Current price: ranges from 0.13$ - 0.145$ (approximately).
Network (Blockchain): Built on the Sui blockchain.
Project idea: A decentralized storage protocol designed for efficiently storing large files and raw data (Blobs) at low cost. It can be considered a competitor to projects like Filecoin and Arweave, but within the Sui ecosystem.
Technical and fundamental analysis of the currency:
General trend: The currency has seen a good increase over the past seven days (about +15%), indicating short-term positive momentum.
Market cap: Approximately $218 million, placing it around #156 globally. This means it is a currency with a "medium market cap," giving it room for growth but with medium to high risks.
Strengths: Strong support from the Sui ecosystem, and market demand for fast decentralized storage solutions.
Weaknesses/risks: The project is still relatively new, and its price fluctuates significantly depending on the performance of the SUI coin and the overall condition of the Altcoins market.
2. Analysis of Western Alliance stock (WAL) - US stock market
If you are trading in the US stock market (Stocks) and not crypto, the symbol #ZTCBinanceTGE WAL belongs to Western Alliance Bancorporation.
Price: Approximately $87.90.
Sector: Banking (Regional Banks).
Financial condition: The stock has recovered significantly since the regional bank crisis in 2023.
Analyst recommendations: Most recommendations lean towards "buy" or "hold," with moderate growth expectations, as the bank is currently in good financial shape.
