Weekly ICO and cryptocurrency market analysis from 17.09 to 23.09.2018 | Digital Rating Agency

Weekly ICO and cryptocurrency market analysis from 17.09 to 23.09.2018

24.09.2018

Weekly ICO and cryptocurrency market analysis from 17.09 to 23.09.2018

General dynamics of the crypto-currency market ( from 17.09.2018 to 23.09.2018.)


As of 23.09.2018 the aggregate capitalization of cryptocurrencies has increased by 17.20% from its minimum value of the week at $191.9 billion, registered on 17.09.2018, and amounted to $224.9 billion. Thus, the total capitalization from 17.09.2018 to 23.09.2018 continues the uptrend of the previous week.


The Bitcoin market capitalization has increased by 7.27%: from $108.3 billion to $116.2 billion.

From 17.09.2018 to 23.09.2018 the total altcoins capitalization (excluding Bitcoin) has increased by 30.08%: from $83.6 billion to $108.7 billion. Dynamics of increase of the altcoins capitalization has outstripped a corresponding dynamics of the Bitcoin by 22.81%


The DRI index (market capitalization, cleared of “dead” and non-traded coins) has increased by 17.26% from its minimum value of the week at$168 bn (18.09.2018), to $197 bn (23.09.2018).


The Bitcoin price has increased by 7.16% (from $6261 to $6710).
The price of Ethereum, the second currency on capitalization in September has increased by 22.63% (from $196 to $240).

The Bitcoin dominance from 17.09.2018 to 23.09.2018 significantly decreased by 0.05% (from 0.56% to 0.52%). Ethereum dominance increased by 0.01% (from 0.10% to 0.11%).


Top 10 Gainers and Losers


Top 10 gainers and losers from 17.09.2018 to 23.09.2018 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 (23.Sep) Growth %
ChainLink LINK $ 2,004,752.0 $ 0.3389760493 75.83
VIBE VIBE $ 7,187,623.0 $ 0.0963257003 41.49
PlayCoin PLY $ 3,508,590.9 $ 0.1571191214 29.92
Refereum RFR $ 1,009,992.6 $ 0.0044434371 26.27
Genesis Vision GVT $ 1,097,411.2 $ 9.036402947 18.68


Top 10 losers:

Name Ticker Volume (24h) Price (23.Sep) Growth %
Selfkey KEY $ 8,111,784.6 $ 0.0017066243 -86.31
Ethos ETHOS $ 1,607,757.5 $ 0.3163918363 -76.5
Medicalchain MTN $ 2,142,776.1 $ 0.0237124046 -60.29
HOQU HQX $ 1,299,931.0 $ 0.0069969335 -59.07
Gifto GTO $ 17,747,527.5 $ 0.0665945501 -57.27
Elastos ELA $ 1,316,780.9 $ 7.2237738171 -56.77
Nebulas NAS $ 2,566,666.0 $ 1.4040813894 -56.14
Kyber Network KNC $ 1,554,521.6 $ 0.3866458572 -55.68
Mainframe MFT $ 3,513,986.1 $ 0.0072099812 -53.53
SALT SALT $ 3,403,807.8 $ 0.4804445495 -53.26


ICO market analysis, from 17.09.2018 to 23.09.2018.


During the period from 17.09.2018 to 23.09.2018 3 ICOs were completed, 2 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 17.09.2018 to 23.09.2018 is $4.8 million.


The number of ICOs and collected funds in 10.09.2018 and 17.09.2018:

Index September September
Conducted by ICO/$ 3/1.0 million 3/4.8 million
Active/$ 2/1.0 million 1/4.8 million
Failed/$ 1/0 2/0
Dead/$ 0/0 0/0

The amount of ICO compared to the previous week has proved to be by 0 (0.0%), and total amount of funds — greater by $3.8 million (359.04%).


This week $4.8 million was collected by the five largest projects in total, and 100.0% ($4.8 million) of it fell to the share of Hackspace Capital.

Top-5 projects by the amount of raised funds, from 17.09.2018 to 23.09.2018:

Name Ticker Funds raised
Hackspace Capital HAC $ 4.8 million
WhenHub WHEN -
REOS REOS -
Total collected by top 5 4.8 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 24.09.2018.

  1. 8 Circuit Studios (Entertainment), Pre-ICO — 30.09.2018.
    We build video games, digital assets and tools
  2. CoTrader (Cryptocurrency), Pre-ICO — 26.09.2018.
    The uber of hedge funds, live on the eth mainnet
  3. pinmo (Entertainment), Pre-ICO — 25.09.2018.
    Blockchain based social media marketing
  4. CryptoPolice (Artificial Intelligence), Pre-ICO — 25.09.2018.
    First community based decentralized police


Conclusion

During this week the cryptocurrency market was in uptrend and the total market capitalization has increased by 17.20% compared to the previous week. During this week the price of the dominant currency Bitcoin has increased by 7.16%. The price of Ethereum, has increased by 22.63%.

ChainLink, VIBE and PlayCoin have become the gainers of the week, the price of their tokens increased by 75.83%, 41.49% and 29.92% respectively. Selfkey, Ethos and Medicalchain turned out to be the losers of the week.