Weekly ICO and cryptocurrency market analysis from 24.12 to 30.12.2018 | Digital Rating Agency

Weekly ICO and cryptocurrency market analysis from 24.12 to 30.12.2018

31.12.2018

Weekly ICO and cryptocurrency market analysis from 24.12 to 30.12.2018

General dynamics of the crypto-currency market ( from 24.12.2018 to 30.12.2018.)


As of 30.12.2018 the aggregate capitalization of cryptocurrencies has fallen by 4.50% from its maximum value of the week at $137.7 billion, registered on 24.12.2018, and amounted to $131.5 billion. Thus, the total capitalization from 24.12.2018 to 30.12.2018 has broken the uptrend of the previous week.


The Bitcoin market capitalization has decreased by 3.98%: from $71.0 billion to $68.2 billion.

From 24.12.2018 to 30.12.2018 the total altcoins capitalization (excluding Bitcoin) has decreased by 5.05%: from $66.7 billion to $63.3 billion. Dynamics of decrease of the altcoins capitalization has outstripped a corresponding dynamics of the Bitcoin by 1.06%


The DRI index (market capitalization, cleared of “dead” and non-traded coins) has decreased by 10.57% from its maximum value of the week at$123 bn (24.12.2018), to $110 bn (30.12.2018).


The Bitcoin price has decreased by 4.78% (from $4082 to $3887).
The price of Ethereum, the second currency on capitalization in December has decreased by 0.57% (from $141 to $140).

The Bitcoin dominance from 24.12.2018 to 30.12.2018 significantly increased by 0.00% (from 0.52% 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 24.12.2018 to 30.12.2018 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 (30.Dec) Growth %
MobileGo MGO $ 4,015,601.5 $ 0.5157459926 160.91
Moeda Loyalty Points MDA $ 2,311,172.1 $ 0.792075612 63.16
ChainLink LINK $ 1,480,737.1 $ 0.2994530746 55.33
Waves WAVES $ 10,119,379.1 $ 3.0867320431 12.37
ProximaX XPX $ 2,091,673.5 $ 0.0046826678 7.68


Top 10 losers:

Name Ticker Volume (24h) Price (30.Dec) Growth %
Mithril MITH $ 2,646,377.8 $ 0.0636630155 -88.47
Gifto GTO $ 4,002,911.9 $ 0.0245418086 -84.25
Bluzelle BLZ $ 6,130,962.3 $ 0.0442415049 -83.01
Ontology ONT $ 13,418,232.8 $ 0.6034518141 -82.45
ICON ICX $ 2,887,038.1 $ 0.2383303481 -82.27
Kyber Network KNC $ 1,189,106.1 $ 0.1571062574 -81.99
Nebulas NAS $ 2,454,348.0 $ 0.6034529745 -81.15
Arcblock ABT $ 2,780,213.6 $ 0.0797231968 -80.1
Metal MTL $ 1,156,251.2 $ 0.2499110126 -79.22
DigixDAO DGD $ 1,153,144.8 $ 19.0038773175 -79.09


ICO market analysis, from 24.12.2018 to 30.12.2018.


During the period from 24.12.2018 to 30.12.2018 16 ICOs were completed, 0 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 24.12.2018 to 30.12.2018 is $13.9 million.


The number of ICOs and collected funds in 17.12.2018 and 24.12.2018:

Index December December
Conducted by ICO/$ 29/119.4 million 16/13.9 million
Active/$ 9/119.4 million 4/10.6 million
Failed/$ 0/0 0/0
Dead/$ 0/0 1/3.2 million

The amount of ICO compared to the previous week has proved to be less by 13 (44.83%), and total amount of funds — less by $105.5 million (88.38%).


This week $13.9 million was collected by the five largest projects in total, and 28.82% ($4.0 million) of it fell to the share of EveryCoin.

Top-5 projects by the amount of raised funds, from 24.12.2018 to 30.12.2018:

Name Ticker Funds raised
EveryCoin EYC $ 4.0 million
Bidooh DOOH $ 3.2 million
Cryptocean CRON $ 2.8 million
Cryptocoin Insurance CCIN $ 2.0 million
eLYQD LYQD $ 1.8 million
Total collected by top 5 13.9 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 31.12.2018.

  1. BitValve (Cryptocurrency), Pre-ICO — 02.01.2019.
    Advanced p2p crypto exchange platform
  2. 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 4.50% compared to the previous week. During this week the price of the dominant currency Bitcoin has decreased by 4.78%. The price of Ethereum, has decreased by 0.57%.

MobileGo, Moeda Loyalty Points and ChainLink have become the gainers of the week, the price of their tokens increased by 160.91%, 63.16% and 55.33% respectively. Mithril, Gifto and Bluzelle turned out to be the losers of the week.