Hi Guys,
The market is getting momentum. Total market cap is $618 billion, not at the levels beginning of January of $800 billion but we are getting there. The majority of the altcoins are up and the few that are down show minor declines. My favorite signal is that BTC is up together with the altcoins. This is a very good sign guys. BTC is up by 8.81%! This implies more fiat money is flowing into the cryptomarket and value is transferred from BTC to altcoins.
There is room for much more growth. Earlier in my blogs I have made an comparison of crypto market cap and the size of the stock market, which is many trillions. The crypto market has a long way to grow. You should be happy that you are already reading about it and maybe buying coins already. It is not too late to step in.
One of my favorite coins is EOS. EOS increased by 21% today. Always nice when you wake up open your altfolio and see the value soaring. I do not see a reason why EOS could go down, it will keep climbing until their partnership announcement on the 23rd. Join their telegram channel so you are updated on the news and announcements.
Today it is an exiting day for me personally as well. I am starting an ICO (Initial Coin Offering) to launch a crypto exchange in a few months. More about that in the next blogs.
Thanks for reading and have a nice day.