ICO and cryptocurrency market analysis, December 2018 | Digital Rating Agency

ICO and cryptocurrency market analysis, December 2018

01.01.2019

ICO and cryptocurrency market analysis, December 2018

General dynamics of the crypto-currency market ( from 01.12.2018 to 31.12.2018.)


As of 31.12.2018 the aggregate capitalization of cryptocurrencies has fallen by 4.86% from its maximum value of the month at $135.9 billion, registered on 02.12.2018, and amounted to $129.3 billion. Thus, the total capitalization of December continues the downtrend of the previous month.


The Bitcoin market capitalization has decreased by 8.20%: from $73.0 billion to $67.0 billion.

From the beginning of the month the total altcoins capitalization (excluding Bitcoin) has decreased by 0.99%: from $63.0 billion to $62.4 billion. Dynamics of decrease of the altcoins capitalization has proved to be lower than corresponding dynamics of the Bitcoin by 7.22%


The DRI index (market capitalization, cleared of “dead” and non-traded coins) has decreased by 11.38% from its maximum value of the month at$123 bn (24.12.2018), to $109 bn (31.12.2018).


The Bitcoin price has decreased by 8.94% (from $4197 to $3822).
The price of Ethereum, the second currency on capitalization in December has increased by 16.57% (from $119 to $138).

This month Bitcoin dominance significantly decreased by 0.02% (from 0.54% to 0.52%). Ethereum dominance increased by 0.02% (from 0.09% to 0.11%).


Top 10 Gainers and Losers


Top 10 gainers and losers of January 2019 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 %
MobileGo MGO $ 4,816,628.9 $ 0.5257275178 168.28
Moeda Loyalty Points MDA $ 2,311,172.1 $ 0.7915057238 90.28
ChainLink LINK $ 1,480,737.1 $ 0.2944159956 62.77
Waves WAVES $ 10,119,379.1 $ 3.1664964312 16.66
ProximaX XPX $ 4,662,110.4 $ 0.0047652787 13.21


Top 10 losers:

Name Ticker Volume (24h) Price (31.Dec) Growth %
Ontology ONT $ 9,644,512.1 $ 0.5849178613 -87.25
Tezos XTZ $ 1,059,840.7 $ 0.462678665 -87.06
Aion AION $ 1,460,662.3 $ 0.1387149745 -86.97
ICON ICX $ 3,682,722.8 $ 0.236482425 -85.6
Arcblock ABT $ 4,250,961.6 $ 0.074835933 -85.22
Mithril MITH $ 2,646,377.8 $ 0.0624164659 -82.35
OmiseGO OMG $ 35,375,468.8 $ 1.3551045953 -82.35
Kyber Network KNC $ 1,189,106.1 $ 0.1552482553 -80.32
Gifto GTO $ 2,761,105.2 $ 0.0238892207 -79.9
Metal MTL $ 2,822,235.2 $ 0.2518336367 -79.88


ICO market analysis, December 2018.


During the period from 01.12.2018 to 31.12.2018 159 ICOs were completed, 2 of them failed to collect the soft cap. 2 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 December is $160.8 million.


The number of ICOs and collected funds in November and December 2018:

Index November December
Conducted by ICO/$ 145/200.3 million 159/160.8 million
Active/$ 26/182.6 million 25/157.5 million
Failed/$ 4/0 2/0
Dead/$ 2/17.7 million 2/3.3 million

The amount of ICO compared to the previous month has proved to be greater by 14 projects (9.66%), and total amount of funds — less by $39.4 million (19.69%).


This month $114.5 million was collected by the five largest projects in total, and 41.47% ($47.5 million) of it fell to the share of Jinbi.

Top-5 projects by the amount of raised funds, January 2019:

Name Ticker Funds raised
Jinbi JNB $ 47.5 million
Spiking SPIKE $ 32.2 million
HashByte HSB $ 17.0 million
Sylo SYLO $ 10.6 million
ETERBASE XBASE $ 7.2 million
Total collected by top 5 114.5 million

The second place with $32.2 million of raised funds is occupied by project Spiking. HashByte gets the third place, having raised $17.0 million. The list of leaders in December is closed by Sylo and ETERBASE, with $10.6 million and $7.2 million, respectively.


Top-5 projects of next month.

Analysts of the Digital Rating Agency (DigRate) selected 5 most promising projects, pre-ICOs and ICOs of which are scheduled for January 2019.

  1. IOV (Protocol), Pre-ICO — 15.01.2019.
  2. Coindaily (Business Platform), Pre-ICO — 31.01.2019.
  3. Petchains (Communication), Pre-ICO — 05.01.2019.
    Direct-to-consumer decentralize platform
  4. Please (Platform), Pre-ICO — 14.01.2019.
    Transforming travel
  5. MEDICOHEALTH (Artificial Intelligence), Pre-ICO — 15.01.2019.
    The biggest doctor-patient environment


Conclusion

During this month the cryptocurrency market was in downtrend and the total market capitalization has decreased by 4.86% compared to the previous month. During this month the price of the dominant currency Bitcoin has decreased by 8.94%. The price of Ethereum, has increased by 16.57%.

MobileGo, Moeda Loyalty Points and ChainLink have become the gainers of the month, the price of their tokens increased by 168.28%, 90.28% and 62.77% respectively. Ontology, Tezos and Aion turned out to be the losers of the month.