Another Small Increase Today — A Market Analysis
After yesterdays nice increase the market is still increasing today. The last weeks we saw a quite sensitive market and with the amount of bad news going down the market seems to finally stabilize itself.
Total Market Capitalization:
No real actions in our total market capitalization chart today despite the gain we saw a few hours back followed by an increase again. The total market capitalization increased more than $1 billion USD from more than $363 billion USD total market capitalization 24 hours ago to more than $264 billion USD total market capitalization at time of writing:
Dominance (Percentage of Total Market Capitalization):
| Cryptocurrency | Dominance |
|---|---|
| Bitcoin [BTC] | 44,93% |
| Ethereum [ETH] | 14,81% |
| Ripple [XRP] | 7,30% |
| Bitcoin Cash [BCH1] | 4,20% |
| Litecoin [LTC] | 2,47% |
| NEO [NEO] | 1,17% |
| IOTA [MIOTA] | 1,07% |
| Monero [XMR] | 1,04% |
| Dash [DASH] | 0,94% |
| NEM [XEM] | 0,78% |
| Others | 21,28% |
Top 15 chart (measured by their Market Capitalization):
Only three red numbers in our top 15 chart today being: Litecoin [LTC] with an decrease of 1,24% over the course of the last 24 hours; Bitcoin [BTC] increasing 0,15% today and last but not least Stellar [XLM] with an decrease of 0,11% today. Best performing Cryptocurrency in our top 15 chart is Cardano [ADA] today with an increase of nearly 4% today followed by Dash [DASH] nearly increasing 2% today:
Top Gainer Today (out of the Top 100):
Best performing Cryptocurrency in our top 100 chart, measured by their total market capitalization, is POA Network [POA] today with an astonishing increase of nearly 32% over the course of the last 24 hours followed by a more familiar Cryptocurrency Particl [PART] with an increase of more than 25% today:
Top Loser Today (out of the Top 100):
After seeing Ontology [ONT] lately nearly every day in our top performing list it is surprising to see it as the worst performing Cryptocurrency in our top 10 chart today with an increase of nearly 7% over the course of the last 24 hours followed by Centrality [CENNZ] with an decrease of nearly 6% today:
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awesome review. am actually new to the crypto world but i have been reading to learn more. though a bit confusing, but every day on steemit, i get new enlightment. thanks for this market review. and please, if you could recommend to me how to learn more easier and faster, for a newbie, i will be glad
Thanks for the kind words! Yeah I also had to read a lot until I understood Steemit. Being here for 2 months now I'm still hooked and do believe steemit will revolutionize social media at it is right now. Just keep on writing good and original content and everything should go well! Unique content will get rewarded in the end I know the struggles at the beginning with literally no followers and no post exposure.
Wish you all the best luck!
@elleok excellent review with a positive outlook. I'm fairly new to it all as well. After been given Bitcoin last year for a debt, watching it grow 1000% compelled me to look further into it. Eventually found myself this awesome platform called Steemit and wish I found it sooner. 20k followers on Facebook doesn't do much other than line their pockets instead of mine. I'm confident for this platform's potential and cryptocurrency in general.
Thank you very much! Same here, I wished I had joined Steemit earlier. 😉
Like I wrote I believe Steemit will revolutionize social media as it is and Cryptocurrencies in general will skyrocket in my opinion after the regulation stuff is finally cleared.
Wish you all the best!
PS: Hope to win that whale! Awesome work dude! 🐋
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