ICO and cryptocurrency market analysis, 2018
General dynamics of the crypto-currency market, 2018.
As of 2018 the aggregate capitalization of cryptocurrencies has fallen by 83.70% from its maximum value of the year at $823.9 billion, registered on 07.01.2018, and amounted to $134.3 billion. Thus, the total capitalization in the 2018 has broken the uptrend of the previous year.
The Bitcoin market capitalization has decreased by 75.49%: from $287.6 billion to $70.5 billion.
From the beginning of the year the total altcoins capitalization (excluding Bitcoin) has decreased by 88.09%: from $536.3 billion to $63.8 billion. Dynamics of decrease of the altcoins capitalization has outstripped a corresponding dynamics of the Bitcoin by 12.6%
The DRI index (market capitalization, cleared of “dead” and non-traded coins) has decreased by 84.90% from its maximum value of the year at $722 bn (07.01.2018), to $109 bn (31.12.2018).
The Bitcoin price has decreased by 71.57% (from $13445 to $3822).
The price of Ethereum, the second currency on capitalization in the 2018 has decreased by 81.73% (from $756 to $138).
This year Bitcoin dominance significantly increased by 0.18% (from 0.35% to 0.52%). Ethereum dominance decreased by 0.03% (from 0.13% to 0.10%).
Top categories of ICO in terms of collected funds in the 2018.
- Cryptocurrency ($6.6 billion);
- Infrastructure ($4.3 billion);
- Finance ($3.1 billion);
- Communications ($2.5 billion);
- Trading & Investing ($1.8 billion);
- Entertainment & Media ($1.4 billion);
- Other ($998.2 million);
- Software ($885.0 million);
- Business services ($847.8 million);
- Commerce & Advertising ($724.8 million);
The top categories by the number of ICOs conducted.
Top 5 ICO projects by category
|Cryptocurrency||CryptoMillionsLotto ($None)||HDCoin ($None)||Online ($None)||DIG Coin ($None)||Bamboo ($None)|
|Infrastructure||FundersToken ($None)||Rego ($None)||12SHIPS ($None)||McFly.aero ($None)||Howdoo ($None)|
|Finance||Chubex ($None)||SURETY.AI ($None)||Bamboo ($None)||Labrys ($None)||OKMCoin ($None)|
|Communications||RECORD Foundation ($None)||Howdoo ($None)||ZeroState ($None)||CheckCar ($None)||Blupass ($None)|
|Trading & Investing||Bamboo ($None)||OnPlace ($None)||4Lions ($None)||Spindle ($None)||Property Coin ($None)|
|Entertainment & Media||STRYKZ ($None)||CryptoMillionsLotto ($None)||Arcona ($None)||efir ($None)||Howdoo ($None)|
|Other||Tracoin ($None)||Property Coin ($None)||Globatalent ($None)||Fractal Token CrowdSale ($None)||CookUp ($None)|
|Software||DEEP AERO ($None)||Attention Network ($None)||Online ($None)||Bamboo ($None)||SURETY.AI ($None)|
|Business services||CheckCar ($None)||OKMCoin ($None)||SelfPay ($None)||MaxData ($None)||Coinepic ($None)|
|Commerce & Advertising||Digitize ($None)||MaxData ($None)||Blockscart ($None)||EkkBaz ($None)||Rouge ($None)|
Top 5 countries of origin ICO.
Top 10 Gainers and Losers
Top 10 gainers and losers of the 2018 were identified. When researching the market, the analysts of the Digital Rating Agency (DigRate) took into account only cryptocurrencies with an average daily trading volume of at least $ 1M.
