Weekly ICO and cryptocurrency market analysis from 22.12 to 28.12.2018 | Digital Rating Agency

Weekly ICO and cryptocurrency market analysis from 22.12 to 28.12.2018

29.12.2018

Weekly ICO and cryptocurrency market analysis from 22.12 to 28.12.2018

General dynamics of the crypto-currency market ( from 22.12.2018 to 28.12.2018.)


As of 28.12.2018 the aggregate capitalization of cryptocurrencies has fallen by 11.80% from its maximum value of the week at $137.7 billion, registered on 24.12.2018, and amounted to $121.4 billion. Thus, the total capitalization from 22.12.2018 to 28.12.2018 has broken the uptrend of the previous week.


The Bitcoin market capitalization has decreased by 6.89%: from $68.7 billion to $64.0 billion.

From 22.12.2018 to 28.12.2018 the total altcoins capitalization (excluding Bitcoin) has decreased by 5.57%: from $60.9 billion to $57.5 billion. Dynamics of decrease of the altcoins capitalization has proved to be lower than corresponding dynamics of the Bitcoin by 1.32%


The DRI index (market capitalization, cleared of “dead” and non-traded coins) has decreased by 14.63% from its maximum value of the week at$123 bn (24.12.2018), to $105 bn (28.12.2018).


The Bitcoin price has decreased by 9.36% (from $4045 to $3667).
The price of Ethereum, the second currency on capitalization in December has increased by 18.06% (from $118 to $140).

The Bitcoin dominance from 22.12.2018 to 28.12.2018 significantly decreased by 0.00% (from 0.53% to 0.53%). Ethereum dominance increased by 0.01% (from 0.09% to 0.10%).


Top 10 Gainers and Losers


Top 10 gainers and losers from 22.12.2018 to 28.12.2018 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 (28.Dec) Growth %
MobileGo MGO $ 4,270,059.1 $ 0.4543970162 129.88
Moeda Loyalty Points MDA $ 4,413,299.2 $ 0.8150469984 67.89
ChainLink LINK $ 1,557,704.7 $ 0.3081002034 59.81
Waves WAVES $ 14,207,563.1 $ 3.250797001 18.35
ProximaX XPX $ 1,957,039.5 $ 0.0048251359 10.95


Top 10 losers:

Name Ticker Volume (24h) Price (28.Dec) Growth %
Medicalchain MTN $ 1,621,751.4 $ 0.0062355118 -89.56
Mithril MITH $ 3,293,270.2 $ 0.0712466805 -87.1
Gifto GTO $ 3,451,464.3 $ 0.0251248646 -83.88
Elastos ELA $ 1,027,827.1 $ 2.8254978534 -83.09
Wanchain WAN $ 1,101,045.8 $ 0.3599159645 -82.17
Ontology ONT $ 17,362,542.5 $ 0.6285275217 -81.72
ICON ICX $ 3,112,954.5 $ 0.2464857398 -81.66
Kyber Network KNC $ 1,289,741.3 $ 0.1616022033 -81.48
Arcblock ABT $ 3,526,535.7 $ 0.0792305662 -80.23
Nebulas NAS $ 1,374,110.8 $ 0.6497835368 -79.7


ICO market analysis, from 22.12.2018 to 28.12.2018.


During the period from 22.12.2018 to 28.12.2018 15 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 22.12.2018 to 28.12.2018 is $39.0 million.


The number of ICOs and collected funds in 15.12.2018 and 22.12.2018:

Index December December
Conducted by ICO/$ 26/87.2 million 15/39.0 million
Active/$ 8/87.2 million 3/39.0 million
Failed/$ 0/0 0/0
Dead/$ 0/0 0/0

The amount of ICO compared to the previous week has proved to be less by 11 (42.31%), and total amount of funds — less by $48.1 million (55.23%).


This week $39.0 million was collected by the five largest projects in total, and 82.58% ($32.2 million) of it fell to the share of Spiking.

Top-5 projects by the amount of raised funds, from 22.12.2018 to 28.12.2018:

Name Ticker Funds raised
Spiking SPIKE $ 32.2 million
EveryCoin EYC $ 4.0 million
Cryptocean CRON $ 2.8 million
Total collected by top 5 39.0 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 29.12.2018.

  1. Impresso (Business services), Pre-ICO — 04.01.2019.
    Cv validation in recruitment and networking app
  2. BitValve (Cryptocurrency), Pre-ICO — 02.01.2019.
    Advanced p2p crypto exchange platform
  3. WatchUGot (Art), Pre-ICO — 04.01.2019.
    Competitive fundraising with blockchain


Conclusion

During this week the cryptocurrency market was in downtrend and the total market capitalization has decreased by 11.80% compared to the previous week. During this week the price of the dominant currency Bitcoin has decreased by 9.36%. The price of Ethereum, has increased by 18.06%.

MobileGo, Moeda Loyalty Points and ChainLink have become the gainers of the week, the price of their tokens increased by 129.88%, 67.89% and 59.81% respectively. Medicalchain, Mithril and Gifto turned out to be the losers of the week.