Fundamental Analysis

Introduce

Nine Chronicles is the world’s first fully decentralized & open source MMORPG, with user generated NFTs & serverless infrastructure powered by the community. Nine Chronicle Gold (NCG) is an in-game token of Nine Chronicle, which is used for payments, staking, and governance. NCG can be earned by playing the game. With Ethereum bridge, Nine Chronicle Gold is now available in ERC-20 compatible form, Wrapped NCG (WNCG).

BasicInfo

NameValueNameValue
SymbolWNCGMarket Cap16856020.388598
NameNine ChroniclesWhite Paper--
Web Sitehttps://nine-chronicles.com/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date2021-08-17
Available Supply453484540.99

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.036770.037330.036040.0367717126.0317348
2024-12-300.037960.039950.036120.0367837717.8585042
2024-12-290.036170.040950.03460.0377639553.0675628
2024-12-280.035770.036530.034650.03621137.984939
2024-12-270.036670.03730.034560.036394286.2156936
2024-12-260.039120.039180.036410.036475551.6760533
2024-12-250.039560.041650.038080.0390133635.4307245
2024-12-240.038290.041060.037230.0396512950.0195243
2024-12-230.0380.039480.036940.038089870.6198466
2024-12-220.038670.039050.036340.037967395.1250889
2024-12-210.039590.041860.038550.038565229.4944936
2024-12-200.039970.040470.036680.039410940.0916112
2024-12-190.042260.04340.039350.0400810312.1697903
2024-12-180.044350.044590.042680.0429515604.6702479
2024-12-170.045770.045770.043880.0442446098.8132555
2024-12-160.050260.050260.045460.0457555776.2382611
2024-12-150.049740.053340.048750.0504312928.11195334
2024-12-140.044890.053880.044580.0500662063.720574
2024-12-130.044870.04530.043550.0445530462.3518897
2024-12-120.044810.047110.043710.0450919258.8610741
2024-12-110.042940.045250.042710.044796965.0634648
2024-12-100.044830.045890.040.0430312145.5349362
2024-12-090.052590.05340.04450.0453523715.6251887
2024-12-080.055050.055990.051220.0519118770.8964184
2024-12-070.05250.055990.051250.0548663095.3166319
2024-12-060.050090.0550.049470.052559370.0333378
2024-12-050.049480.054250.048150.050972528.239155
2024-12-040.047270.0650.046260.0493481326.6356658
2024-12-030.049210.0650.03720.0473368919.4010173
2024-12-020.052390.056280.04770.0486558191.86909

Analysis

The asset experienced a significant downtrend over the last 30 days, moving from a peak in early December to a low at the end of the period. High volatility is evident, particularly in the early to mid-December. The trading volume also shows considerable variation with a spike at certain high and low price points. The most recent period shows decreased volume and less price volatility, consolidating around 0.036-0.037, suggesting the formation of a potential bottom. A recent decline with lower trading volume indicates reduced selling pressure, which may be a pause before a potential reversal. The initial sharp decrease may have been driven by significant selling pressure as reflected in high volume but has decreased. Overall, the asset is in a phase of downward movement consolidation with a possibility of a change in trend.