The pullback continues, today's overall market cap is $195,127,619,129 However, I’m going to wait until tomorrow before saying anything about it. It’s still too soon.
First, let's take a look on our starting eleven:
As you could expect with this market cap, Bitcoin is also down. Actual price is $7091.37 And still largely overvalued. Don’t get me wrong, I’m a big believer in Bitcoin and I think we’ll see much bigger prices in the future. But this was just too quick and unsustainable. Which is not healthy.
All other currencies here are also pretty calm (+/- 5%), probably just waiting to see which direction will Bitcoin take.
All except IOTA which is up by 7.40% (was almost 15 this morning), and that’s probably due to yesterday’s news: TiplIOTA, CarrIOTA and simulations
Now, let’s see top 10 winners of the day:
Nothing too spectacular here either. There’re already mentioned IOTA, SingularDTV (I wrote about it in Sunday’s market cap) and Stellar Lumens, a platform that connects banks, payments systems, and people. It’s a completely decentralized consensus platform designed to support any type of currency and has a built in decentralized exchange that can be used to trade any type of currency or asset.
And now the losers:
Here we have Verge on top. Another private coin… Here’s what they say about themselves on their webpage: “Our mission is to empower people around the world by bringing blockchain transactions into everyday life. Verge currency makes it possible to engage in direct transactions quickly, efficiently and privately. With Verge currency, businesses and individuals have flexible options for sending and receiving payments. With the flip of a switch, we offer helpful integrations and tools that enable them to handle large scale transactions between merchants and small scale private payments.”.
And we still have PIVX, Groestlcoin, EOS and Vertcoin going through a correction. I wrote about all of them in the last couple of days.
That’s it for today, I’ll be back tomorrow if I find some 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.