Weekly ICO and cryptocurrency market analysis from 03.09 to 09.09.2018 | Digital Rating Agency

Weekly ICO and cryptocurrency market analysis from 03.09 to 09.09.2018

10.09.2018

Weekly ICO and cryptocurrency market analysis from 03.09 to 09.09.2018

General dynamics of the crypto-currency market ( from 03.09.2018 to 09.09.2018.)


As of 09.09.2018 the aggregate capitalization of cryptocurrencies has fallen by 19.66% from its maximum value of the week at $238.8 billion, registered on 04.09.2018, and amounted to $191.9 billion. Thus, the total capitalization from 03.09.2018 to 09.09.2018 has broken the uptrend of the previous week.


The Bitcoin market capitalization has decreased by 15.11%: from $125.9 billion to $106.9 billion.

From 03.09.2018 to 09.09.2018 the total altcoins capitalization (excluding Bitcoin) has decreased by 24.03%: from $111.9 billion to $85.0 billion. Dynamics of decrease of the altcoins capitalization has outstripped a corresponding dynamics of the Bitcoin by 8.92%


The DRI index (market capitalization, cleared of “dead” and non-traded coins) has decreased by 18.05% from its maximum value of the week at$205 bn (04.09.2018), to $168 bn (09.09.2018).


The Bitcoin price has decreased by 12.11% (from $7270 to $6390).
The price of Ethereum, the second currency on capitalization in September has decreased by 30.35% (from $289 to $201).

The Bitcoin dominance from 03.09.2018 to 09.09.2018 significantly increased by 0.03% (from 0.53% to 0.56%). Ethereum dominance decreased by 0.02% (from 0.12% to 0.10%).


Top 10 Gainers and Losers


Top 10 gainers and losers from 03.09.2018 to 09.09.2018 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 (09.Sep) Growth %
Webcoin WEB $ 10,849,740.6 $ 0.0487033401 979.99
Holo HOT $ 1,532,296.8 $ 0.0012642292 217.02
PlayCoin PLY $ 3,264,065.6 $ 0.134016053 10.81
Moeda Loyalty Points MDA $ 1,012,458.0 $ 0.5012432058 3.25


Top 10 losers:

Name Ticker Volume (24h) Price (09.Sep) Growth %
Selfkey KEY $ 1,372,313.8 $ 0.0016441786 -86.81
Genaro Network GNX $ 1,200,926.2 $ 0.0461544314 -66.07
Loopring LRC $ 1,123,411.6 $ 0.0954339053 -62.93
Mainframe MFT $ 2,263,206.2 $ 0.0059652035 -61.56
Hydro Protocol HOT $ 1,528,924.6 $ 0.0111997161 -60.41
Gifto GTO $ 11,677,150.3 $ 0.0636063651 -59.18
Sentinel Protocol UPP $ 1,719,187.1 $ 0.0233950033 -57.5
Effect.ai EFX $ 4,909,760.2 $ 0.0102472935 -57.45
Patron PAT $ 1,548,385.8 $ 0.0112324625 -57.13
FirstBlood 1ST $ 1,006,659.1 $ 0.0635847959 -56.27


ICO market analysis, from 03.09.2018 to 09.09.2018.


During the period from 03.09.2018 to 09.09.2018 3 ICOs were completed, 0 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 from 03.09.2018 to 09.09.2018 is $10.6 million.


The number of ICOs and collected funds in 27.08.2018 and 03.09.2018:

Index August September
Conducted by ICO/$ 17/12.6 million 3/10.6 million
Active/$ 5/12.6 million 3/10.6 million
Failed/$ 12/0 0/0
Dead/$ 0/0 0/0

The amount of ICO compared to the previous week has proved to be less by 14 (82.35%), and total amount of funds — less by $1.9 million (15.42%).


This week $10.6 million was collected by the five largest projects in total, and 84.93% ($9.0 million) of it fell to the share of Carry.

Top-5 projects by the amount of raised funds, from 03.09.2018 to 09.09.2018:

Name Ticker Funds raised
Carry CRE $ 9.0 million
ORCA ORCA $ 1.5 million
GlobalCarService FTI $ 103801
Total collected by top 5 10.6 million


Top-5 projects of next week.

Analysts of the Digital Rating Agency (DigRate) selected 5 most promising projects, pre-ICOs and ICOs of which are scheduled for 10.09.2018.

  1. Zwoop (Artificial Intelligence), Pre-ICO — 12.09.2018.
    Transforming how the world shops online
  2. Geeba (Artificial Intelligence), Pre-ICO — 15.09.2018.
    Disruptive delivery ecosystem of robots and hubs
  3. Credible Network (Banking), Pre-ICO — 15.09.2018.
    Reinventing credit scoring
  4. Citowise (Business services), Pre-ICO — 15.09.2018.
    The worlds’s only blockchain platform
  5. AgentMile (Artificial Intelligence), Pre-ICO — 15.09.2018.
    Revolutionizing commercial real estate


Conclusion

During this week the cryptocurrency market was in downtrend and the total market capitalization has decreased by 19.66% compared to the previous week. During this week the price of the dominant currency Bitcoin has decreased by 12.11%. The price of Ethereum, has decreased by 30.35%.

Webcoin, Holo and PlayCoin have become the gainers of the week, the price of their tokens increased by 979.99%, 217.02% and 10.81% respectively. Selfkey, Genaro Network and Loopring turned out to be the losers of the week.