Market Overview.
The market showed a lot of resilience disappointing traders who thought the sept 30 closure of some Chinese exchanges will harm the market. The market recorded steady growth, declining only once this week and peaked above the $150Billion mark an improvement from the previous week's $141Billion. The market grew by an impressive 13.97% in the last 7 days gaining a $18.405Billion to close (GMT+9) at $150.137Billion. Total volume traded in the last 7 days was $23.149Billion a 2.78% week on week increase. While in the last 24Hr the market grew by 2.25% gaining $3.304Billion and volume traded was $2.976Billion a 4.53% increase from the previous day. A total of 1146 cryptocurrencies and 5675 market pairs were traded. Bitcoin's market dominance increased from 47.6% to 49.2% of the total market cap in the last 7 days.
TOP 10 BY MARKET CAP
| RANK | COIN/ASSET | MARKET CAP (BILLION$) | % 24HR | %7 DAY |
|---|---|---|---|---|
| 1 | BITCOIN BTC | 73.819 | 3.04 | 17.62 |
| 2 | ETHEREUM ETH | 28.556 | 0.71 | 4.76 |
| 3 | RIPPLE XRP | 7.769 | 2.41 | 13.93 |
| 4 | BITCOIN CASH | 6.958 | -2.71 | -1.43 |
| 5 | LITECOIN LTC | 2.911 | 0.73 | 12.92 |
| 6 | DASH DASH | 2.403 | -2.67 | -6.46 |
| 7 | NEM XEM | 2.156 | 2.91 | 8.07 |
| 8 | NEO NEO | 1.843 | 12.31 | 77.55 |
| 9 | IOTA IOTA | 1.698 | -2.19 | 12.75 |
| 10 | MONERO XMR | 1.395 | -2.52 | 1.45 |
| - | TOTAL | 129.508 | 2.01 | 12.66 |
| - | OTHERS | 20.629 | 3.76 | 22.99 |
In course of the week, our biggest gainer was NEO gaining a massive 77.55%, moved up two spots to No.8 pushing IOTA and XMR down one spot each to No.9 and 10 respectively. Also XRP reclaimed its No.3 spot swapping spots with BCH, while DASH recorded the biggest loss of 6.46% as others retained their spots. The top Ten cryptos combined market cap grew by 12.66% in 7 days to close at $129.508Billion, while OTHERS also grew by 22.99% in the last 7 days to close at $20.629Billion outperforming the market.
| PARAMETER | PREV WK | CURR WK | % W/W |
|---|---|---|---|
| 7 DAY VOL | 22.523B | 23.149B | +2.78 |
| AVG DAILY MKT CAP | 131.773B | 143.025B | +8.54 |
TOP 5 BIGGEST GAINERS AND LOSERS IN 7DAYS
| RANK | COIN | %GAINED | COIN | % LOST |
|---|---|---|---|---|
| 1 | BTCGold XBG | +2224.18 | NamoCoin NAMO | -62.44 |
| 2 | Rupee RUP | +602.19 | B3Coin B3 | -45.88 |
| 3 | Cryptoworld CWXT | +523.44 | EmberCoin EMB | -45.00 |
| 4 | ZcCoin ZCC | +353.25 | JouleCoin XJO | -43.22 |
| 5 | PeopleCoin MEN | +348.54 | DentaCoin DCN | -41.76 |
FRESH ICOs
- Etherparty is a contract wizard that removes the complexity of creating, managing and executing smart contracts on multiple blockchains. The platform allows users with zero knowledge of smart contract programming to create an enforceable, self-executing digital agreement for all types of transactions. . Launched 01/10 For more HERE
- Vera helps to find qualified employees. In three hours it goes through the whole chain of the hiring process, finds the best candidates for a job, and invites them to the final interview with the employer. The robot-recruiter reduces the time and labour costs for a large-scale recruitment by 10 times. Vera leads to a reduction in the cost of hiring by 50%. 150+ customers, 60+ thousand qualified responses — is what Vera did in only six months. Monthly revenue growth from 50% to 100%, and increase in gross margin of more than 50%. Launched 01/10 For more HERE
-HireMatch has a mission to revolutionize and disrupt the job marketplace by improving the current job marketplace quality worldwide, reduce the costs across the board, increase employee quality and create a community of people. Via (HIRE) Token, they will implement a democratization of the job market. . Launched 01/10 For more HERE
NEW LISTINGS
| COIN | SYMBOL |
|---|---|
| Cardano | ADA |
| Bismuth | BIS |
| MSD | MSD |
| RegalCoin | REC |
| CoinHood | COB |
| Obsidian | ODN |
NEWS
Bitcoin Exchange BTCC Brings Chinese Trading to a Close-CoinDesk
Bitcoin ‘Will Not Become Legal’ In India Without ‘Monitoring,’ Says Chief Economist -CoinTelegraph
ANNOUNCEMENT/EVENTS
| DATE | COIN | DETAIL |
|---|---|---|
| OCT 2 | NEM | COMSA ICO |
| OCT 2 | TKN | BETA Release and Community Meetup |
| OCT 2-3 | EMC2 | The Rise of ICO conference Austria |
| OCT 3 | NEM | Forum BlockChain Solutions Barcelona |
| OCT 3-4 | XLM | BFC 2017. BlockChain For Finance Conference Dublin |
| OCT 3-5 | EMC2 | BlockChain Solutions Forum Conference in SPAIN. |
| OCT 4 | OAX | ROADMAP and UPDATES |
| OCT 8 | NEO | RED PULCE ICO |
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
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