NodeOps Invests $2.2M in $NODE to Advance Its AI-Driven DePIN Vision
NodeOps Enters Burn Era
- Token Burn Details: NodeOps has initiated its burn era by removing over $2.2 million worth of $NODE tokens from circulation, which constitutes 3% of the total supply, approximately 20,365,011.90 $NODE.
- Impact on Supply: This strategic reduction leads to an 18.02% decrease in the circulating supply, laying the groundwork for sustainable economic alignment.
Commitment to Transparency
- Permanent Burn Address: The tokens have been sent to a provably irrecoverable Ethereum address, ensuring that future burns are verifiable and cannot be manipulated. This move enhances the integrity of NodeOps' tokenomics.
- Future Burns: All subsequent burns will automatically be directed to this address as NodeOps generates revenue, creating a cumulative and trackable record of supply reduction.
Economic Sustainability and Growth
- CEO's Statement: Naman Kabra, co-founder and CEO, emphasizes that the burn reflects a commitment to value, trust, and transparency on-chain, reinforcing the economic backbone of their AI-powered decentralized physical infrastructure network (DePIN).
- User and Asset Metrics: NodeOps supports a network of over 700,000 users, manages assets exceeding $150 million, operates more than 89,000 machines, and connects with over 24,000 providers. The platform has generated over $4.1 million in revenue, positioning it among the top 10 global DePIN projects.
Vision for the Future
- Long-term Goals: The burn era marks a significant step in NodeOps' mission to create a transparent, verifiable, and sustainable future, integrating tokenomics with real-world growth through its AI-powered infrastructure.
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Technical Analysis for NODE
Technical Sentiment Analysis for NodeOps (NODE) As of , NodeOps (NODE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for NODE 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, NODE 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 $-.
NodeOps (NODE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0101 | 0.0119 | 0.0133 | 0.0151 | 0.0166 | 0.0183 | 0.0198 |
| Fibonacci | 0.0119 | 0.0131 | 0.0139 | 0.0151 | 0.0163 | 0.0171 | 0.0183 |
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