Market data as of 10:31am, 19 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: $0.000415 to $0.000485 (▲16.70%)
Volume: $38,502 to $115,015 (▲198.72%)
Cap: $132,465,449 to $157,663,357 (▲19.02%)
Similar to Docademic, the top gainer yesterday, Dentacoin is a healthcare related asset. The difference being that Dentacoin is specialized in the dental aspect. There has not really been any fundamental announcement or development leading to the price movement today, other than a general market rebound.
DCN has been trading almost sideways ever since it got a strong pull back after an early January run up. The liquidity of the coin is also on the lower end and it needs a catalyst to spark more interest in the project.
Basic Attention Token (BAT)
Price: $0.229648 to $0.258125 (▲12.40%)
Volume: $3,043,500 to $4,273,940 (▲40.42%)
Cap: $229,763,000 to $258,125,000 (▲12.34%)
Basic Attention Token are attempting to disrupt the digital advertisement market and they have achieved certain milestones that push them forward along that goal. It was just released that their Brave browser has reached 2.8 million monthly active users and has over 16,000 publishers.
On the technical analysis aspect of things, BAT is testing its moving averages from the bottom and if it can break above it and hold, it might signal a continuing run up. More volume would also be needed for the break out to be truly big.
Price: $10.84 to $12.00 (▲10.64%)
Volume: $171,080 to $669,262 (▲291.19%)
Cap: $94,245,964 to $104,940,349 (▲11.34%)
Factom recently secured a grant from the U.S. Department of Homeland Security for beta testing of a platform that aims to secure border patrol data. This is a step in the right direction for the project and it showcases the legitimacy of their project. Factom also recently concluded their hackathon, which saw many new ideas being shared among the community.
Factom isn’t seeing much trading volume at the moment despite the announcement. It is currently still trading below its moving averages but appears to be curving up to test them.
Price: $0.154890 to $0.194511 (▲25.58%)
Volume: $2,704,470 to $2,789,160 (▲3.13%)
Cap: $55,425,507 to $69,946,156 (▲26.19%)
We covered SONM just yesterday and stated that if might be on the verge of a break out run after breaking through its moving averages from below. Indeed, SONM has continued its run up and is continuing to gain trading volume which could give it the momentum to continue up higher.
On the other hand, investors should be cautious about entering a long position on an asset that has already made more than a 30% move up.
Price: $0.154890 to $0.043911 (▲25.58%)
Volume: $18,223,400 to $56,666,000 (▲3.13%)
Cap: $41,250,535 to $50,104,664 (▲26.19%)
IoTeX just announced a partnership with CertiK. The strategic partnership would allow IoTeX to benefit from CertiK’s ability to verify platforms and smart contracts in order to further ensure security within their ecosystem. The partners will also continue to work together to further advancements in blockchain and smart contract security.
The price of IOTX has gone through a typical listing reversal ever since it got listed on Binance at the start of June. The trading volume and buy pressure is starting to pick up now and we can expect to see some more upside.
(Market data source: CoinMarketCap)