Learning From Uptrennd Growth After CMC Listing

in #cryptocurrency5 years ago (edited)

Hello! Friends,

If you don't monitor, you can't control. If you don't quantify, you can't qualify. If you don't engage, you can't analyze. by samest


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The above quote brought about a quick recap from lesson learned just last month. In case you forget or you are new on this platform, its exactly 1 month Uptrennd token was listed on CMC and a post was published through my account to monitor the progress of this token and also to show friends and colleagues the reality locked up in this great project. To be able to judge for yourself you can have a look at the Pt 1 of Learning from Uptrennd Growth by samuel

Uptrennd so far proven as the home of crypto as its growth go beyond expectations by the so called uptrennd though they are working tirelessly but the community members never stop promoting this project following the huge benefits attached to the project.

Last month, CMC listed Uptrennd token which was ranked 2085 and was great thing to see our dear token on coinmarketcap list. The business of blogging and promoting continued and new users were welcomed. The quantitative analysis of this project shows that everyone is welcome bu you need to be properly guided if you must earn great reward. On the other hands, "qualitative" analysis show that if you deliver or publish high quality post on this platform you have great reward with great attention. Uptrennd is known for interaction, don't be left out!

CMC Review After One Month Of Listing

The listing started with 2085 rank and following the journal released by coinmarketcap on 30th of August 2019, their is possibility of a change in the present ranks of all listed coins. Uptrennd token (1UP) had no marketcap as at when it was listed, but here is the present state of Uptrennd token:

Uptrennd Rank: #1569

Market Capitalization: $63,545 and in 24hrs: $14,192

Total Supply: 1,000,000,000 1UP

All Time High: $0.052641

All Time Low: $0.008036

As the use case of Uptrennd platform increase it affects the growth the growth and the token price. As at the time the token was listed on coinmarketcap, the coin withdrawal from the platform Uptrennd was work in progress, I use was because at the moment the withdraw is active.

On Friday, 6th of September 2019, 1UP closed with a rise of 9.51% in price ($0.014067 to $0.015404), though I sighted this as a drop because at some point, 1UP was at $0.018296 before it was closed at $0.015404.

Their is possibility of Uptrennd token drawing closer to top 200 on CMC following the rank segmentation announced by CMC in their latest blog dated August 30th and expected to release the said update September 2, which is still under review.

From the rank segmentation, there are three categories, which are:

  • CryptoAssets 1 - 200: This asset must duly meet some requirement like, marketcap mUst be verified by CMC, strength in a number of listing areas, trading liquidity significance and many more.

  • CryptoAssets 201+*: This asset not necessarily need to fulfill some requirements in number category but market capitalization is the key

  • Unranked CryptoAssets: This asset are those with no market capitalization verified by CMC but they are only sorted by 24h trading volume.

With this new rank segmentation by CMC, it will draw out good project and makes investor see clearly where to invest.

Uptrennd is growing day by day and in case you still doubt tge project, give it as trial by signing up here or send me direct message on telegram after two weeks or a month write your story.

The Pt 3 comes next month, thanks for reading.

Reference

https://blog.coinmarketcap.com/2019/08/30/updated-ranking-methodology-new-liquidity-metric-soon/amp/#click=https://t.co/oOFfcliqG5

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I started to make a presence on that platform but the website is so slow that does not provide a good user experience.

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