$Bear Review
Theodor Meowsot
Fundamental Analysis
⚠️ information is actual on 2024-04-17 ⚠️
Main info
CA: EQBtv7I3pZpMAUChef2Vrk-U1GcCE00rROuHgMJ9CvjodRZW
Token with fair launch
50% launch (the address where the launch took place is here)
48% to the liquidity pool (LP is locked here)
2% for airdrops
21000 TON less than 36 hours
The sale of the token was generally fair for a wallet with a maximum of tokens equivalent to 200 TON, you can see what happened transparently and honestly, for example here. There is no mention of % of tokens to the team, that is, only fair launch participants are present and this is alarming in terms of why the project was created and what is the interest and goal of the team?
Socials
Telegram 489 participants with a posting frequency of ~1 post per day
X (twitter) 674 participants with a posting frequency of ~1 post per day
Analysis
Maximum profit +633%
Maximum correction -76.3%
Since launch +385%
From a news point of view, there is very little information about the project, team, roadmap. However, it is worth noting that the project is under the wing of the tg: @indicaton project which has a community, product and roadmap.
From the initial launch, there were 386 participants of them
+ 210 sold 100% of their balance
+ 89 sold part of their balance
+ 65 keep and buy more
+ 20 hold
85% of all the free supply that was dropped by the fairlaunch participants went into the market (here). That is, the token is freely floating and the rate will depend on the market maker and retail traders. Is there a market maker here? A market maker is a trading participant who maintains volume and a stable price level. That is, in our cases, bots that sell buy an asset at a certain price in a certain volume, avoiding sudden movements in the price of the token.
In terms of transaction activity, there is no market maker here, because over the past
1 hour 3 transactions with a volume of ~$500
6 hours 24 transactions with a volume of ~24k$
24 hours 258 transactions with a volume of ~130k$
Everything looks organic
Technical analysis
At the moment, the asset is undergoing a correction, as can be seen from the chart for the last few days, the volume is negative (total_vol negative), that is, the asset is being sold more often than it is bought. On the other hand, there is a decrease in the total volume, which indicates a future upward or downward impulse.
Since the beginning of trading, (85.6 + 18.9-51.7 = ~52800 TON) have been removed from the liquidity pool. That is, the asset was bought at a low price and sold at a high price, thereby receiving more $Bear tokens for the same number of TON.
Launch price 1 TON = 5,000,000 $Bear that is 1 $Bear = 0.0000002 or 2*10^(-7)
At the moment (2024-04-17) 1 $Bear = 0.000005 or 5*10^(-6) and this is x25 which is a lot
Conclusion
Negative points
- The purpose has not been disclosed and why the token was created, what is the interest of the team if they do not have % of the token?
- Weak activity in the info field, ~1 post per day
Positive points
- The token launch took place as transparently and honestly as possible
- 85% of the token has been reset since launch and at the moment the price is controlled by the market
- With a healthy correction, marketing activity occurs (reward for LP)
At the moment, narrative is an important component, be it the obvious positioning that you are a memecoin. Lack of positioning makes it difficult to understand who we are? what are we for? In the ecosystem, tone is probably a common practice of mystery and understatement. But if there are good technical signals (price, ICO hand relief, correction), it would be great to have fundamental points, team, goal, narrative for a confident investment in a token (project)