My Neighbor Alice token Performance Analysis
Open Analytics Bounty: ETH (December 4)
π Introduction
Cryptogaming has long been hailed as one of the fastest routes to achieving wider awareness of digital assets; But due to the relatively weak position, most blockchain games have not been able to attract many people. But My Neighbor Alice may change everything!
π What is βMy Neighbor Aliceβ?
My Neighbor Alice is a multiplayer construction game that can captivate not only blockchain gamers, but also general gamers through its entertaining story and blockchain-based visual features.
This game is centered around the world of "Alice" and contains a series of islands where anyone can buy and develop land using their creativity. The game has a quirky design like βAnimal Crossingβ, but also has a strong decentralized finance (DeFi) element, which makes it even more appealing to the cryptocurrency audience.
The My Neighbor Alice game has a narrative-driven story and is a way of social interaction and creativity; Because players are able to build their own fields and show off what they have created to friends and other players. Most of the items in the game are provided by NFTs, which are completely owned by the player.
The game is developed by βAntler Interactiveβ, a mobile and virtual reality game studio that has several popular games under its belt, including Krystopia and SVRVIVE: The Deus Helix. The company is led by CEO and finance expert Anna Norrevik, who has experience working in prestigious global companies including Credit Suisse and Accenture.
Alice, the game's native sovereignty token, was launched in March 2021 at the Binance Launch Pool, shortly after the February 2021 SHO (a new method of fundraising, introduced by DAOMaker).
π What makes ==βMy Neighbor Aliceβ== unique?
The My Neighbor Alice game is designed in such a way that both gamers and DeFi users will be interested in it. The game has a wide range of features that help it cater to such a large target community.
In this game, players are able to use a variety of Decentralized Finance (Defi) features, including:
1οΈβ£ Lending
2οΈβ£ Sticking
3οΈβ£ In-game blockchain-based assets
π Comparing ==My Neighbor Alice== with Decentraland
Currently, with other blockchain construction games such as DecentraLand and Sandbox, My Neighbor Alice has no direct competitors.
Among these, Decentraland is certainly the most similar; Because it uses a similar system to separate pieces of land to build players. Both games have limited space: as a result, lands become scarcer over time. Both games enable users to monetize their skills by creating their own assets β albeit in a different way. In My Neighbor Alice, users can create their own NFT tokens using in-game tools and then sell these assets on the domestic market. Both are open world games; But Decentraland uses semi-realistic 3D graphics, while My Neighbor Alice has a graphic like Animal Crossing game.
The native token of this game is called ALICE. This token is made by Ethereum ERC20 standard. Of course, this token is also built on BSC and SOLANA chains.










π Purposes of dashboard
In this dashboard, the performance of the "My Neighbor Alice" project token "ALICE" has been evaluated from the following aspects:
1οΈβ£ Price
πΉ Metrics:
- ALICE Price per Day (Max/Average/Min Price)
- Range of Price Changes
- Price ATH
- Maximum Price Changes
- Events List by Token Price
- ALICE Price vs. ETH Price & ALICE Price vs. BTC Price
- Correlation between (ALICE,ETH) & (ALICE,BTC)
2οΈβ£ Liquidity pools
πΉ Metrics:
- Date of Creation of ALICE Pools on Different Platforms.
- Amount of ALICE Balance in Different Pools.
- ALICE Transfers in Different Pools
- Input Volume-Output Volume (ALICE)
3οΈβ£ Transfers
πΉ Metrics:
- Number of Senders & Receivers & Transfers
- Volume of Transfers
- Statistical Data: ALICE Transfers
- Top 20 ALICE Receivers/senders Based on Transfers Count
- Top 20 Addresses with the Most ALICE Tokens Collected
- Classification of Receivers/Senders Based on Volume
- Distribution of the Number of ALICE Receipts/Transfers
4οΈβ£ Swap
πΉ Metrics:
- ALICE Swap Volume/Count per Month
- Daily Statistical Data
- Top 20 ALICE Buyers/Sellers based Purchase/Sales Volume/Count
- Classification of ALICE Sellers/Buyers Based on Volume
- Distribution of ALICE Purchases/Sales Count
- ALICE Swap Volume on DEXs
- Distribution of Tokens Swapped with ALICE
βπ» Methodology
-
In this dashboard, the following tables are used to extract data:
ethereum.core.fact_hourly_token_prices
β This table is used to analyze the ALICE currency price.ethereum.core.dim_dex_liquidity_pools
β The data in this table has been used to check the status of liquidity pools including this token.ethereum.core.ez_token_transfers
β This table has been used to evaluate the number and volume of transfers of this token between different addresses.ethereum.core.dim_labels
β In a part of the dashboard, the top addresses that recorded the most ALICE token transfers were analyzed. In that section, the information of this table was used to find the label of those addresses.ethereum.core.ez_dex_swaps
β This table has been used to extract data related to the volume and number of swaps and generally information about the ALICE token swap.
