CRYPTO-DAILY THE NUMBERS: MARKET GAINED $80BILLION IN AUGUST ALONE AND YET ANOTHER ALL-TIME HIGH OF $174BILLION #0044

in #investing7 years ago

meta-chart (24).png

Market Overview.
In the month of August, the market nearly doubled its market cap, growing by a huge! 87% and gained $80.44Billion in just 31 days. As every other day this week the market reached another all-time high of $174Billion, it grew by 2.89% to gain $4.850Billion to close (GMT+9) at $172.90Billion while volume traded was $5.79Billion an 8.29% increase from the previous day. A total of 866 cryptocurrencies, 230 Assets, and 5,411 market pairs were traded. Bitcoin's market dominance decreased to 44.9% of the total market cap.

TOP 10 BY MARKET CAP (BILLIONAIRE'S BOARD)

RANKCOIN/ASSETMARKET CAP (BILLION$)%CHANGE
1BITCOIN BTC77.6892.21
2ETHEREUM ETH36.4412.17
3BITCOIN CASH9.7511.65
4RIPPLE XRP9.5779.71
5LITECOIN LTC3.99517.99
6NEM XEM2.9291.03
7DASH DASH2.8502.41
8IOTA IOTA2.415-2.15
9MONERO XMR2.055-2.10
10NEO ANS1.599-6.11
-TOTAL149.3012.73
-OTHERS23.6013.90

LTC was our biggest gainer with a 17.99% growth and 157.64% rise in volume retain its spot still, while NEO recorded the biggest loss of 6.11% returning all of its previous day's gains. Bitcoin recorded a gain of 2.21%, as all coins on the board retained their spots. The top Ten cryptos combined market cap rose by 2.73% to close at $149.3Billion controlling 86.35% of the total market capitalization, while the remaining cryptos market cap also grew by 3.90% to close at $23.6Billion.

meta-chart (25).png

TOP 10 BY VOLUME TRADED

RANKCOIN/ASSET24HR VOL (M$)%CHANGEDOM PAIR
1BITCOIN BTC2,008.258.48BTC/USD
2LITECOIN LTC859.93157.64LTC/CNY
3ETHEREUM ETH764.59-29.55ETH/KRW
4RIPPLE XRP517.14181.84XRP/KRW
5BITCOIN CASH BCH273.09-35.82BCH/KRW
6ETHEREUM CLASSIC ETC128.64123.72ETC/KRW
7TETHER USDT124.18-24.96BTC/USDT
8OMISEGO OMG100.5716.24OMG/BTC
9MONERO XMR97.04-33.58XMR/BTC
10HSHARES HSR66.8297.69HSR/CNY
-TOTAL4,940.259.80
-OTHERS857.750.38

XRP was our biggest gainer with a 181.84% gain in investors attention, while BCH had the highest loss in investors attention by 35.82%. The board welcomes our returnee ETC and debutant HSR, they evicted QTUM and NEO to occupy spots No.6 and 10 respectively. Our dominant pairs show a high 80% CRYPTO/FIAT pairing, while BTC/USD dominated Bitcoin. Combined volume was $4.94Billion a 9.80% rise, and an impressive 85.21% of total volume traded, while the remaining cryptos traded $857.75Million a 2.94% rise in investors attention.

COIN TRACKER - % OF MARKET SHARE

COIN/ASSETPREVIOUS DAYCURRENT
BITSHARES BTS0.23%0.22%

This metric was requested by an avid reader. If you are interested in this metric for a non-top 10 coin, I have space for 2 more.

FRESH ICO's

  • Integrative wallet token IWT project is about the creation of an ecosystem which will consist of 3 products, their integrative wallet, a multiwallet, which feature will be to hold all the cryptocurrencies that are in circulation, being able to send and receive coins/tokens from the wallet to another user. This ICO was launched 31/08/17 For more HERE

  • MONETHA MTH is a Decentralised trust and reputation system (DTRS), powered by smart contracts, works flawlessly with Monetha’s payment processor. We let the buyer see trustworthy and transparent reviews made by previous customers. Based on the information saved during the transaction, clients and merchants will be able to file/solve a claim, rate each other, view ratings etc. Their history is then recorded onto the immutable Ethereum blockchain so that others can make well-informed commercial decisions. This ICO was launched 31/08/17 For more HERE

  • REAL (Real Estate Asset Ledger) is a new Ethereum Smart-Contracts governed ecosystem that applies Blockchain technologies to the enormous Real Estate investment industry, giving greater access to global investment in Real Estate, lowering barriers to entry, and increasing market liquidity. It will offer an effective method of investing and securing the value of the existing 50-100 Billion USD equivalent in cryptocurrency into the less volatile and growing Real Estate market by generating rental income and value appreciation." This ICO was launched 31/08/17 For more HERE

  • TokenStars, a blockchain company plans to tokenize aspiring celebrities' careers.TokenStars aims to provide funding resources to sportsmen and other celebrities at the young age and to decentralize talent sourcing and promotion. Token holders can get compensations for successful players’ recommendations, localizing content, growing players’ fan bases and referring investors via a generous Bounty program. At the later stages, TokenStars will use the shared infrastructure and launch the new verticals to tokenize aspiring celebrities, including football, poker, basketball, hockey, cinema actors, musicians, models.At the later stages, TokenStars will use the shared infrastructure and launch the new verticals to tokenize aspiring celebrities, including football, poker, basketball, hockey, cinema actors, musicians, models.TokenStars starts tokenizing people with ACE – a project supporting young and experienced tennis players. With tennis being one of the most popular sports globally, ACE aims to introduce 1 billion tennis fans to the blockchain world. This ICO was launched 31/08/17 For more HERE

NEWS

-Illinois Launches Blockchain Pilot to Digitize Birth Certificates-CoinDesk

-Bitcoin Price At $4750 And Counting As Charlie Shrem Calls Below $100k ‘Cheap’ -CoinTelegraph

HAPPY NEW MONTH GUYS. Let's hear your predictions on the market cap by month end, i will say $300Billion.

I hope this post helps your investment decisions. If you like it PLS don't forget to UPVOTE, RESTEEM and FOLLOW for MORE. THANK YOU FOR YOUR ENCOURAGEMENT.

HAVE A PROFITABLE INVESTING DAY!

SOURCE:CoinMarketCap
SEE PREVIOUS POST

Sort:  

This is good information. I like the graph showing how productive is the month of August.
Steemit is the vehicle for awesome news going forward.
Thanks for sharing

Am glad you like it

This is good news for us steemians.
Thanks again for sharing

thx for sharing

Glad you found it helpful.

Good news: Forex money coming to crypto and banks making some silly changes that you cannot withdraw your money even in 20 days siick :) crypto is the future !!

Becoming clearer each day

HAVE A PROFITABLE INVESTING DAY!

I wish you the same. thanks

Great. Thanks for sharing. I'm starting to follow you.

Thanks. What's your prediction for month end mkt cap?

When the correction comes......Keep the enthusiasm fellow traders

Definitely, there will be a correction but at the rate the mkt is moving won't last imo.

This post was resteemed by @resteembot!
Good Luck!

Learn more about the @resteembot project in the introduction post.
Check out the other content resteemed by @resteembot.
Some of it is really cool!