$USUALUSDT
Reply to Square @Bottom-Level People Coin has a message
😘 Quantitative relationship analysis + Market capitalization circulation analysis for short-term and value investment.
Technically:
Since going live on the 18th, it has been 10 days until today.
The market is relatively stable compared to older coins and shows relative strength. The overall market decline has not had a significant impact.
The main force's control over the market is very strong, analyzed in three steps:
1. From the 18th to the 21st, the price experienced a rise and fall: there was significant turnover, but the price did not show a large decline.
2. From the 21st to the 25th, there was a price increase without volume. Pure retail investor behavior, but the large buy on the 23rd pushed the price up slightly.
3. From the 25th to today, the market has entered a weak phase, with trading volume significantly shrinking, and showing a bearish arrangement of moving averages. From yesterday to today, a minor volume-price divergence bullish signal appeared.
4. From my oscillation filter, it has fallen into a no-volume oscillation range.
Technically (as shown below): Today focus on 1.22 resistance. 1.43 In the short term, I still don't see a strong upward movement.
In terms of value investment:
Market Capitalization 566,124,672 USD
Fully diluted valuation 589,236,800 USD
24-hour trading volume 341,536,857 USD
Total locked value (TVL) 1,737,713,559 USD
Circulating supply 482,232,705
Total supply 501,919,930
Maximum supply 4,000,000,000
The market cap is only 580 million, a very small market cap. The current circulation is very small, and the main chips are concentrated in the hands of the project party. To put it bluntly, it is fully controlled. No need to elaborate further. In any case, I will not participate in spot trading or consider this coin for value investment for now! No need to rush, right? Let the bullets fly for a while, what's the harm?
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