-
Range of Price Changes (Ropc) β
max(price)-min(price) as "RoPC"
β The difference between the maximum price and the minimum price of ALICE token every day.
Data is related to March 15, 2021 onwards.
π§ Observations
- The highest recorded price for ALICE token is 37.03 USD. (March 15, 2021) The average price of ALICE token on this day was 27.08 USD.
- From March to June 2021, the price trend of ALICE token has been almost downward except for the end of April. Then, from the beginning of July to the end of November (November 25), 2021, the price of this token enters a strong upward phase, and from December 2021, at the same time as the winter of the crypto market, the price of the Alice token enters a strong downward trend, which is still ongoing.
- Ignoring the price changes in the first days, the most price changes for Alice were recorded on August 25. (Alice's price changed $6.28 USD on this day)
- Alice's price changes in the past days and weeks have reached less than 5 cents.
- The chart below shows almost the most important events of the My Neighbor Alice project. According to this chart, the activity of this project has dropped significantly since May 2022. In general, this project has recorded a total of 6 important events since the beginning of 2022.
π§ Observations
The correlation coefficient between the price of Alice and ETH is strong and positive, and the correlation between the price of Alice and BTC is very strong. These results show that the price of Alice token is strongly influenced by the price of Bitcoin and changes according to its changes.
π§ Observations
- There are a total of 5 pools for Alice token. Alice currency pairs in these pools are: USDC, USDT and WETH.
- ALICE-USDT UNI-V2 LP pool has the highest balance of ALICE.
- The ALICE-WETH UNI-V2 LP pool has had the largest volume of ALICE token transfers so far.
- The largest input/output volume of Alice to/from these pools is related to July 2021.
π§ Observations
- The highest number of Alice transfers was recorded in July 2021 (9,094 transfers). In this month, 141 unique addresses of Alice tokens have been sent to 2,136 other unique addresses.
- Almost on most days, the number of Alice receiving addresses was more than the number of sending addresses of this token.
- In November 2022, on average, each sender address sent Alice token to 3 recipient addresses.
- In the months of July and November 2021, there were the most senders and receivers of Alice tokens, respectively. The highest number of transfers in 2022 was recorded in November. (2,935 transfers)
- The highest volume of transfers was recorded in November 2021 (457.9M $USD). Since this month, Alice's transfer volume has entered a downward trend.
- Alice's transfer volume in October 2022 is the lowest.
- On average, about 774k Alices are transferred between different addresses every day.
- Since the beginning, more than 239k Alice has been transferred between different addresses in half of the days.
- On average, about 58 addresses send Alice tokens to other addresses daily. The average number of Alice token receiving addresses is equal to 61 addresses.
- The top three recipients of Alice in terms of the number of transfers and the number of senders:
- ALICE-WETH UNI-V2 LP π₯
- Binance14 π₯
- ALICE-USDT UNI-V2 LP π₯
- Top three Alice senders in terms of number of transfers and number of receivers:
- Binance14 π₯
- Binance15 π₯
- Binance16 π₯
- The three addresses that have collected the most Alice tokens since the beginning:
- Binance8 π₯
- Binance hot wallet π₯
- 0x0c1b02555dca489507ddf0d4fdc979a9cbcefa8f π₯
- The top three senders of Alice tokens in terms of the volume of sent tokens:
- Binance14 π₯
- 0xce97c365625b9ead199da368e0062a8580540a39 π₯
- Binance Deposit Wallet π₯
- The top three recipients of Alice tokens in terms of the number of tokens received:
- Binance14 π₯
- 0xb8d3519238b29879b14db55c1bcd0bb99bb4bb6f π₯
- Binance8 π₯
- Most recipients have received amounts between 100 and 1000 USD. (10 to 100 Alice)
- About 14.9k addresses have received Alice tokens only once.
