Market Data as of 15:00, 7 Sep 2018
Price: USD$ 4.75 (^15.55%)
Volume: $17,237,222 (^ 89.1%)
Market Cap: $75,117,562 (^16.35%)
Flow Rate: 50%, and circulating supply of 15,793,831 MCO
MCO is a prepaid metal visa card with no annual fee. The card also allows multiple currencies to be spent anywhere. In November 2017, Monaco reached the peak at $25 and started plunging and remain below $10 ever since. The loss of faith in Monaco was caused by the cessation of the asset contract feature.
The coin is most dominantly traded on Okex – 32.33% – and against BTC, ETH & USDT. On July 6, Monaco rebranded themselves as MCO and launch the first batch of VISA Cards. As a result, the price of MCO climbed up to $8.36, but it is still lower than the past glory of $25.
MCO also added a beta feature of crypto-invest in the application.
Price: $0.001237 (^ 14.87%)
Volume: $15,828,280 USD (v 38.50%)
Market: $164,427,226 USD (^ 20.25%)
Flow rate: 75% and circulating supply of 133,214,575,156 HOT.
Holochain is a scalable distributed app with data integrity. The app help users to take control of their data and online identity. The coin is still enjoying the “Binance effect” – the price of a new coin has significantly increase after being listed on Binance. The highest surge in history was 59%. Moreover, 48% of the coin in circulation is traded dominantly on Binance and against BTC & ETH.
In the last 24h, the coin continues to be bullish, and the price surged by 14.87%. However, the trading volume fell by 30.5%. Thus, it means that the price increase is back by low trading volume and so investors should be cautious.
As of press time, BTC is trading at $6520.13 and 1.13% higher than yesterday.
If Bitcoin manages to immediately rebound to the $7,200 to $7,300 range in the next 12 to 24 hours and finds some stability in the low $7,000 region, then it is possible for the dominant cryptocurrency to avoid a downtrend to mid-$6,000.
However, if BTC falls below the $7,000 support level, as seen in May and July, a drop to the low $6,000 is expected.
As BTC continues to fall, small market cap cryptocurrencies have been suffering a hit for eight consecutive months.
Source: Numbers are curated from CoinMarketCap