Market data as of 10:24am, 11 June 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: $73.47 to $82.83 (▲12.74%)
Volume: $1,083,060 to $1,610,160 (▲48.66%)
Cap: $148,728,273 to $168,702,063 (▲13.42%)
Out of the top 100 cryptocurrencies, Veritaseum is the sole digital asset in the green today at the time of writing. Veritaseum is in the process of getting their broker/dealer license approved by US regulatory bodies. The team has also been making progress in “Veritizing” physical assets such as gold and silver, releasing videos showing live demonstrations of the process.
In a market where most players are in the red, investors might seek to put their money in what may be deemed as safer assets such as gold and silver, and they might be aligning Veritaseum with such assets because of their recent progress. If they do manage to obtain the license as well, VERI would have a lot of credibility from the perspective of investors.
Price: $0.144304 to $0.153064 (▲6.07%)
Volume: $15,340,700 to $21,601,800 (▲40.81%)
Cap: $51,197,448 to $54,709,930 (▲6.86%)
There has been a lot of hype around QuarkChain ever since its ICO and listing on Binance. We can see that in the trading volume, which is almost half of the market cap of the asset.
QKC’s price has been extremely volatile, as is typical of very new projects that newly list on Binance, including an initial price dump following the listing. Investors should be cautious when investing in such newly Binance-listed cryptocurrencies as many people who got in during the ICO would be taking profits.
Price: $0.008105 to $0.008369 (▲3.25%)
Volume: $4,838,410 to $3,044,830 (▼37.17%)
Cap: $65,502,588 to $67,549,469 (▲3.12%)
Storiqa has been actively announcing listings on several exchanges the week and is also in the process of voting for listing on OKEx. The Beta version of their marketplace was released at the end of May and the price of STQ has since traced back after the price essentially multiplied by 5 times in the days leading up to the release.
STQ is trading at about a 50% discount since its hyped up highs. Although it is much cheaper now to buy STQ than at its highs, investors should also note that the price is still about double that of the period just before the release of their marketplace.
Trade Token (TIO)
Price: $0.440355 to $0.463122 (▲5.17%)
Volume: $974,138 to $1,063,490 (▲9.17%)
Cap: $39,837,893 to $41,644,595 (▲4.53%)
Trade Token recently announced that they would be launching an unprecedented airdrop campaign. Holders of their TIO tokens will be entitled to exclusive airdrops of different altcoins. This would be a contributing factor to the price increase of the token as investors will get more value for money by getting free airdrops.
The price of TIO seems to be on an uptrend since late April, despite many other players in the market seeing pullbacks. TIO is also on several popular exchanges such as OKEx. However, the trading volume of the token is still on the relatively low side and it needs more volume to solidify the strength of the trend.
Price: $0.510086 to $0.516208 (▲1.20%)
Volume: $1,411,710 to $982,268 (▼30.42%)
Cap: $30,370,401 to $31,429,880 (▲3.48%)
Havven will be launching nUSD, a stable coin similar to Tether or TUSD, in their network today. This launch also signals the release of the Havven payment network, which the team claims will improve the current state of the ecosystem that lacks a secure medium of exchange.
The team has been delivering on the promises of their roadmap, which is essential for the trust and confidence of investors.
(Market data source: CoinMarketCap)