WRT
1. Fundamental Analysis
1.1 Introduce
WingRiders is an Automated market maker (AMM) decentralized exchange (DEX) on top of the Cardano eUTxO model live on the main chain. The project s code base is powered by VacuumLabs, one of the most widely respected developers in the Cardano space from its inception.Wing Riders: Only DeFi Ecosystem on Cardano with Stablecoins.Nearly 100% of the USDC and USDT on Cardano is on Wing Riders smart contracts. The net amount is growing rapidly, at a pace of 60% each week.Wing Riders is utilizing this opportunity to become the complete DeFi Hub on Cardano, a 15B+ dollars economy.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | WRT | Market Cap | 348497.03571 |
| Name | WingRiders | White Paper | -- |
| Web Site | https://www.wingriders.com | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://cardanoscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 100000000 | |
| Supply | 100000000 | Release Date | |
| Available Supply | 10732893 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.03247 | 0.03247 | 0.03247 | 0.03247 | 0.0 |
| 2024-12-31 | 0.03128 | 0.03373 | 0.03062 | 0.03247 | 1045.0049525 |
| 2024-12-30 | 0.033 | 0.0379 | 0.0288 | 0.0311 | 9394.2266495 |
| 2024-12-29 | 0.02806 | 0.02824 | 0.02806 | 0.02822 | 15.8941359 |
| 2024-12-28 | 0.02752 | 0.0308 | 0.02736 | 0.0278 | 290.473083 |
| 2024-12-27 | 0.02938 | 0.0308 | 0.02938 | 0.0299 | 186.2452436 |
| 2024-12-26 | 0.0319 | 0.0319 | 0.02737 | 0.028 | 123.6186452 |
| 2024-12-25 | 0.03534 | 0.0476 | 0.03223 | 0.03223 | 571.3976246 |
| 2024-12-24 | 0.02736 | 0.03799 | 0.02736 | 0.03168 | 1186.9946038 |
| 2024-12-23 | 0.03373 | 0.03373 | 0.03373 | 0.03373 | 4.0192668 |
| 2024-12-22 | 0.03372 | 0.03372 | 0.03371 | 0.03371 | 10.3054202 |
| 2024-12-21 | 0.0301 | 0.03578 | 0.02854 | 0.03371 | 119.7370109 |
| 2024-12-20 | 0.03073 | 0.03073 | 0.02736 | 0.02736 | 1445.5249232 |
| 2024-12-19 | 0.03428 | 0.03431 | 0.03428 | 0.03431 | 4.9997005 |
| 2024-12-18 | 0.0357 | 0.0359 | 0.02747 | 0.035 | 432.6210098 |
| 2024-12-17 | 0.03847 | 0.03876 | 0.03521 | 0.03575 | 451.8855024 |
| 2024-12-16 | 0.035 | 0.04514 | 0.035 | 0.03528 | 198.3717234 |
| 2024-12-15 | 0.03406 | 0.0459 | 0.03337 | 0.04516 | 190.340522 |
| 2024-12-14 | 0.04359 | 0.04497 | 0.0415 | 0.04497 | 35.318792 |
| 2024-12-13 | 0.04477 | 0.0479 | 0.04 | 0.04128 | 1246.7714256 |
| 2024-12-12 | 0.03906 | 0.05989 | 0.03906 | 0.04478 | 2446.5499905 |
| 2024-12-11 | 0.03183 | 0.03201 | 0.03183 | 0.03201 | 54.9782193 |
| 2024-12-10 | 0.04157 | 0.04499 | 0.03093 | 0.03906 | 814.9759914 |
| 2024-12-09 | 0.0426 | 0.0426 | 0.04 | 0.04 | 618.4496749 |
| 2024-12-08 | 0.0467 | 0.04674 | 0.0424 | 0.0424 | 506.6642344 |
| 2024-12-07 | 0.04314 | 0.04714 | 0.0418 | 0.0426 | 236.738692 |
| 2024-12-06 | 0.04245 | 0.04723 | 0.03999 | 0.04203 | 1236.2723726 |
| 2024-12-05 | 0.04163 | 0.05 | 0.04156 | 0.04425 | 599.3902035 |
| 2024-12-04 | 0.04616 | 0.04924 | 0.04 | 0.04163 | 1050.2738668 |
| 2024-12-03 | 0.04941 | 0.05455 | 0.04508 | 0.04616 | 1799.2245304 |
2.2 Analysis
The 30-day OHLCV data shows a volatile price trend with periods of significant upward and downward movements. There is no clear established trend, suggesting a sideways or consolidating market behavior in the short term. However, recent price action indicates potential for a short-term upward correction followed by a longer-term downward trend. Medium to long-term prediction is uncertain due to high volatility.
