After a general upwards trend from Bitcoin following its February 6 low of US$6,000, today marks the first major downtrend from the cryptocurrency. After nearing $12,000, the coin has dropped significantly, and is currently trading close to $10,700. As is usually the case, the significant drop has caused widespread losses among a majority of altcoins. Of the 1,516 cryptocurrencies listed on Coinmarketcap.com, only 28 have seen USD gains of 1% or more. While a majority of these coins consist of undocumented market caps, as well as coins with negligible volume and market cap, a top performing member of this group isPowered by WPeMatico
As the day progresses, we are witnessing some interesting trends in the world of cryptocurrency. With most markets in the deep red right now, it’s all the more surprising the Lisk price is in the green. More specifically, its value has increased by 13.25% in the past 24 hours. As a result, we now have a Lisk price of over $26, even though it initially peaked well above $33 earlier today. Lisk Price Gets a Massive Pump As is usually the case in the world of cryptocurrency, hype and speculation can result in some very odd price movements. In the
Anyone who took a look into Experience Points (XP) over the summer is undoubtedly wondering how the project grew from the tiny $350,000 market cap over 1000 times to what it is currently trading at. XP is currently trading at a price of about 1/5 of a penny, and sits at rank 61 on Coinmarketcap. Experience Points, which first launched in 2016 and was relaunched this past summer, is reminiscent of the types of coins launched in 2014 and 2015. Like older coins, the only real distinction XP provides is the mining algorithm, distribution rates rates, and total supply. XP does provide
It has been a rather interesting past few weeks for the Cardano cryptocurrency. Although most people still aren’t sure why this currency is around or why the Cardano price is so high, things are certainly firing on all cylinders. Thanks to more strong gains over the past 24 hours, we have seen the Cardano price surge to $0.50 once again. This also pushes the currency’s market cap all the way to $13bn, which is rather impressive. Cardano Price is Uber Bullish Although we have seen most altcoins rise in value throughout 2017, there are still a lot of questions when