ICO and cryptocurrency market analysis, second half of 2018
General dynamics of the crypto-currency market ( from 01.07.2018 to 31.12.2018.)
As of second half of 2018 the aggregate capitalization of cryptocurrencies has fallen by 56.51% from its maximum value of the half-year at $297.4 billion, registered on 29.07.2018, and amounted to $129.3 billion. Thus, the total capitalization of the second half of 2018 continues the downtrend of the previous half-year.
The Bitcoin market capitalization has decreased by 38.69%: from $109.2 billion to $67.0 billion.
From the beginning of the half-year the total altcoins capitalization (excluding Bitcoin) has decreased by 57.57%: from $146.9 billion to $62.4 billion. Dynamics of decrease of the altcoins capitalization has outstripped a corresponding dynamics of the Bitcoin by 18.88%
The DRI index (market capitalization, cleared of “dead” and non-traded coins) has decreased by 57.92% from its maximum value of the half-year at $259 bn (26.07.2018), to $109 bn (31.12.2018).
The Bitcoin price has decreased by 39.7% (from $6339 to $3822).
The price of Ethereum, the second currency on capitalization in the second half of 2018 has decreased by 69.44% (from $452 to $138).
This half-year Bitcoin dominance significantly increased by 0.09% (from 0.43% to 0.52%). Ethereum dominance decreased by 0.07% (from 0.18% to 0.11%).
Top categories of ICO in terms of collected funds in th second half of 2018.
- Infrastructure ($542.4 million);
- Cryptocurrency ($485.8 million);
- Trading & Investing ($298.4 million);
- Finance ($276.0 million);
- Real Business ($269.1 million);
- Machine Learning & AI ($259.3 million);
- Business services ($132.5 million);
- Entertainment & Media ($104.7 million);
- Software ($92.5 million);
- Commerce & Advertising ($79.7 million);
The top categories by the number of ICOs conducted.
Top 5 ICO projects by category
|Infrastructure||FundersToken ($None)||12SHIPS ($None)||McFly.aero ($None)||Rego ($None)||Howdoo ($None)|
|Cryptocurrency||Property Coin ($None)||Bamboo ($None)||CryptoMillionsLotto ($None)||Online ($None)||SURETY.AI ($None)|
|Trading & Investing||12SHIPS ($None)||Bamboo ($None)||Property Coin ($None)||IMDEX ($None)||Chubex ($None)|
|Finance||OKMCoin ($None)||Bamboo ($None)||Chubex ($None)||SURETY.AI ($None)||Union ($None)|
|Real Business||CZero ($None)||GreenX ($None)||MaxData ($None)||12SHIPS ($None)||AlkebulanCash ($None)|
|Machine Learning & AI||DEEP AERO ($None)||EpigenCare ($None)||MaxData ($None)||CheckCar ($None)||EkkBaz ($None)|
|Business services||Coinepic ($None)||OKMCoin ($None)||CheckCar ($None)||MaxData ($None)||EtherInc ($None)|
|Entertainment & Media||STRYKZ ($None)||efir ($None)||Arcona ($None)||CryptoMillionsLotto ($None)||Howdoo ($None)|
|Software||SURETY.AI ($None)||Online ($None)||Bamboo ($None)||DEEP AERO ($None)||Fractal Token CrowdSale ($None)|
|Commerce & Advertising||Evident Proof ($None)||Rouge ($None)||EkkBaz ($None)||MaxData ($None)||Valena-SVCoin ($None)|
Top 5 countries of origin ICO.
Top 10 Gainers and Losers
Top 10 gainers and losers of the second half of 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 losers:
|Name||Ticker||Volume (24h)||Price (31.Dec)||Growth %|
|Aion||AION||$ 1,460,662.3||$ 0.1387149745||-97.75|
|ICON||ICX||$ 3,682,722.8||$ 0.236482425||-97.51|
|Kyber Network||KNC||$ 1,189,106.1||$ 0.1552482553||-96.14|
|Metal||MTL||$ 2,822,235.2||$ 0.2518336367||-96.11|
|Odyssey||OCN||$ 10,497,459.6||$ 0.0036985717||-96.08|
|Veritaseum||VERI||$ 2,192,305.9||$ 17.0574512219||-95.79|
|Qtum||QTUM||$ 25,167,421.8||$ 2.162088701||-95.41|
|Gifto||GTO||$ 2,761,105.2||$ 0.0238892207||-95.19|
|NEO||NEO||$ 35,229,670.3||$ 7.4718018167||-94.74|
|Status||SNT||$ 20,654,043.2||$ 0.0172058853||-94.55|
ICO market analysis, second half of 2018.
During the second half of (2018) 1106 ICOs were completed, 70 of them failed to collect the soft cap. 98 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 second half of 2018 is $1.7 billion.
The number of ICOs and collected funds in first half of 2018 and second half of 2018 :
|Index||first half of 2018||second half of 2018|
|Conducted by ICO/$||1585/20.1 billion||1106/1.7 billion|
|Active/$||207/11.2 billion||91/655.2 million|
|Dead/$||653/8.9 billion||98/1.0 billion|
The amount of ICO compared to the first half of 2018 has proved to be less by 479 (30.22%), and total amount of funds — less by $18.4 billion (91.55%).
In the second half of 2018 $408.5 million was collected by the five largest projects in total, and 32.8% ($134.0 million) of it fell to the share of tZERO.
Top-5 projects by the amount of raised funds, second half of 2018:
|tZERO||TZRO||$ 134.0 million|
|Hereda Hashgraph||-||$ 100.0 million|
|Cryptosolartech||CST||$ 69.0 million|
|IDA||IDA||$ 58.0 million|
|Jinbi||JNB||$ 47.5 million|
|Total collected by top 5||408.5 million|
The second place with $100.0 million of raised funds is occupied by project Hereda Hashgraph. Cryptosolartech gets the third place, having raised $69.0 million. The list of leaders in the second half of 2018 is closed by IDA and Jinbi, with $58.0 million and $47.5 million, respectively.
Top-5 projects of the second half of 2019
Analysts of the Digital Rating Agency (DigRate) selected 5 most promising projects, pre-ICOs and ICOs of which are scheduled for second half of 2019.
Trecento Blockchain Capital (Banking), Pre-ICO —
All-in-one blockchain investment solution
BCoin.sg (Cryptocurrency), Pre-ICO —
World’s first fiat-crypto exchange with integrated digital payment solution
During the second half of 2018 the cryptocurrency market was in downtrend and the total market capitalization has decreased by 56.51% compared to the first half of 2018. During second half of 2018 the price of the dominant currency Bitcoin has decreased by 39.7%. The price of Ethereum, has decreased by 69.44%.
Aion, ICON and Kyber Network turned out to be the losers of the half year.The ICO market in second half of 2018 demonstrated a decrease of the amount of funds raised during the ICO in comparison with first half of 2018 by 91.55%. The greatest interest of the audience was caused by projects from the category Infrastructure, Cryptocurrency and Trading & Investing.
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