Market data as of 10:33am, 21 May 2018.
Disclaimer: The views and claims expressed here are not meant as an alternative form of investment advice. Every investment move involves risk, and you should consult professional financial advisors for guidance or conduct your own research before making a decision.
Price (USD): $0.001127 to $0.001380 (▲21.88%)
Volume: 2,734,160 to 3,559,090 (▲30.17%)
Cap: 149,762,482 to 183,877,410 (▲22.78%)
Holochain strays away from conventional blockchain technology by combining “hashing, digital signatures and Distributed Hash Tables (DHTs) to form a tamper-proof distributed ledger”. (Holo, Medium) It seeks to resolve efficiency issues faced by blockchain by eliminating the need for global consensus.
Holochain recently completed their ICO on the 28th of April, raising 30,202 ETH ($21.4 Million at that time) in total. Trading of the temporary HOT ERC20 tokens has commenced on several exchanges such as IDEX and Fatbtc, as well as decentralized exchanges such as Ethershift. HOT has quickly moved into the top 100 cryptocurrencies within just a month of trading, indicating growing interest in the project and its uniqueness.
As the token is still in its early stages of inception, it has a huge potential for growth as more people gain interest in it.
Price (USD): $0.614803 to $0.724597 (▲17.80%)
Volume: 57,579,200 to 124,146,000 (▲115.61%)
Cap: 606,810,561 to 739,377,661 (▲21.85%)
Bytom recently appeared and shared at several blockchain events in the US as well as in South Korea, raising more awareness about their project and drawing support from various communities. These events include NYC Blockchain Without Boarders Summit, BlockchainTechForum, Seoul700Blockchain Industrial Meetup and GlobalIssue2018 in Seoul.
Several exchanges such as OKEX and Bibox have also announced support for the BTM token swap to Bytom Mainnet Tokens, improving the accessibility of the token swap for holders of the ERC20 token.
The launch of the Bytom Mainnet and increased support of token swap from exchanges has renewed interest in the project and the token price is expected to perform positively with a large influx of trading volume.
Price (USD): $1.48 to $1.68 (▲14.02%)
Volume: 811,181 to 720,570 (▼11.17%)
Cap: 533,022,600 to 604,509,337 (▲13.41%)
Witnet, a decentralised oracle network, recently announced a technical partnership with the RChain Cooperative, drawing attention to both cryptocurrencies.
While the RHOC token price has experienced good gains over the past day, the trading volume has not been convincing for price-strength confirmation.
Price (USD): $0.070173 to $0.078027 (▲12.23%)
Volume: 217,477,000 to 509,330,000 (▲134.19%)
Cap: 4,613,715,939 to 5,130,108,183 (▲11.19%)
The TRON token price is performing well in anticipation of the TRON Mainnet release and migration from the Ethereum network at the end of the month. One of the most hyped coins in the market, the upcoming main net launch could result in a significant increase in the number of developers launching DApps on the network.
The current hype around TRX could signal that the token is set for a massive bull run. Depending on the success of the launch of the main net, the price of TRX is expected to see a large change in the coming week.
Price (USD): $7.27 to $8.09 (▲11.76%)
Volume: 68,801,800 to 73,715,700 (▲7.14%)
Cap: 832,999,029 to 927,864,670 (▲11.38%)
Ontology recently pre-released its MainNet v0.8 on github, signalling that the project is well on its way to the actual main net launch. There has also been speculation around the its links with NEO, as both foundations signed a Memorandum of Understanding concerning technology and strategy integration.
ONT has been performing very well since the past 2 months and has been on a big uptrend. The token is expected to continue on this uptrend, especially with the positive news and updates the team has been churning out.
Huobi Token (HT)
Price (USD): $4.14 to $4.74 (▲11.15%)
Volume: 268,652,000 to 142,031,000 (▼47.14%)
Cap: 207,223,328 to 236,795,447 (▲14.27%)
Continuing with the momentum from the previous week, the Huobi token showed good gains over the past day after seeing a quick correction in its price over the weekend.
While the token is performing well, previous expectations of a fall in surge of popularity seems to be holding true as can be seen from a sharp decline in trading volume.
Price (USD): $0.037667 to $0.040851 (▲11.76%)
Volume: 3,545,930 to 4,467,050 (▲25.98%)
Cap: 387,065,694 to 419,932,549 (▲8.49%)
Digibyte recently tweeted that Coingate, which allows for cryptocurrency payment integration on other websites, will be adding Digibyte as a payment option. Coingate’s service works with many different altcoins and users can simply pay with the altcoin and Coingate will settle the payment in either Bitcoin or fiat. This means that more companies can integrate Digibyte as a payment solution and increase the awareness about the project.
DGB has been doing well over the past month and should continue to do so.
Price (USD): $0.358957 to $0.383356 (▲8.06%)
Volume: 1,321,250 to 1,840,150 (▲39.27%)
Cap: 162,446,856 to 173,488,682 (▲6.97%)
The MAID team announced that they have been invited to participate in the Decentralized Web Summit in San Francisco. The team was also interviewed about the SAFE network for a BBC Radio Scotland show recently, spreading word about the project.
While on the positive side today, the MAID token appears to be on a downtrend that it has yet to break out of since June of last year.
Price (USD): $60.14 to $63.39 (▲7.01%)
Volume: 80,637,400 to 93,295,400 (▲15.69%)
Cap: 3,909,223,500 to 4,120,493,000 (▲5.40%)
On May 18th, CNNMoney Switzerland aired an interview with the creator of NEO, Da Hongfei. The continued growth of several notable NEO-based projects such as Ontology could also partly explain the boost in the price of NEO.
Sometimes known as the Chinese Ethereum or the Ethereum Killer, NEO is a fundamentally sound cryptocurrency with a strong following. It is projected to do well going into the second half of 2018 as more NEO-based projects launch and develop.
Price (USD): $0.049855 to $0.052692 (▲6.85%)
Volume: 32,358,100 to 36,943,100 (▲14.17%)
Cap: 418,785,360 to 442,616,160 (▲5.69%)
CEO and Co-founder of IOST, Jimmy Zhong, recently spoke at the 2018 NYC Blockchain Center Tech and Invest Summit, spreading the word about scalability and the applications of the IOStoken.
There has also been speculation about a potential listing on Korean exchange, Upbit, though its yet to be known whether these are merely rumours.
IOST has been on a good uptrend run since March this year and the uptick in price today follows a previous correction to the coin’s price since it’s highs about a week ago.
(Market data source: CoinMarketCap)