Analysis about
$BASED coin:
Based is super app that allow users to trade spot and future contract on hyperliquid.Also based acces most of prediction market coverage.With based card you can spend crypto to 70 miilion merchant accross the 160 country.
Mean based is trade useable app that allow user to open poition on hyperliquid in future market also in spot market.
With this based contain polymarket coverage like:
Will bitcoin hit 70k in this month?, this type of prediction also avaible on based app.
Also users can spend money in crypto term to million of merchant accross the globe through based card.
Above is the general overveiw of based coin.Let analyze it other matrix, that can the body structure of based.
Market cap of based is $19.61 million according to coinmarket cap.Also with this the FDV(fully dilluted value) of based coin is $83 million.
With this FDV based contain market sentiments(mean the mind talk about the based coin and its show on rank number from 10 to -10 in coin market cap.Sentiments of based coin today is neutal and social talking about the based coin is neagitive.
Along with this sentiments we also analyze the derivative market of based coin, the derivative market of based coin contain, open interst, liquidation map, volumes etc.
Based coin has low volume and rising open interest in 4h time fram, what this mean in context of derivative market.
When open interst increase slow and volume low this mean large capital quietly acculating the coin.
So, this all about the analysis of based coin.
#BASED #cryptocurrency #Binance #blockchain #Altcoin