Fundamental Analysis

Introduce

Mystiko is the base layer of Web3.Mystiko operates as the universal ZK SDK, enhancing the scalability, interoperability, and security of all L1 and L2 blockchains.Mystiko’s SDK enables developers to build blockchain applications that reduce costs, scale effortlessly, securely interact across chains, and protect users’ on-chain identity.Mystiko makes every blockchain a ZK blockchain.

BasicInfo

NameValueNameValue
SymbolXZKMarket Cap7901302.96709
NameMystiko NetworkWhite Paper--
Web Sitehttps://mystiko.network/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date2024-06-18
Available Supply252196073

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.032560.032560.031110.031115014.1905131
2024-12-300.033460.034690.032140.032256377.118564
2024-12-290.034220.036330.033160.033575886.8657495
2024-12-280.033240.035780.033050.0340610322.0647443
2024-12-270.033520.035920.032540.032798190.9195676
2024-12-260.035080.037060.033150.033438918.9838478
2024-12-250.03510.035660.034260.035087743.0099584
2024-12-240.035710.038390.033970.0351839779.0201749
2024-12-230.036130.038060.034230.035412091.1260234
2024-12-220.033610.038120.03340.035939551.0965114
2024-12-210.036290.039060.033470.0337512819.801673
2024-12-200.036150.03680.033440.036227574.3384388
2024-12-190.042850.042990.035720.0361625071.6308448
2024-12-180.042040.047440.036660.0428944097.1106077
2024-12-170.041390.051550.040330.0420438500.3208761
2024-12-160.036810.046650.036220.041367780.0563387
2024-12-150.036240.041580.035760.0361522805.4612219
2024-12-140.037470.03810.036140.0361410533.0069548
2024-12-130.040110.040880.036720.0373126809.6647199
2024-12-120.0430.04370.039880.0399918629.4350963
2024-12-110.044460.046730.038980.04336331.7037692
2024-12-100.05760.058110.044020.0444434564.9298664
2024-12-090.05420.060190.045860.0578251331.276779
2024-12-080.04610.0590.046030.054297933.162816
2024-12-070.04090.057680.04040.046341212.4228777
2024-12-060.03690.0550.03690.0408846989.6638265
2024-12-050.037260.04080.03620.036817646.1727706
2024-12-040.03610.039960.0360.03678578.3159653
2024-12-030.037110.04170.0340.036130658.1574713
2024-12-020.03870.060410.036410.0370972761.8445675

Analysis

The data indicates a period of high volatility followed by a sharp downward trend and a subsequent consolidation phase. Initially, there was significant upward price movement, peaking around December 9th, which involved substantial trading volume and then experienced rapid price decline.After the mid-December peak, prices consistently fell, reaching lower levels, and there are consecutive declining close price until December 15. The last fifteen days show decreased volatility and trading activity, with the price consolidating in a lower range, showing limited price fluctuations and low volume. There is a clear downward momentum followed by a horizontal trend. The most recent close price is approximately 15% below the high price seen in December and the lowest close price at the end of the period. Considering the consolidation with low volume towards the end, a breakout is possible in either direction, but current trend indicates lower prices in the short term.