When crypto markets head south there are usually very few to escape the wrath of the bears. A similar purge was initiated a couple of hours ago as $2 billion was shaved off crypto market cap in a matter of minutes.
As expected very few came out unscathed but there is one that is currently shining above the rest and the only beacon of green in a sea of red at the moment. In a double flippening into the top ten with a gain of 18% on the day.
has been in a downward spiral for over a year with very little to note coming from the team in terms of developments. How things have changed for ADA which, this time last year, was the fifth largest with a market cap of almost $10 billion. Nearly all of that has been dumped to crush the coin by over 97% as it slides down the charts to twelfth spot.
A similar situation has occurred with SV which has been going nowhere but down since its birth in November. Currently at below $60 BSV has dumped another 5% on the day dropping it out of the top ten as market cap dwindles.
Around 24 hours ago BNB was priced below $7 but as markets dumped during in Asia this morning it took the opposite route and headed upwards, currently at $8.26, the highest it has been since mid-November. Daily volume has surged from $76 million to $111 million, 35% of which us in USDT. BNB now has a market cap of over $1 billion as it surpasses BSV and takes tenth, just $400 million away from which has also been very weak recently.
The latest announcement from the team has been a new Launchpad project;
Read up on the next Launchpad project in latest in-depth report.
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According to the official post Fetch.Ai
“brings together machine learning (“ML”), artificial intelligence (“AI”), multi-agent systems and decentralized technology to create an economic internet,” with a goal to “automate a limitless number of markets which currently require tremendous manual intervention,”
There have been successful rounds of public private sales of FET in June last year during which $974,975 & 24,596.5 ETH were raised. Public endorsement for the project via the world’s top crypto exchange appears to be driving momentum for its own native .
is currently the only exchange providing tangible pump events and the dividends are paying off for BNB which is now part of the elusive top ten. which has performed well in 2019.
Published at Wed, 06 Feb 2019 07:07:51 +0000
