Market data as of 10:24am, 14 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: $110.10 to $118.66 (▲7.77%)
Volume: $1,717,280 to $2,280,560 (▲32.80%)
Cap: $218,684,000 to $237,328,000 (▲8.52%)
Digix is a platform that tokenizes Gold on the Ethereum blockchain and allows for secure and transparent trading of tokens that are backed by physical Gold. In a market that would appear to most as a bearish one, Digix might be appealing to investors as holding DGD tokens would allow them to claim rewards based on transaction fees collected in DGX, which is their token that is backed by Gold.
People might be expecting an increase in trading activity of DGX and hence stocking up on DGD, as Gold would be a less risky asset in uncertain times.
Price: $0.502311 to $0.539884 (▲7.48%)
Volume: $100,285,000 to $79,166,900 (▼21.06%)
Cap: $487,552,338 to $529,732,647 (▲8.65%)
Several exchanges are supporting the BTM Mainnet token swap. Most recently, Kucoin has announced that it will be supporting the swap as well.
Bytom’s Mainnet has been launched since late April and the price of BTM has since come back down after a strong run-up leading up to the Mainnet launch. Investors who like the project can get in at a 50% discount comparative to its highs in April.
Price: $3.56 to $3.80 (▲6.49%)
Volume: $1,185,130 to $1,194,380 (▲0.78%)
Cap: $154,507,148 to $172,237,256 (▲11.47%)
There do not appear to be any fundamental development or announcements from the team to justify the price movement in CNX.
The trading volume of CNX has gone up quite a bit ever since they developed cards for direct exchange of cryptocurrencies between users. However, CNX was unable to maintain an upward momentum and has continued to come down.
Price: $1.95 to $2.06 (▲5.69%)
Volume: $22,941,200 to $64,243,400 (▲180.03%)
Cap: $770,704,475 to $798,912,467 (▲3.66%)
Binance has announced that they will be supporting the ICX Mainnet swap and adding an ICX/USDT trading pair, leading to a price run up.
The price of ICX has come down a lot from its highs in January. It still remains as one of the largest blockchain projects out of South Korea. ICX would require a catalyst to trigger more trading volume before we might get a run up as the price has been trending down for a while now.
Price: $0.167270 to $0.187008 (▲11.80%)
Volume: $447,702 to $845,261 (▲88.79%)
Cap: $47,095,550 to $52,355,055 (▲11.16%)
Docademic has some positive price action today and holds the top spot within the second page of CoinMarketCap, alongside another health-related asset, Medishares.
There does not appear to be any fundamental trigger for the price movement today so it could just be that investors deem MTC to be undervalued right now.
(Market data source: CoinMarketCap)