Market data as of 2:09pm, 27 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: $8.36 to $8.97 (▲7.27%)
Volume: $81,096,000 to $185,722,000 (▲129.01%)
Cap: $742,322,380 to $794,958,071 (▲7.09%)
An article recently posted on Bloomberg read that Anthony Di Iorio, co-founder of Ethereum and billionaire crypto investor, was personally invested in Qtum and Vechain, amongst other Chinese blockchain projects. Needless to say, having such a big and reputable name openly backing the Qtum project has drawn attention to the project and we are seeing a lot of volume surging in.
QTUM is trading at a huge discount from its highs in January. For reference, it even crossed the $100 mark at one point. As can be seen from the article, QTUM seems to be a project that is fundamentally strong and backed by reputable people in the blockchain space.
Price: $5.11 to $5.49 (▲7.44%)
Volume: $6,184,360 to $12,001,000 (▲94.05%)
Cap: $81,131,330 to $86,758,515 (▲6.93%)
The Monaco team has been active in attending blockchain forums and summits and spreading the word about Monaco. Upcoming events include the Blockchain Open Forum in Seoul and the 2018 Asia Blockchain Summit in Taipei.
MCO is similarly trading at much lower levels than its highs right now. Without a major fundamental catalyst, the price of MCO would likely continue to move with the market, which is currently moving in a downward direction.
Bitcoin Diamond (BCD)
Price: $1.93 to $2.00 (▲3.22%)
Volume: $1,051,270 to $761,795 (▼27.54%)
Cap: $296,982,941 to $307,280,040 (▲3.46%)
Bitcoin Diamond has lost a lot of its valuation ever since its inception late last year. It’s price has dropped all the way from $85 to the current levels and has been trading around this level since May, without much price action or trading volume.
There hasn’t been much interest around the project for quite some time already, as can be seen from the perpetually low trading volume. Without any fundamental development, it is unlikely that we will see much price movement from BCD.
Price: $2.70 to $2.90 (▲7.29%)
Volume: $434,404 to $763,520 (▲75.76%)
Cap: $41,565,466 to $44,711,142 (▲7.56%)
TokenPay has been releasing multiple updates and partnership announcements to their community and the announcements are being warmly received. Esports.io, an esports betting platform will be releasing soon, which will be resold B2B with payments in TPAY. Their CEO, Derek Capo, also recently concluded an Asian Business Tour, where he went around to discuss potential partnerships with different businesses.
After trading sideways for quite some time, we might see some upwards movement in the price of TPAY as the team has been very active in their business efforts recently and we can expect more announcements to come from the team.
Price: $0.233408 to $0.237050 (▲1.56%)
Volume: $5,994,060 to $6,954,290 (▲16.01%)
Cap: $42,370,585 to $43,366,150 (▲2.34%)
Bluzelle recently announced that MarketProtocol will be joining the Bluzelle ecosystem and using their decentralized cloud storage services. Bluzelle also has an upcoming event in early July where they will be unveiling the next phase of their project development.
The price of BLZ very recently tested its all-time lows just 2 days ago but seems to be rebounding of it as an increase in trading volume came in to prop the price up once it reached those low levels. Bluzelle is an asset that can be considered cheap right now and has recently garnered price support, so there might be a lower downside risk.
(Market data source: CoinMarketCap)