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

ICO and cryptocurrency market analysis, October 2018

01.11.2018

ICO and cryptocurrency market analysis, October 2018

General dynamics of the crypto-currency market ( from 01.10.2018 to 31.10.2018.)


As of 31.10.2018 the aggregate capitalization of cryptocurrencies has fallen by 3.75% from its maximum value of the month at $217.1 billion, registered on 07.10.2018, and amounted to $209.0 billion. Thus, the total capitalization of October continues the downtrend of the previous month.


The Bitcoin market capitalization has decreased by 1.48%: from $114.0 billion to $112.4 billion.

From the beginning of the month the total altcoins capitalization (excluding Bitcoin) has decreased by 6.27%: from $103.1 billion to $96.6 billion. Dynamics of decrease of the altcoins capitalization has outstripped a corresponding dynamics of the Bitcoin by 4.79%


The DRI index (market capitalization, cleared of “dead” and non-traded coins) has decreased by 9.33% from its maximum value of the month at$193 bn (01.10.2018), to $175 bn (31.10.2018).


The Bitcoin price has decreased by 3.83% (from $6595 to $6343).
The price of Ethereum, the second currency on capitalization in October has decreased by 14.31% (from $231 to $198).

This month Bitcoin dominance significantly increased by 0.01% (from 0.53% to 0.54%). Ethereum dominance decreased by 0.01% (from 0.11% to 0.10%).


Top 10 Gainers and Losers


Top 10 gainers and losers of November 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.Oct) Growth %
MobileGo MGO $ 2,680,467.1 $ 0.744291439 279.82
Moeda Loyalty Points MDA $ 1,217,222.4 $ 1.3081335843 214.47
ChainLink LINK $ 6,665,321.0 $ 0.5477695528 202.84
Electroneum ETN $ 1,013,376.9 $ 0.0186270848 91.79
Genesis Vision GVT $ 6,005,014.7 $ 11.6686968093 44.34
Odyssey OCN $ 2,496,272.7 $ 0.0092883576 25.85
Agrello DLT $ 3,592,904.3 $ 0.098177075 23.57
Aeron ARN $ 3,530,347.3 $ 0.7143196622 21.96
adToken ADT $ 1,506,856.7 $ 0.0154102709 17.98
0x ZRX $ 9,881,159.3 $ 0.7826195761 17.74


Top 10 losers:

Name Ticker Volume (24h) Price (31.Oct) Growth %
Ubex UBEX $ 2,817,791.4 $ 0.0013625376 -92.36
Selfkey KEY $ 4,113,527.8 $ 0.0016467609 -75.8
Fusion FSN $ 1,269,414.6 $ 0.879915923 -73.28
Elastos ELA $ 1,349,966.2 $ 5.9820666882 -67.99
Medicalchain MTN $ 1,288,741.4 $ 0.0219413765 -65.79
Nebulas NAS $ 9,113,600.0 $ 1.4736803756 -65.73
Ontology ONT $ 20,055,161.5 $ 1.6467873148 -64.1
Gems GEM $ 24,612,212,384.3 $ 0.0029699423 -63.82
Tezos XTZ $ 2,133,476.9 $ 1.2979980442 -63.69
Arcblock ABT $ 1,997,862.4 $ 0.1857547756 -63.31


ICO market analysis, October 2018.


During the period from 01.10.2018 to 31.10.2018 12 ICOs were completed, 6 of them failed to collect the soft cap. 1 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 October is $32.2 million.


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

Index September October
Conducted by ICO/$ 24/81.6 million 12/32.2 million
Active/$ 15/71.8 million 5/32.0 million
Failed/$ 7/0 6/0
Dead/$ 2/9.8 million 1/118887

The amount of ICO compared to the previous month has proved to be less by 12 (50.0%), and total amount of funds — less by $49.5 million (60.61%).


This month $32.1 million was collected by the five largest projects in total, and 70.81% ($22.7 million) of it fell to the share of Foresting.

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

Name Ticker Funds raised
Foresting PTON $ 22.7 million
Eternal Trusts ETT Token $ 6.2 million
RedCab REDC $ 2.9 million
HiHealth HiH $ 180000
Citizen Health MDX Token $ 118887
Total collected by top 5 32.1 million

The second place with $6.2 million of raised funds is occupied by project Eternal Trusts. RedCab gets the third place, having raised $2.9 million. The list of leaders in October is closed by HiHealth and Citizen Health, with $180000 and $118887, 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 November 2018.

  1. Viewo (Media), Pre-ICO — 10.11.2018.
    An incentivized and p2p video sharing platform
  2. PGF500 (Artificial Intelligence), Pre-ICO — 03.11.2018.
    Skyrocket your business from strategy to finance
  3. Geeba (Artificial Intelligence), Pre-ICO — 01.11.2018.
    Disruptive delivery ecosystem of robots and hubs
  4. One Solution (Investment), Pre-ICO — 08.11.2018.
    Cryptocurrency & decentralized cryptofund
  5. Sports Ledger (Artificial Intelligence), Pre-ICO — 01.11.2018.
    The future of sports


Conclusion

During this month the cryptocurrency market was in downtrend and the total market capitalization has decreased by 3.75% compared to the previous month. During this month the price of the dominant currency Bitcoin has decreased by 3.83%. The price of Ethereum, has decreased by 14.31%.

MobileGo, Moeda Loyalty Points and ChainLink have become the gainers of the month, the price of their tokens increased by 279.82%, 214.47% and 202.84% respectively. Ubex, Selfkey and Fusion turned out to be the losers of the month.