Market data as of 10:28am, 28 May 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.
MyBit Token (MYB)
Price: $2.36 to $3.76 (▲58.88%)
Volume: $29,722 to $261,096 (▲778.46%)
Cap: $116,379,577 to $187,233,780 (▲60.88%)
The MyBit team has been teasing supposedly “big news” that they will be announcing this week. In their Medium post on May 22, they also mentioned that they are waiting on news from exchanges and expect their token to be listed on some exchanges very soon.
Token holders are also entitled to a token swap where they will get 36 new MYB tokens for each one of their old MYB tokens. This is due to a restructuring that they are going through, increasing the total supply of tokens in order to allow for mass adoption.
The spike in trading volume aligns with anticipation of the announcements that the team will be releasing in the coming days. The volume spike appears similar to previous ones, where a price run up follows after the volume comes in. MYB holders should keep a lookout for the news to come and react accordingly.
All Sports (SOC)
Price: $0.135812 to $0.195815 (▲44.18%)
Volume: $12,014,400 to $26,342,100 (▲119.25%)
Cap: $108,351,033 to $157,883,668 (▲45.71%)
It was announced last week that Eden Hazard, football star from Chelsea Football Club, would we joining the All Sports team as a consultant. The name and fame of the football star has drawn much attention to the sports entertainment project.
For investors who are interested in the sports entertainment industry, SOC might be one of the projects for you to look at. Their partner platform, All Football already has a very large and active football community, with an app that many football fans are familiar with.
According to their project schedule, investors can also expect a beta version of their platform in Q3.
Price: $1.79 to $2.11 (▲17.24%)
Volume: $14,206,200 to $16,607,000 (▲16.89%)
Cap: $314,469,398 to $369,704,612 (▲17.56%)
WaykiChain has been actively listing on various exchanges and has apparently just listed on their 31st exchange. They also have an upcoming Korea Products Release Conference where they will be releasing their Wallet Dapp international version and getting a ‘football superstar’ to unveil WaykiChain’s new products.
Keep a lookout for the price movement on WICC as it has been on a nice run up since April and is seeing decent trading volume.
Price: $0.213725 to $0.373313 (▲74.67%)
Volume: $6,121,680 to $13,798,200 (▲125.39%)
Cap: $63,135,453 to $101,048,178 (▲60.04%)
Docademic has been on a tear recently as John McAfee has come out in support of the project. Mr. McAfee even boldly predicted that the coin will hit $2.50 by mid July of this year, which sounds crazy since MTC is only trading at less than $0.40 right now.
As we covered before, John McAfee’s tweets and promotions of cryptocurrencies draw a lot of attention to the project and MTC is no exception.
It remains to be seen how well MTC can continue to ride this upward momentum. It is always risky to purchase coins when they are at their highs, but since MTC is quite a new player on the market, it might have some more room to grow.
Price: $0.200477 to $0.238548 (▲18.99%)
Volume: $15,733,000 to $23,800,200 (▲51.27%)
Cap: $96,824,093 to $116,577,747 (▲20.40%)
Achain presented at the recent Blockchain Festival in Vietnam, increasing awareness about the project. They have also formed a public chain alliance called the META union which includes other projects such as MatrixAI, Elastos, TrustNote, Aurora and BIT.GAME. The alliance seeks to jointly promote the public chain ecosystem.
ACT has seen price movement and a trading volume influx since April this year. Believers in the public chain ecosystem might be interested in ACT as it is trading at a good discount from it’s highs back in January and has also seen a nice pullback from a previous run up in April.
(Market data source: CoinMarketCap)