Fundamental Analysis

Introduce

Zulu Network is the first Native Bitcoin DePIN Layer optimized for AI + DePIN implementations. With Zulu, everyone will have the ability to stake assets, help facilitate operation of various DePIN and AI protocols and earn on the Bitcoin Network.
Zulu is an innovative blockchain protocol that combines the security of Bitcoin with the flexibility of EVM infrastructure to foster a new decentralized economy, focus on AI & physical infrastructures, and empower users to stake their assets to power the future of DePIN innovation.
Join Zulu now and start earning and shaping the future on Bitcoin with Zulu.

BasicInfo

NameValueNameValue
SymbolZULUMarket Cap767790
NameZulu NetworkWhite Paper--
Web Sitehttps://zulunetwork.io/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://etherscan.io/Algorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date2024-11-11
Available Supply57000000

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.011450.020.011150.0134489431.0911215
2024-12-300.009050.01380.008780.0114275522.6823245
2024-12-290.009050.009550.0090.0090566287.5795081
2024-12-280.008710.009990.008480.0090566118.7181096
2024-12-270.010090.010090.00840.0087156681.2232994
2024-12-260.008990.010170.008980.0098332329.5223544
2024-12-250.009650.009650.00870.00871315.2263593
2024-12-240.008990.01070.008920.009525900.5067206
2024-12-230.010750.010960.007960.0089376410.8147975
2024-12-220.011580.011750.01060.0107768880.1601157
2024-12-210.013250.013830.011550.0115865164.9401495
2024-12-200.015110.015850.01240.0132476929.6888041
2024-12-190.013530.017310.013010.0150676169.5942878
2024-12-180.012750.015610.012020.0134969973.6738618
2024-12-170.014910.015170.012170.0127568908.696256
2024-12-160.017760.019440.014260.0148971027.6505873
2024-12-150.019750.020490.016510.0177770142.0817022
2024-12-140.023550.023670.016110.0196790581.4140706
2024-12-130.025170.025990.023480.0235667598.398207
2024-12-120.030640.031150.024630.0251549520.5440795
2024-12-110.033760.037460.028050.03042259188.1314477
2024-12-100.039480.047950.030470.03328425172.3643886
2024-12-090.034230.0540.030920.03929474410.9275453
2024-12-080.037520.04170.033520.03467432313.2744429
2024-12-070.033840.041780.033380.03724430653.3516813
2024-12-060.04050.041380.031620.03384448555.1863934
2024-12-050.038410.041780.035570.04044461406.7238084
2024-12-040.035820.041260.034710.0388726894.9139717
2024-12-030.032510.042570.032030.035966033.6516504
2024-12-020.032110.033490.029070.03253448340.2359763

Analysis

The asset experienced a significant downtrend from early to mid-December, followed by a period of consolidation and potential bottoming out near the end of December. The trading volume was exceptionally high at the beginning of the period, indicating strong selling pressure. The recent price action shows a potential reversal with a notable price increase and a significant volume spike on the last trading day. However, the recent price movement remains volatile. The closing price indicates a potential short-term upward trend. The increased volume on the final two trading days may suggest renewed interest. The long-term trend seems uncertain, and the recent activity suggests a possible start of an uptrend. The price may experience fluctuations due to the volatility. A possible bullish scenario may occur if the upward trend continues. Further price consolidation may be followed by a breakout. The asset is exhibiting a high degree of risk with both upward and downward possibilities.