The tokenomics and coinmarketcap:
Take time to analyze these two spectacular tools to diagnose the financial state of an asset, whatever it may be. Here you can obtain many analyses and conclusions that, combined with other indicators, give you a clear vision when investing.
Technical Informative Analysis: KITE (Num. 150)
KITE ranks 150 on CoinMarketCap with a Market Capitalization (MC) of $179.46M.
Its daily Trading Volume is notably high ($94.2M), resulting in a Volume/MC ratio of 52.49%, which underscores exceptional liquidity and volatility.
From the perspective of Tokenomics, there is a significant dilution risk.
The Circulating Supply (1.8B KITE) is only a fraction of the Total and Maximum Supply (10B KITE), leading to a Fully Diluted Valuation (FDV) of $997M, more than 5.5 times higher than the current MC.
This implies a large number of future tokens that could enter the market.
The recent cash flow indicates bearish pressure: sell orders exceed buy orders with a net outflow of -$14.52M in 24 hours. This pressure is driven by large orders, which show a sustained negative net balance ($-7.30M in 5 days), suggesting that large holders are in distribution or selling mode.#kite $KITE @KITE AI #BinanceBlockchainWeek
