Small-Cap Executives Utilize In-Kind Cryptocurrency to Finance DATs: Report
In-Kind Crypto Contributions: Small-cap companies are increasingly using in-kind crypto contributions to fund digital-asset treasuries (DATs), which poses significant risks to retail investors due to the reliance on unlisted or hard-to-value tokens.
Declining Investor Confidence: Many DAT stocks are trading below the value of the crypto they hold, with some companies experiencing over a 65% drop since launching their DAT plans, leading to a decline in investor confidence.
Risks of Illiquid Tokens: The trend of using illiquid tokens for funding exposes retail investors to greater risks, as insiders often control the pricing and trading of these tokens, which can lead to drastic share price fluctuations.
Examples of Market Impact: Companies like Tharimmune Inc. and Flora Growth Corp. have seen significant losses after raising funds through in-kind contributions, highlighting the volatility and risks associated with this funding method in the current market environment.
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Technical Analysis for CC
Technical Sentiment Analysis for Canton Network (CC) As of , Canton Network (CC) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 3 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Canton Network (CC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.115 | 0.135 | 0.155 | 0.176 | 0.195 | 0.216 | 0.236 |
| Fibonacci | 0.135 | 0.151 | 0.16 | 0.176 | 0.191 | 0.2 | 0.216 |
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