CRYPTO-WEEKLY THE NUMBERS: MARKET NEARLY TRIPPLES GROWTH RATE GAINS $16BILLION IN 7 DAYS#0039

in #investing7 years ago

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Market Overview.
The market reached a new all-time high again this week peaking at $158.9Billion, it grew by 12.13% in the last 7 days against the previous week's 4.52% gaining $16.79Billion to close (GMT+9) at $155.262Billion. Volume traded in the last 7 days was $43.45Billion a 4.52% week on week decline While in the last 24Hr the market declined by 0.72% and volume traded was $5.137Billion a 21.61% growth from the previous day. A total of 865 cryptocurrencies grew by 10, 223 Assets grew by 8, and 5321 grew by 140 market pairs were traded. Bitcoin's market dominance decreased slightly from 46.2% beginning of the week to 45.3% of the total market cap.

TOP 10 BY MARKET CAP

RANKCOIN/ASSETMARKET CAP (BILLION$)% 24HR%7 DAY
1BITCOIN BTC70.350-2.5111.59
2ETHEREUM ETH32.2041.9412.38
3BITCOIN CASH10.1411.13-11.16
4RIPPLE XRP7.697-3.3614.13
5LITECOIN LTC3.19210.3731.68
6DASH DASH2.708-4.6134.13
7IOTA IOTA2.499-2.886.93
8NEM XEM2.4952.3814.45
9MONERO XMR2.0221.6664.93
10NEO ANS1.880-0.4813.32
-TOTAL135.188-0.8611.08
-OTHERS20.0740.2920.39

In course of the week, our biggest gainer was XMR gaining 64.93% returned to the board evicting ETC to claim No.9 spot, while DASH moved up two spots to No.6 pushing IOTA, NEM, and NEO one spot down to No.7, 8 and 10 respectively. On the flip side BCH was our only loser with an 11.16% decline in growth. The top Ten cryptos combined market cap rose by 13.32% in 7 days to close at $135.18Billion, while OTHERS grew by 20.39% in the last 7 days.

PARAMETERPREV WKCURR WK% W/W
7 DAY VOL45.513B43.455B-4.52
AVG DAILY MKT CAP141.45B151.711B+7.25

TOP 5 BIGGEST GAINERS AND LOSERS IN 7DAYS

RANKCOIN%GAINEDCOIN% LOST
1Slevin SLEVIN+270.73Digital Developers Fund DDF-69.09
2HodlCoin HODL+244.12First Bitcoin Capital BITCF-68.21
3Linx LINX+172.69Boolberry XBB-59.41
4ColossusCoin CV2+161.61BitAsean BAS-54.44
5SpectreCoin XSPEC+135.85WA Space WA-53.81

NEW LISTINGS

COINSYMBOL
BITFIDFID
EOT TokenEOT
UlatechULA
BRATBRAT
WaltonWTC
AureusAURS
TierionTNT
MonacoCoinXMCC
SIGMAcoinSIGMA
NamoCoinNAMO
AchainACT
BitqyBQ
BiblePayBBP
AdcoinACC

ICO

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  • Avalon AVA is a premier members-only platform, and the first GPO (group purchasing organization) that represents the cryptocurrency consumer-base and its purchasing power. The Avalon Platform will allow members to realize discounts on goods and services they purchase, as well as the opportunity to earn tokens by participating in promotions, scanning proof of purchases, playing games, utilizing p2p smart contracts and so much more, all housed under one exclusive roof. By leveraging the accumulative purchasing power of those supporting the Avalon Network (our membership base), we will negotiate and advocate on our member’s behalves to secure exclusive discounts on goods and services, as well as become an advocacy group for cryptocurrency. Using our people, our data and our ability to connect members of the many cryptocurrency communities into one powerful location, Avalon will allow cryptocurrency and its users to increase its utility without requiring vendors to change their infrastructure. Launched 25/08 For more HERE

NEWS

Can't Be Evil: The Google-Inspired Case for Blockchain-CoinDesk

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SOURCE:CoinMarketCap
SEE PREVIOUS POST [CRYPTO-DAILY THE NUMBER: BITCOIN AND ETHEREUM COMBINED CAP CROSSED $100BILLION AS MARKET RETURNS TO GROWTH PATH#0038] (https://steemit.com/investing/@cryptoinvestor/crypto-daily-the-number-bitcoin-and-ethereum-combined-cap-crossed-usd100billion-as-market-returns-to-growth-path-0038)

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Thanks for the rundown. Great analysis.

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