Daily Crypto Overview 1-3-2018
As much as it surprises me and sickens me to say, Ripple has continued it's moonbound pump and reached about half of Bitcoin's current market cap at $127.638 Billion dollars and $3.29 a piece. This is especially sickening for me because while I do own some Ripple, I almost invested a lot of money when it was under 1 cent a piece. I am glad for everyone who is making money on this coin, but I still dislike it because of the fact that it is not decentralized like a lot of other cryptos out there.
Other than Bitcoin Cash, Litecoin, and Dash, the rest of the top 10 faired quite well with gains today.
2018 looks like it is shaping up to be everything that it promised as there are lots of coins pumping with extreme speed and intensity.
Tron and Stellar continue their steep upward moves and NEM had a 60 percent gain today.
NEO, Monero, and EOS all pumped fairly hard today as well.
Status had another huge 64 percent plus day, which makes 2 massive days in a row for this coin.
Steem had another great day as well, and while it was much higher earlier in the day, it has settled around $7.70 with a $1.89 Billion dollar market cap. Steem has been on a huge run lately and I know this is making a lot of fellow Steemians very happy!
One of my favorite projects Decentraland (MANA) finally had a breakout day and settled around $0.15 each after reaching as high as $0.18 earlier in the day. This project is still very far out from implementation and I think it still has lots of room for growth.
IoT Chain was the biggest gainer for the top 100 today at over 100 percent propelling it to a $295 million dollar market cap.
Enjin continued it's upward path to $0.21+ and was a high as 25 cents at one point during the day.
I expect a lot more growth and a lot more money into crypto throughout this year. I also think that Bitcoin will also finally reach new all-time highs soon as well, but keep in mind that this is just my personal speculation and not investment advice!
What do you think will happen next in crypto? Tell me in the comments!
To the moon,
I hope IOTA does a ripple soon
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You seem like you will be worth to follow :)
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great post sir,I also think we will see a huge amount of pump and dumps this year, which will stagger the growth of some truly fantastic coins. That being said, I think the year will be overwhelmingly positive for the market as a whole, with a lot of new and innovative coins hitting the cryptosphere.
Resteemed.
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Enjin is even growing faster now! I'm really interested to see where the coin is going. Their usecase is fantastic but quite uncertain when it comes to worldwide acceptance.
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a good day for crypto enjin is rocking
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everything to the moon :)
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Great post. I do like Ripple as while it is not decentralised, it could be the cryptocurrency that provides the sense of legitimacy needed for mass adoption.
The market did fair quite well today. I think Litecoin has levelled off for a while, but that it has a great 2018 price action in store (my opinion only).
I think we will see a huge amount of pump and dumps this year, which will stagger the growth of some truly fantastic coins. That being said, I think the year will be overwhelmingly positive for the market as a whole, with a lot of new and innovative coins hitting the cryptosphere.
I'll be posting about a coin every day in 2018 and analysing it fundamentally, make sure you check some out!
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