Weekly ICO and cryptocurrency market analysis from 01.10 to 07.10.2018 | Digital Rating Agency

Weekly ICO and cryptocurrency market analysis from 01.10 to 07.10.2018

08.10.2018

Weekly ICO and cryptocurrency market analysis from 01.10 to 07.10.2018

General dynamics of the crypto-currency market ( from 01.10.2018 to 07.10.2018.)


As of 07.10.2018 the aggregate capitalization of cryptocurrencies has fallen by 1.97% from its maximum value of the week at $221.8 billion, registered on 01.10.2018, and amounted to $217.4 billion. Thus, the total capitalization from 01.10.2018 to 07.10.2018 has broken the uptrend of the previous week.


The Bitcoin market capitalization has increased by 0.27%: from $113.8 billion to $114.1 billion.

From 01.10.2018 to 07.10.2018 the total altcoins capitalization (excluding Bitcoin) has decreased by 4.34%: from $108.0 billion to $103.3 billion. Dynamics of decrease of the altcoins capitalization has outstripped a corresponding dynamics of the Bitcoin by 4.06%


The DRI index (market capitalization, cleared of “dead” and non-traded coins) has decreased by 2.07% from its maximum value of the week at$193 bn (01.10.2018), to $189 bn (07.10.2018).


The Bitcoin price has decreased by 0.42% (from $6595 to $6567).
The price of Ethereum, the second currency on capitalization in October has decreased by 3.63% (from $231 to $223).

The Bitcoin dominance from 01.10.2018 to 07.10.2018 significantly increased by 0.01% (from 0.51% to 0.52%). Ethereum dominance increased by 0.00% (from 0.11% to 0.11%).


Top 10 Gainers and Losers


Top 10 gainers and losers from 01.10.2018 to 07.10.2018 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 (07.Oct) Growth %
Odyssey OCN $ 10,775,644.7 $ 0.0107505163 75.04
Genesis Vision GVT $ 3,865,318.8 $ 10.5932957891 39.12
Moeda Loyalty Points MDA $ 3,124,455.3 $ 0.6529563854 34.5
PlayCoin PLY $ 4,057,964.5 $ 0.1439638039 19.04


Top 10 losers:

Name Ticker Volume (24h) Price (07.Oct) Growth %
Selfkey KEY $ 1,200,530.9 $ 0.0016349205 -86.89
Docademic MTC $ 4,603,392.5 $ 0.0428376947 -76.92
Ethos ETHOS $ 1,068,507.9 $ 0.3492447398 -74.06
ZPER ZPR $ 2,405,259.3 $ 0.0051239199 -67.3
Skrumble Network SKM $ 1,205,785.2 $ 0.0064967128 -61.54
Medicalchain MTN $ 3,747,173.0 $ 0.023375001 -60.85
Revain R $ 2,539,240.0 $ 0.1287400304 -59.24
Loopring LRC $ 1,349,496.1 $ 0.1105321947 -57.06
Gifto GTO $ 15,608,444.3 $ 0.0679632314 -56.39
DigixDAO DGD $ 2,734,121.3 $ 40.6360796425 -55.3


ICO market analysis, from 01.10.2018 to 07.10.2018.


During the period from 01.10.2018 to 07.10.2018 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 01.10.2018 to 07.10.2018 is $50016.


The number of ICOs and collected funds in 24.09.2018 and 01.10.2018:

Index September October
Conducted by ICO/$ 13/46.5 million 3/50016
Active/$ 8/41.5 million 1/50016
Failed/$ 4/0 2/0
Dead/$ 1/5.0 million 0/0

The amount of ICO compared to the previous week has proved to be less by 10 (76.92%), and total amount of funds — less by $46.4 million (99.89%).


This week $50016 was collected by the five largest projects in total, and 100.0% ($50016) of it fell to the share of CryptoHIT.

Top-5 projects by the amount of raised funds, from 01.10.2018 to 07.10.2018:

Name Ticker Funds raised
CryptoHIT GAC $ 50016
Clears CLRS -
Further Network ATON -
Total collected by top 5 50016


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 08.10.2018.

  1. LinkChain (Artificial Intelligence), Pre-ICO — 11.10.2018.
    Sourcing simplified & secure
  2. ONe Network (Artificial Intelligence), Pre-ICO — 09.10.2018.
    One social network. bringing it all together
  3. ETERBASE (Banking), Pre-ICO — 10.10.2018.
    Europe's premier digital asset exchange
  4. Loligo (Business services), Pre-ICO — 11.10.2018.
    World’s 1st ico safety ecosystem
  5. Mambocoin (Retail), Pre-ICO — 10.10.2018.
    A currency that erases boundaries of e-commerce


Conclusion

During this week the cryptocurrency market was in downtrend and the total market capitalization has decreased by 1.97% compared to the previous week. During this week the price of the dominant currency Bitcoin has decreased by 0.42%. The price of Ethereum, has decreased by 3.63%.

Odyssey, Genesis Vision and Moeda Loyalty Points have become the gainers of the week, the price of their tokens increased by 75.04%, 39.12% and 34.5% respectively. Selfkey, Docademic and Ethos turned out to be the losers of the week.