DD&Analysis on WiMi Hologram Cloud Inc. ($WIMI)

After a largely scary day yesterday, we have all made it through the short-term cortisol release for today’s gains. With this being said, I want to spread the news on here prior to reaching out on other social media about $wimi.

This AR company has been making waves with its innovative approaches, particularly its exploration of blockchain sharding storage models to enhance data efficiency.

$wimi is currently priced at $0.92, following a 9.33% gain on the last trading day (11th Dec), rising from $0.84. During the last trading day, the stock fluctuated 18.02% from a day low at $0.86 to a day high of $1.021. The price has risen in 6 of the last 10 days and is up by 15.41% over the past 2 weeks.

Volume has increased on the last day along with the price, which is a positive technical sign, and in total, 3 million more shares were traded than the day before1. In total, 3 million shares were bought and sold for approximately $3.00 million.

The 52-week high of $1.87 and an all-time high (ATH) of $24.74 empirically leaves a lot of upward action left on the table. MOST NOTABLY, the upcoming 2025 year will have major product launches and potential partnerships on the horizon1.

If you've missed out on other AR tech plays, wimi might be worth a closer look. Given the recent volatility, I’d recommend gauging the price action for a few days before pulling the trigger, but I certainly have already positioned myself and will continue to add as we approach these dates1.