BENQI ($QI ) Market Overview & Technical Analysis

1. Current Price & Market Performance

Live Price: ~$0.00125 – $0.00145 USD

24-Hour Range: Low of $0.00124 / High of $0.00153

Market Capitalization: ~$8.9M – $10.4M USD

Circulating Supply: 7.2 Billion QI (100% max supply circulating)

2. Technical Analysis & Sentiment

Market Sentiment: Neutral to cautious. Short-term price action remains constrained within a narrow range with low overall liquidity.

Liquidity & Volume: The token exhibits relatively low 24-hour trading turnover. Consequently, modest buy or sell orders cause noticeable percentage price fluctuations.

Key Support Level: $0.00120 USD. Holding this floor is critical to preventing further downside pressure toward all-time lows.

Key Resistance Level: $0.00150 – $0.00155 USD. A clean break above this bound on increased volume would be necessary to establish a bullish structural pivot.

3. Key Drivers & Risks

FactorDescriptionAvalanche Ecosystem CorrelationAs a primary lending and liquid staking protocol on Avalanche, QI's performance closely tracks Avalanche (AVAX) network activity and Total Value Locked (TVL).Macro Crypto Market ImpactAltcoins with smaller market capitalizations are sensitive to major movements in Bitcoin (BTC) and broader risk-on or risk-off macro shifts.Supply DynamicsWith the maximum supply of 7.2 billion tokens reached in circulating supply, inflationary unlocks are no longer a primary dilution risk.
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