally to a significant upward movement on the last day.