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

ICO and cryptocurrency market analysis, November 2018

01.12.2018

ICO and cryptocurrency market analysis, November 2018

General dynamics of the crypto-currency market ( from 01.11.2018 to 30.11.2018.)


As of 30.11.2018 the aggregate capitalization of cryptocurrencies has fallen by 43.09% from its maximum value of the month at $212.9 billion, registered on 11.11.2018, and amounted to $121.1 billion. Thus, the total capitalization of November continues the downtrend of the previous month.


The Bitcoin market capitalization has decreased by 40.69%: from $110.5 billion to $65.5 billion.

From the beginning of the month the total altcoins capitalization (excluding Bitcoin) has decreased by 42.44%: from $96.6 billion to $55.6 billion. Dynamics of decrease of the altcoins capitalization has outstripped a corresponding dynamics of the Bitcoin by 1.75%


The DRI index (market capitalization, cleared of “dead” and non-traded coins) has decreased by 39.15% from its maximum value of the month at$189 bn (07.11.2018), to $115 bn (30.11.2018).


The Bitcoin price has decreased by 37.17% (from $6381 to $4010).
The price of Ethereum, the second currency on capitalization in November has decreased by 43.2% (from $199 to $113).

This month Bitcoin dominance significantly increased by 0.01% (from 0.53% to 0.54%). Ethereum dominance decreased by 0.01% (from 0.10% to 0.09%).


Top 10 Gainers and Losers


Top 10 gainers and losers of December 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 (30.Nov) Growth %
Moeda Loyalty Points MDA $ 25,779,310.7 $ 0.9328979654 124.27
ChainLink LINK $ 4,000,671.5 $ 0.3238182816 79.03
Holo HOT $ 1,923,343.7 $ 0.0005077232 26.65
Factom FCT $ 2,431,032.8 $ 12.1784972305 23.04
ProximaX XPX $ 1,587,152.4 $ 0.0049161755 16.79
Nexo NEXO $ 1,951,424.8 $ 0.1048412262 6.79


Top 10 losers:

Name Ticker Volume (24h) Price (30.Nov) Growth %
Aion AION $ 2,586,362.6 $ 0.1554556431 -85.39
ICON ICX $ 9,321,575.6 $ 0.2563676211 -84.39
Elastos ELA $ 1,726,301.3 $ 2.9301295404 -84.32
Ontology ONT $ 10,935,527.5 $ 0.7637258037 -83.35
Nebulas NAS $ 3,116,581.5 $ 0.7297494315 -83.03
Arcblock ABT $ 4,486,090.0 $ 0.0875074186 -82.71
Wanchain WAN $ 2,162,106.1 $ 0.39348046 -82.64
ZPER ZPR $ 2,205,688.8 $ 0.0018008136 -82.39
OmiseGO OMG $ 10,141,970.1 $ 1.5002520039 -80.46
FunFair FUN $ 1,528,990.6 $ 0.0050014007 -78.46


ICO market analysis, November 2018.


During the period from 01.11.2018 to 30.11.2018 15 ICOs were completed, 4 of them failed to collect the soft cap. No 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 November is $67.4 million.


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

Index October November
Conducted by ICO/$ 20/90.2 million 15/67.4 million
Active/$ 13/90.1 million 11/67.4 million
Failed/$ 6/0 4/0
Dead/$ 1/118887 0/0

The amount of ICO compared to the previous month has proved to be less by 5 (25.0%), and total amount of funds — less by $22.8 million (25.24%).


This month $57.6 million was collected by the five largest projects in total, and 32.2% ($18.5 million) of it fell to the share of AgentMile.

Top-5 projects by the amount of raised funds, December 2018:

Name Ticker Funds raised
AgentMile ESTATE $ 18.5 million
Feelium FCC $ 17.3 million
WAR FIELD GLDR $ 12.0 million
Humancoin HUMA $ 6.6 million
LeadRex LDXT $ 3.2 million
Total collected by top 5 57.6 million

The second place with $17.3 million of raised funds is occupied by project Feelium. WAR FIELD gets the third place, having raised $12.0 million. The list of leaders in November is closed by Humancoin and LeadRex, with $6.6 million and $3.2 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 December 2018.

  1. Kambria (Cryptocurrency), Pre-ICO — 01.12.2018.
  2. CWEX (Cryptocurrency), Pre-ICO — 15.12.2018.
    Future of crypto backed asset trading
  3. Qobit (Cryptocurrency), Pre-ICO — 12.12.2018.
    Social trading and investment platform
  4. Triffic (Business services), Pre-ICO — 03.12.2018.
    Using augmented reality to turn miles into money
  5. Novam (Artificial Intelligence), Pre-ICO — 10.12.2018.
    Distributed cybersecurity for iot


Conclusion

During this month the cryptocurrency market was in downtrend and the total market capitalization has decreased by 43.09% compared to the previous month. During this month the price of the dominant currency Bitcoin has decreased by 37.17%. The price of Ethereum, has decreased by 43.2%.

Moeda Loyalty Points, ChainLink and Holo have become the gainers of the month, the price of their tokens increased by 124.27%, 79.03% and 26.65% respectively. Aion, ICON and Elastos turned out to be the losers of the month.