ICO and cryptocurrency market analysis, 2018 | Digital Rating Agency

ICO and cryptocurrency market analysis, 2018

31.12.2018

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.


The leading categories by collected funds for the 2018 were have become ICOs:
  1. Cryptocurrency ($6.6 billion);
  2. Infrastructure ($4.3 billion);
  3. Finance ($3.1 billion);
  4. Communications ($2.5 billion);
  5. Trading & Investing ($1.8 billion);
  6. Entertainment & Media ($1.4 billion);
  7. Other ($998.2 million);
  8. Software ($885.0 million);
  9. Business services ($847.8 million);
  10. Commerce & Advertising ($724.8 million);


The top categories by the number of ICOs conducted.


Most of the projects were conducted by ICO in the Cryptocurrency (744 projects) category. A little less popular was the category Infrastructure with 560 projects. Then follows the category Trading & Investing with 464 projects. Behind it with a small margin is the category Business services, in which ICO 426 projects are registered. The top five in the number of conducted ICO is closed by the category Entertainment & Media with 417 projects.


Top 5 ICO projects by category

Category 1 2 3 4 5
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.

Country Share, %
USA 12%
Singapore 10%
United Kingdom 5%
Estonia 5%
Switzerland 4%


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:

Index 2017 2018
Conducted by ICO/$ 1005/7.8 billion 2691/21.8 billion
Active/$ 230/5.1 billion 299/11.9 billion
Failed/$ 225/0 359/0
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:

Name Ticker Funds raised
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.

  1. Coindaily (Business Platform), Pre-ICO — 31.01.2019.
  2. IOV (Protocol), Pre-ICO — 15.01.2019.
  3. BitValve (Cryptocurrency), Pre-ICO — 02.01.2019.
    Advanced p2p crypto exchange platform
  4. Trecento Blockchain Capital (Banking), Pre-ICO — 01.10.2019.
    All-in-one blockchain investment solution
  5. SOMESING (Big Data), Pre-ICO — 11.02.2019.
    Music service - karaoke app


Conclusion

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.