WZM

Fundamental Analysis

Introduce

WOOZOO MUSIC is a project for music, singers, and fandoms in the virtual world (VR) and the real world, who are running a successful business in the huge music market around the world.Famous artists from all over the world create music content in WZM, issue it with NFT tokens, and grant copyrights.At this time, WZM holders can own the music copyright, trade, and generate revenue.In addition, holders can purchase concert tickets and goods with WZM tokens, participate in fan meetings, vote for new artists, and participate in album production.All ecosystems of WZM that can already be met in the real world will be able to meet through the WZM metaverse world in the future.As such, through the WZM platform, you can enjoy your favorite music, invest in the music industry, and contribute to the virtuous cycle structure of the music and token ecosystem.

BasicInfo

Technical Analysis

Kline Data

Analysis

The asset experienced significant volatility and a general downtrend over the past 30 days. Initial prices were higher, reaching peaks around 0.000162, but then faced substantial selling pressure. Towards the end of the period, the price crashed to a low of 0.0000651, with significant volume spikes during the downtrend, indicating strong bearish sentiment. While there are a few periods of consolidation and short upward price movements, the dominant trend is downward. The last day of the analyzed period saw a significant price decrease and high volume, suggesting further potential downside. A potential short-term rebound is possible but should be considered within the context of the prevailing downtrend.