Top 10 gainers:
|Name||Ticker||Volume (24h)||Price (31.Dec)||Growth %|
|Bluzelle||BLZ||$ 6,130,962.3||$ 0.0416867654||101069.73|
|Decentraland||MANA||$ 1,514,459.5||$ 0.0460108471||221.63|
|EOS||EOS||$ 580,438,775.1||$ 2.5516806066||138.7|
|Genesis Vision||GVT||$ 1,254,486.0||$ 4.0093683996||87.55|
Top 10 losers:
|Name||Ticker||Volume (24h)||Price (31.Dec)||Growth %|
|Kyber Network||KNC||$ 1,189,106.1||$ 0.1537117066||-98.78|
|Metal||MTL||$ 1,156,251.2||$ 0.2490286387||-97.75|
|TenX||PAY||$ 8,729,940.1||$ 0.252151748||-90.01|
|OmiseGO||OMG||$ 21,835,126.8||$ 1.3707692771||-88.07|
|Viberate||VIB||$ 1,077,726.5||$ 0.0230519833||-83.13|
|Qtum||QTUM||$ 56,613,999.6||$ 2.2044262684||-82.23|
|Veritaseum||VERI||$ 2,302,712.2||$ 16.5973234733||-81.92|
|Stratis||STRAT||$ 5,430,823.9||$ 1.0772252695||-80.87|
|Lisk||LSK||$ 1,747,522.0||$ 1.3530300678||-79.34|
|Golem||GNT||$ 50,570,544.0||$ 0.068182025||-78.26|
ICO market analysis, 2018.
During the 2018 2691 ICOs were completed, 359 of them failed to collect the soft cap. 750 project got into Dead category: these are projects that do not have a running website, or projects whose leaders were prosecuted or now are under investigation on fraudulent activities. The amount of collected funds in 2018 is $21.8 billion.
The number of ICOs and collected funds in 2017:
|Conducted by ICO/$||1005/7.8 billion||2691/21.8 billion|
|Active/$||230/5.1 billion||299/11.9 billion|
|Dead/$||420/2.7 billion||750/10.0 billion|
The amount of ICO compared to the 2017 has proved to be greater by 1686 projects (167.76%), and total amount of funds — greater by $14.0 billion (179.93%).
In the 2018 $7.6 billion was collected by the five largest projects in total, and 55.98% ($4.2 billion) of it fell to the share of EOS.
Top-5 projects by the amount of raised funds, 2018:
|EOS||EOS||$ 4.2 billion|
|Telegram Open Network||GRAM||$ 1.7 billion|
|Petro||PTR||$ 735.0 million|
|TaTaTu||TTU||$ 575.0 million|
|Dragon||DRG||$ 320.0 million|
|Total collected by top 5||7.6 billion|
The second place with $1.7 billion of raised funds is occupied by project Telegram Open Network. Petro gets the third place, having raised $735.0 million. The list of leaders in the 2018 is closed by TaTaTu and Dragon, with $575.0 million and $320.0 million, respectively.
Top-5 projects of the 2019
Analysts of the Digital Rating Agency (DigRate) selected 5 most promising projects, pre-ICOs and ICOs of which are scheduled for 2019.
Coindaily (Business Platform), Pre-ICO —
IOV (Protocol), Pre-ICO —
BitValve (Cryptocurrency), Pre-ICO —
Advanced p2p crypto exchange platform
Trecento Blockchain Capital (Banking), Pre-ICO —
All-in-one blockchain investment solution
SOMESING (Big Data), Pre-ICO —
Music service - karaoke app
During 2018 the cryptocurrency market was in downtrend and the total market capitalization has decreased by 83.70% compared to the 2017. During 2018 the price of the dominant currency Bitcoin has decreased by 71.57%. The price of Ethereum, has decreased by 81.73%.
Bluzelle, Decentraland and EOS have become the gainers of the2018, the price of their tokens increased by 101069.73%, 221.63% and 138.7% respectively. Kyber Network, Metal and TenX turned out to be the losers of the year.The ICO market in 2018 demonstrated an increase of the amount of funds raised during the ICO in comparison with 2017 by 179.93%. The greatest interest of the audience was caused by projects from the category Cryptocurrency, Infrastructure and Finance.
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