What is Artrade (ATR) coin?
Artrade is the first web and mobile application that allows users to easily browse, purchase, create, and store NFTs and physical art pieces. Built on the Solana blockchain, this project offers an excellent user experience, aiming for an intuitive UI similar to frequently used social media platforms like Instagram or Twitter. Artrade secures its competitiveness with a 5% transaction fee and offers unique advantages through the REAL protocol and decentralization.
Recent Issues and News
Artrade (ATR) coin has garnered significant attention in recent weeks. The main reason is the introduction of a technological standard by the Artrade platform for tokenizing real-world art pieces. This technology adds digital presence without altering the physical value or condition of the artworks, providing visibility and new commercial opportunities. Additionally, it allows for programmable liquidity in decentralized markets. Artrade’s REAL protocol, in particular, ensures transaction security by utilizing smart contracts on the Solana blockchain.
Market Performance
Artrade (ATR) coin has seen a 696% price increase over the past year, outperforming the overall cryptocurrency market. However, it experienced a -39.29% decline over the past month, reflecting a volatile market environment. Currently, ATR coin is actively traded on major exchanges such as Gate.io, MEXC, and Poloniex, with a recent 24-hour trading volume of approximately $1.91 million.
Technical Innovation
Artrade uses the REAL protocol to authenticate physical artworks on the blockchain with NFC chips, linking these artworks to NFTs to enhance transparency and trust in transactions. This protocol aims to increase transparency in the art market and implement a fair business model that provides greater rewards for artists. Additionally, ATR token holders can benefit from discounts within the platform and participate in a staking program that offers up to 25% annual returns.
Current Price and Chart Analysis
Current Price: $0.015801
Chart Analysis
24-Hour High: $0.015999
24-Hour Low: $0.012134
24-Hour Trading Volume: 16.55M ATR
24-Hour Total Trading Amount: $231.83K
24-Hour Increase Rate: +26.36%
Indicator Analysis
On the current 1-hour candlestick chart, ATR/USDT shows a continuous upward trend. The following moving averages (MA) are used as indicators:
•MA 5: $0.015570
•MA 10: $0.014969
•MA 15: $0.014588
•MA 30: $0.013836
The volume indicator, based on the SMA 9, records 208.726K, indicating a steady increase in trading volume.
Comprehensive Forecast
Overall, Artrade (ATR) is likely to maintain positive momentum in the short term due to its recent strong uptrend and high trading volume. However, considering the recent significant price fluctuations and downward trends, investors should exercise caution. In the medium to long term, the integration with the Solana blockchain and the growth potential of the NFT and physical art markets suggest a positive outlook, but careful attention to market volatility is advised.
Conclusion
Artrade (ATR) is likely to show positive movement in the short term based on its current uptrend and market interest. However, given the highly volatile market conditions, cautious investment is necessary.
