WXM
1. Fundamental Analysis
1.1 Introduce
WeatherXM is building the world s largest community-powered weather network.The low-cost weather stations are designed to integrate with the project s web3 infrastructure and earn rewards by collecting and validating weather data. In less than 2 years, they have manufactured and deployed more than 5,000 stations in 80+ countries.In 2024, WeatherXM raised $7.7M in a Series A round led by Lightspeed Faction and other investors including: Protocol Labs, Borderless Capital, Arca, Alumni Ventures, Placeholder VC, Red Beard Ventures, Metaplanet, GS Futures, Consensys Mesh, Westerly Ventures, dlab, Eleftherios Diakomichalis and Juan Benet.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | WXM | Market Cap | 2460000 |
| Name | WeatherXM | White Paper | -- |
| Web Site | https://weatherxm.com | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://arbiscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 100000000 | |
| Supply | 100000000 | Release Date | 2024-05-30 |
| Available Supply | 5000000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.492 | 0.4955 | 0.492 | 0.4951 | 1471.234494 |
| 2024-12-31 | 0.4875 | 0.585 | 0.4841 | 0.4955 | 79049.275035 |
| 2024-12-30 | 0.4913 | 0.4937 | 0.48 | 0.4875 | 14123.21035 |
| 2024-12-29 | 0.5009 | 0.5035 | 0.4925 | 0.4925 | 10524.906907 |
| 2024-12-28 | 0.4973 | 0.6172 | 0.4973 | 0.5011 | 207276.932788 |
| 2024-12-27 | 0.4403 | 1.712 | 0.4308 | 0.4956 | 965939.05902 |
| 2024-12-26 | 0.5361 | 1.0723 | 0.4299 | 0.4433 | 1360798.410365 |
| 2024-12-25 | 0.481 | 0.6017 | 0.4735 | 0.5364 | 451912.107123 |
| 2024-12-24 | 0.4841 | 0.4841 | 0.4666 | 0.483 | 34243.027295 |
| 2024-12-23 | 0.4515 | 0.5122 | 0.4515 | 0.4885 | 56881.419578 |
| 2024-12-22 | 0.455 | 0.4641 | 0.44 | 0.4515 | 14361.247887 |
| 2024-12-21 | 0.4803 | 0.4905 | 0.4505 | 0.4547 | 32196.675519 |
| 2024-12-20 | 0.4725 | 0.4876 | 0.4385 | 0.4822 | 97083.816633 |
| 2024-12-19 | 0.5179 | 0.5186 | 0.4645 | 0.4739 | 99616.202268 |
| 2024-12-18 | 0.5573 | 0.5573 | 0.5169 | 0.5169 | 31949.65514 |
| 2024-12-17 | 0.5867 | 0.5867 | 0.5557 | 0.5557 | 58245.941874 |
| 2024-12-16 | 0.6025 | 0.6118 | 0.5833 | 0.5849 | 36852.33211 |
| 2024-12-15 | 0.5991 | 0.6044 | 0.5856 | 0.6032 | 11154.572226 |
| 2024-12-14 | 0.6234 | 0.6269 | 0.5986 | 0.5986 | 9242.1758 |
| 2024-12-13 | 0.6303 | 0.6325 | 0.6216 | 0.6231 | 23059.867699 |
| 2024-12-12 | 0.6219 | 0.6322 | 0.6178 | 0.6302 | 32886.03639 |
| 2024-12-11 | 0.6086 | 0.6229 | 0.5985 | 0.6206 | 69781.411507 |
| 2024-12-10 | 0.6409 | 0.6558 | 0.5882 | 0.6065 | 75122.321902 |
| 2024-12-09 | 0.6893 | 0.6911 | 0.6229 | 0.6448 | 81620.054317 |
| 2024-12-08 | 0.6885 | 0.6933 | 0.6849 | 0.6893 | 22283.233223 |
| 2024-12-07 | 0.6949 | 0.695 | 0.6828 | 0.6885 | 20045.430853 |
| 2024-12-06 | 0.701 | 0.899 | 0.6933 | 0.6958 | 196268.806753 |
| 2024-12-05 | 0.7205 | 0.7293 | 0.6899 | 0.6978 | 72955.436589 |
| 2024-12-04 | 0.7446 | 0.7596 | 0.7261 | 0.7294 | 40413.257286 |
| 2024-12-03 | 0.7038 | 0.7447 | 0.6942 | 0.7446 | 63985.02617 |
2.2 Analysis
The 30-day OHLCV data indicates a period of high volatility followed by a potential trend reversal. Short-term price action suggests consolidation or a bearish correction is likely, followed by a possible upward trend resumption. However, significant volume fluctuations warn of potential uncertainty and further price swings. Overall, the outlook is cautiously optimistic, but careful monitoring is advised due to the observed volatility.
