To paraphrase the legendary Michael Scott: I know exactly what is going on with the market, but in a much more real sense, I have no idea what is going on with the market. The market cap still grows, $302,895,534,636 at the moment. Just for comparison, it was around $100,000,000,000 the 1st of August, around $150,000,000,000 1st October, $180,000,000,000 1st November. It’s just crazy. Unbelievable!
Bitcoin maintained its dominance, still at 53.7%
First, let's take a look on our starting eleven:
And what can I say here? Just 2 months ago the optimistic predictions were that Bitcoin could reach $8000.00 by the end of 2017. And look at it now at $9735.33! Pretty sure it will hit $10000 in the next 24h. Normally, it should find serious resistance there. But, what's normal these days?
IOTA had a bit of a cool down but now it's pushing to $1.00 again.
Ehereum grew 33.58% in the last 7 days. Litecoin 27.03%, Monero 22.54%, Dash 40.48%, and so on...
Bgold made its first apperance in the starting eleven. It's just crazy...
Now, let’s see top 10 winners of the day:
I wrote about today's winner Cardano on previous occasions. A great project, that should be worth much more in the future.
We have also EOS and IOTA back on this list, and the other ones are not that interesting.
And now the losers:
It must be really hard to be a looser in times like these. I was never near any of the coins from this list, and I think I’ll keep it that way.
I’ll just mention the infamous winner, MobileGo so you could check it out if you really want to.
That’s it for today, I’ll be back tomorrow with more interesting movements on the market.
Until then, STAY SAFE AND HODL!
Source: Coin Market Cap
DISCLAIMER: I am not a financial advisor. All thoughts in this post are my personal opinion and not a financial advice. You should always do your own research before any investment.