Weekly ICO and cryptocurrency market analysis from 08.10 to 14.10.2018 | Digital Rating Agency

Weekly ICO and cryptocurrency market analysis from 08.10 to 14.10.2018

15.10.2018

Weekly ICO and cryptocurrency market analysis from 08.10 to 14.10.2018

General dynamics of the crypto-currency market ( from 08.10.2018 to 14.10.2018.)


As of 14.10.2018 the aggregate capitalization of cryptocurrencies has fallen by 9.29% from its maximum value of the week at $222.0 billion, registered on 08.10.2018, and amounted to $201.4 billion. Thus, the total capitalization from 08.10.2018 to 14.10.2018 continues the downtrend of the previous week.


The Bitcoin market capitalization has decreased by 5.83%: from $115.4 billion to $108.7 billion.

From 08.10.2018 to 14.10.2018 the total altcoins capitalization (excluding Bitcoin) has decreased by 13.04%: from $106.6 billion to $92.7 billion. Dynamics of decrease of the altcoins capitalization has outstripped a corresponding dynamics of the Bitcoin by 7.21%


The DRI index (market capitalization, cleared of “dead” and non-traded coins) has decreased by 8.85% from its maximum value of the week at$192 bn (08.10.2018), to $175 bn (14.10.2018).


The Bitcoin price has decreased by 5.8% (from $6650 to $6264).
The price of Ethereum, the second currency on capitalization in October has decreased by 13.04% (from $229 to $199).

The Bitcoin dominance from 08.10.2018 to 14.10.2018 significantly increased by 0.02% (from 0.52% to 0.54%). Ethereum dominance decreased by 0.01% (from 0.11% to 0.10%).


Top 10 Gainers and Losers


Top 10 gainers and losers from 08.10.2018 to 14.10.2018 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 (14.Oct) Growth %
Moeda Loyalty Points MDA $ 66,291,868.2 $ 2.5222811655 419.55
DMarket DMT $ 1,496,958.6 $ 0.285922519 81.95
Odyssey OCN $ 3,011,753.6 $ 0.0105769046 72.22
Genesis Vision GVT $ 1,894,937.3 $ 11.7426087334 54.22
Refereum RFR $ 1,045,231.3 $ 0.0051005694 44.94
PlayCoin PLY $ 3,893,176.5 $ 0.1467776112 21.37
Modum MOD $ 26,566,525.0 $ 1.1563016265 20.55
Eidoo EDO $ 1,269,486.8 $ 1.025362307 16.66
Aeron ARN $ 12,222,948.7 $ 0.6706404639 14.76
Agrello DLT $ 1,353,349.4 $ 0.083209331 3.16


Top 10 losers:

Name Ticker Volume (24h) Price (14.Oct) Growth %
Ubex UBEX $ 1,170,320.1 $ 0.0014880193 -87.94
Ethos ETHOS $ 1,830,142.1 $ 0.3621072955 -73.1
Bodhi BOT $ 1,457,077.6 $ 0.0803872717 -64.34
Loopring LRC $ 1,241,167.5 $ 0.1051933193 -59.14
Gifto GTO $ 14,065,163.7 $ 0.0657493876 -57.81
Augur REP $ 1,547,853.2 $ 12.4538429109 -55.85
Kyber Network KNC $ 3,224,925.4 $ 0.3857388386 -55.79
Revain R $ 2,339,458.6 $ 0.1417184777 -55.13
Mithril MITH $ 12,046,888.4 $ 0.2509922942 -54.56
OmiseGO OMG $ 11,215,523.2 $ 3.1106106923 -53.79


ICO market analysis, from 08.10.2018 to 14.10.2018.


During the period from 08.10.2018 to 14.10.2018 3 ICOs were completed, 1 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 08.10.2018 to 14.10.2018 is $22.9 million.


The number of ICOs and collected funds in 01.10.2018 and 08.10.2018:

Index October October
Conducted by ICO/$ 3/50016 3/22.9 million
Active/$ 1/50016 2/22.9 million
Failed/$ 2/0 1/0
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 $22.9 million (45713.34%).


This week $22.9 million was collected by the five largest projects in total, and 99.21% ($22.7 million) of it fell to the share of Foresting.

Top-5 projects by the amount of raised funds, from 08.10.2018 to 14.10.2018:

Name Ticker Funds raised
Foresting PTON $ 22.7 million
HiHealth HiH $ 180000
EXMO Coin EXO -
Total collected by top 5 22.9 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 15.10.2018.

  1. Newton Project (Infrastructure), Pre-ICO — 16.10.2018.
  2. King Slayer (Cryptocurrency), Pre-ICO — 20.10.2018.
    Mobile mmorpg game with blockchain-economy
  3. Elements Estates (Platform), Pre-ICO — 17.10.2018.
    Token of your real estate opportunity
  4. Adab Solutions (Business services), Pre-ICO — 18.10.2018.
    First islamic crypto exchange
  5. Onam (Business services), Pre-ICO — 16.10.2018.
    Globalizing seamless trading in one platform


Conclusion

During this week the cryptocurrency market was in downtrend and the total market capitalization has decreased by 9.29% compared to the previous week. During this week the price of the dominant currency Bitcoin has decreased by 5.8%. The price of Ethereum, has decreased by 13.04%.

Moeda Loyalty Points, DMarket and Odyssey have become the gainers of the week, the price of their tokens increased by 419.55%, 81.95% and 72.22% respectively. Ubex, Ethos and Bodhi turned out to be the losers of the week.