This Monday 17 new ICOs were listed on ICO Daily database. This shows that ICO fundraisers do not sleep, at all. Some of those ICOs seem to be rather convincing and credible, but the majority of the new faces on the list are shady.
During the weekend Bitcoin soared and set its destination — Moon. At the moment of writing this blog post BTC is at $3,3330, which is really, really impressive. Should we expect something more? $5,000 perhaps?
On the other hand, Ethereum seems to be squirming in its seat and kicking its way forward. Its price also increased to $268. According to some analysis, Ethereum might hit $2,000 at some point in time if acquiring Ethereum becomes easier, ICOs are regulated and become the main type of funding, and also, PoS (Proof of Stake). Which will mean that no more than 100million coins will be made/available (If the PoS is correctly integrated).
If Ethereum switches over to PoS, the daily issuence of the coin will drop — less Ether created every day, as a consequence, the supply drops. At the moment, $2,000 is just a dream, but it’s really possible.
During the weekend, 4 ICOs closed down, but only one of them managed to raise 100% of its cap — Monster Byte Inc.
CryptoABS raised $1,165 (0,10% of total cap), Becksang presale raised only 11ETH (The cap is not accounced), and Sandcoin presale generated $224,078 (7% of total cap), which is not that bad.
The newest Coins (Recently finished ICOs) listed on CoinMarketCap are:
District0x (DNT) Listed on 03/08/17
Compcoin (CMP) Listed on 03/08/17
Monkey Capital (MNY) Listed on 03/08/17
Fund Yourself Now (FYN) Listed on 04/08/17
Stox (STX) Listed on 05/08/17
Find out more information on Current ICOs here: https://icodaily.net/2017/08/07/ico-daily-7-aug-ethereum-might-reach-2000/