Weekly ICO and cryptocurrency market analysis from 24.09 to 30.09.2018 | Digital Rating Agency

Weekly ICO and cryptocurrency market analysis from 24.09 to 30.09.2018

01.10.2018

Weekly ICO and cryptocurrency market analysis from 24.09 to 30.09.2018

General dynamics of the crypto-currency market ( from 24.09.2018 to 30.09.2018.)


As of 30.09.2018 the aggregate capitalization of cryptocurrencies has increased by 2.84% from its minimum value of the week at $216.6 billion, registered on 26.09.2018, and amounted to $222.8 billion. Thus, the total capitalization from 24.09.2018 to 30.09.2018 continues the uptrend of the previous week.


The Bitcoin market capitalization has decreased by 0.22%: from $114.6 billion to $114.3 billion.

From 24.09.2018 to 30.09.2018 the total altcoins capitalization (excluding Bitcoin) has increased by 2.69%: from $105.6 billion to $108.4 billion. Dynamics of increase of the altcoins capitalization has outstripped a corresponding dynamics of the Bitcoin by 2.47%


The DRI index (market capitalization, cleared of “dead” and non-traded coins) has increased by 7.18% from its minimum value of the week at$181 bn (25.09.2018), to $194 bn (30.09.2018).


The Bitcoin price has increased by 0.61% (from $6584 to $6624).
The price of Ethereum, the second currency on capitalization in September has increased by 2.05% (from $228 to $233).

The Bitcoin dominance from 24.09.2018 to 30.09.2018 significantly decreased by 0.01% (from 0.52% to 0.51%). Ethereum dominance decreased by 0.00% (from 0.11% to 0.11%).


Top 10 Gainers and Losers


Top 10 gainers and losers from 24.09.2018 to 30.09.2018 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 (30.Sep) Growth %
Odyssey OCN $ 12,717,501.9 $ 0.0138960171 126.26
Electroneum ETN $ 1,067,956.2 $ 0.0188695944 72.26
PlayCoin PLY $ 6,841,129.3 $ 0.1470000197 21.55
Genesis Vision GVT $ 1,013,545.1 $ 9.1301820238 19.91
DMarket DMT $ 1,005,332.8 $ 0.1673342237 6.48
Enjin Coin ENJ $ 5,513,889.6 $ 0.0584222197 1.48


Top 10 losers:

Name Ticker Volume (24h) Price (30.Sep) Growth %
Selfkey KEY $ 1,064,526.8 $ 0.001685696 -86.48
Bodhi BOT $ 1,301,056.8 $ 0.0774694161 -65.64
Medicalchain MTN $ 1,768,683.9 $ 0.0215752619 -63.87
BankEx BKX $ 1,462,874.1 $ 0.0746152914 -59.28
Elastos ELA $ 1,012,620.1 $ 7.1350890858 -57.3
Gifto GTO $ 19,967,894.6 $ 0.0673516762 -56.78
Kyber Network KNC $ 2,761,620.1 $ 0.3835352987 -56.04
Genaro Network GNX $ 1,231,382.6 $ 0.0603429781 -55.65
Augur REP $ 2,751,171.4 $ 13.5302072029 -52.03
Mainframe MFT $ 1,634,021.1 $ 0.0074659299 -51.88


ICO market analysis, from 24.09.2018 to 30.09.2018.


During the period from 24.09.2018 to 30.09.2018 11 ICOs were completed, 3 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 from 24.09.2018 to 30.09.2018 is $40.3 million.


The number of ICOs and collected funds in 17.09.2018 and 24.09.2018:

Index September September
Conducted by ICO/$ 3/4.8 million 11/40.3 million
Active/$ 1/4.8 million 7/35.3 million
Failed/$ 2/0 3/0
Dead/$ 0/0 1/5.0 million

The amount of ICO compared to the previous week has proved to be greater by 8 projects (266.67%), and total amount of funds — greater by $35.5 million (739.61%).


This week $35.8 million was collected by the five largest projects in total, and 45.98% ($16.5 million) of it fell to the share of Aenco.

Top-5 projects by the amount of raised funds, from 24.09.2018 to 30.09.2018:

Name Ticker Funds raised
Aenco AEN $ 16.5 million
Ubex UBEX $ 5.2 million
PingPaid PPD $ 5.1 million
AXenS AXS $ 5.0 million
AgroTechFarm ATF $ 4.1 million
Total collected by top 5 35.8 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 01.10.2018.


Conclusion

During this week the cryptocurrency market was in flat trend and the total market capitalization has increased by 2.84% compared to the previous week. During this week the price of the dominant currency Bitcoin has increased by 0.61%. The price of Ethereum, has increased by 2.05%.

Odyssey, Electroneum and PlayCoin have become the gainers of the week, the price of their tokens increased by 126.26%, 72.26% and 21.55% respectively. Selfkey, Bodhi and Medicalchain turned out to be the losers of the week.