- Most senders have sent amounts between 1000 and 10000 USD of Alice token. (100 to 1000 Alice)
- About 8.5k addresses have sent Alice tokens only once.
π§ Observations
- The highest number of swaps was recorded in July 2021. In this month, 979 unique addresses bought Alice tokens during 2418 swaps. Similarly, on this day, 575 different addresses sold their Alice tokens during 1767 swaps.
- The lowest activity of users in the field of Alice swap tokens was recorded in April 2022.
- The highest volume of Alice swap was recorded in November 2021. (Alice's purchase volume in this month was more than the sales volume.)
- In the past months, the volume of Alice swap has decreased significantly.
- Since the beginning of 2022, except for the months of February and August, the total volume of sales has been greater than the volume of purchases in almost all months.
- Currently, the average daily sales volume is higher than the average daily purchase volume (43.9k USD vs. 44.2k USD). This is while the average number of Alice's purchase transactions has been more than its sales.
- The top three addresses in terms of purchase volume:
- 0x848d47d6a68fc0ce61e234257fa7024c59d331dc π₯
- 0xa962795062d910a41a4f6546761e1199aabe2f5e π₯
- 0x8e8f818d3371f797a2db7edb32803607c8b3c6a9 π₯
- The top three addresses in terms of sales volume:
- 0xa962795062d910a41a4f6546761e1199aabe2f5e π₯
- 0x8e8f818d3371f797a2db7edb32803607c8b3c6a9 π₯
- 0xa6807d794411d9a80bc435dfc4cda0ba0ddde979 π₯
- The top three addresses in terms of the number of purchase transactions:
- 0xa962795062d910a41a4f6546761e1199aabe2f5e π₯
- 0x8e8f818d3371f797a2db7edb32803607c8b3c6a9 π₯
- 0x848d47d6a68fc0ce61e234257fa7024c59d331dc π₯
- The top three addresses in terms of the number of sales transactions:
- 0xa962795062d910a41a4f6546761e1199aabe2f5e π₯
- 0x8e8f818d3371f797a2db7edb32803607c8b3c6a9 π₯
- 0xa6807d794411d9a80bc435dfc4cda0ba0ddde979 π₯
- Most Alice sellers sell a volume between 1000 and 10000 USD. (100 Alice to 1000 Alice)
- Most users buy a volume between 10 and 100 Alice.
- 1951 unique users have been sellers of Alice tokens only once. Similarly, 2966 users have bought this token only once.
- The largest volume and number of Alice currency swaps are recorded in Uniswap v2.
- The largest volume of Alice swaps is with WETH.
π‘ Conclusion
In this dashboard, the performance of ALICE token was evaluated from many aspects. ALICE is an Ethereum token that powers My Neighbor Alice, a blockchain-based multiplayer game that lets players build virtual homes, farms, and more. Some of the most important results obtained in this dashboard are:
β First, the Alice token was analyzed in terms of price performance. Ignoring the price of Alice in March 2021, the highest price of this token was recorded in late November 2021. After this date, the price of Alice entered a strong downward trend, which is caused by the conditions prevailing in the crypto market. On the other hand, Alice price correlation with BTC and ETH price was evaluated. The results show that the correlation coefficient of Alice's price with these currencies is very high, especially Alice's price is strongly influenced by BTC price fluctuations.
β In the next step, Alice's liquidity pools were evaluated. The number of these pools is limited and on the other hand Alice is paired with only three currencies WETH, USDC and USDT in these pools. On the other hand, the highest balance is related to the ALICE-USDT pool.
β In the next step, the volume and number of Alice's transfers between different addresses were evaluated. The results show that the volume of Alice transfers has been decreasing since the beginning of 2022. This is while the number of transfers of Alice has been fluctuating in a certain range and has not had a certain trend. On the other hand, the address related to the Binance exchange has recorded the most transfers.
β In the last step, we analyzed the swap status of this currency. The results show that in recent months the volume of ALICE swaps has decreased significantly. On the other hand, in recent months, the volume of sales has been higher than the volume of purchases. Among the different currencies, ALICE is most exchanged with WETH.
Analyst: Emanoel
***Twitter: ***
Discord: Eman#9698
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Special thanks to the Flipsidecrypto π§‘