Market data as of 11:51am, 7 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: $3.39 to $3.88 (▲14.42%)
Volume: $12,471,300 to $31,244,000 (▲150.52%)
Cap: $791,449,373 to $904,457,311 (▲14.28%)
Aeternity is the top market performer today among the top 100 cryptocurrencies. This result comes in as two major exchanges, OKEx and Bithumb announced that they will be listing AE on their platforms.
Development-wise, the most recent dev update contained information that the team is releasing version 0.15.0 on their Testnet today. According to them, the release aims to provide a working Bitcoin-NG consensus so that their æpps team can start enjoying faster speeds because of much smaller block times.
From a technical analysis standpoint, AE has held well above its 50- and 100-day moving averages and seems to be looking to test new highs. Investors should keep in mind that AE has already more than doubled in valuation since the end of April.
Price: $0.125310 to $0.137090 (▲9.41%)
Volume: $44,263,500 to $73,769,600 (▲66.66%)
Cap: $921,735,941 to $1,004,769,206 (▲9.00%)
Zilliqa has just announced their listing on Zebpay exchange, as well as KryptonoEx and GOPAX. The team has also been active attending at attending meetups and conferences to spread the word about how they are using sharding to revolutionize blockchain efficiency.
ZIL has been on a tear since they listed on Binance in March this year, achieving a $1 Billion market valuation in just a very short period of time. ZIL has bounced off its 50-day moving average, which indicates price support at that level and looks to be moving higher up. However, the trading volume is not at the same high levels at it was at during early May.
Price: $1.98 to $2.16 (▲8.86%)
Volume: $3,125,200 to $6,310,820 (▲101.93%)
Cap: $147,978,051 to $161,277,187 (▲8.98%)
Enigma is an interesting project focusing on secret contracts and secret voting. Last week, they gave a talk at the San Francisco Token Curated Registry Meetup, explaining more about their Secret Voting system. Enigma is also scheduled for their Mainnet launch in Q3.
ENG has been holding well above its 200-day moving average, but just recently broke above the 50- and 100-day as well. This indicates a strong level of support, particularly on its 200-day moving average.
Price: $1.36 to $1.57 (▲15.16%)
Volume: $3,033 to $72,449 (▲2288.69%)
Cap: $92,583,439 to $107,170,400 (▲36.33%)
While the magnitude of the green numbers next to the trading volume might shock you, it should be noted that the previous trading volume of PAYX was practically non-existent.
Investors should be wary of such cases where an asset has very low trading volume as it means there is basically no liquidity for the asset and a much higher risk on the investment. PAYX is also currently not trading on any of the widely used exchanges, which would explain the low volume.
Price: $0.061047 to $0.072097 (▲18.10%)
Volume: $8,750,950 to $9,543,110 (▲9.05%)
Cap: $55,303,153 to $65,285,007 (▲18.05%)
CyberVein’s Project Manager, Jack Ge, attended the Blockchain International Show in London which just took place. The team is also working on network essentials, “such as a p2p network protocol, basic account functionality…, and a temporary consensus algorithm”, according to their blog update. Investors can follow their developmental progress on their GitHub page.
CVT is seeing decently high trading volume relative to its valuation. The influx of volume and price movement could indicate that it is setting up to test new highs.
(Market data source: CoinMarketCap)