FOMO MomentsCurrent performing altcoins are Siacoin, Sways, DigixDAO and Huobi Token.
More sideways act spil wij end the week te crypto land. Markets have lost a little today wiping out their minor gains yesterday. Total market cap has fallen marginally to just overheen $340 billion. There is crimson across the boards and all cryptos are submerging merienda again. Bitcoin has lost a fraction of a procent and is trading around $7,650 while Ethereum is down 1.7% to a touch overheen $600. All altcoins with the exception of one or two are ter the crimson spil wij inject what could be another bearish weekend. Only one or two are displaying positive momentum at the ogenblik and the leading coin at the time of writing is Siacoin.
According to CMC Siacoin is on a pump at the ogenblik, up 9% on the while while all other altcoins have fallen. Presently trading at $0.018 SC is up from $0.016 this time yesterday and is the only coin te the green te the top 30. Overheen the past week Siacoin has made 18% from a level of $0.015 this time last Friday. The past month has seen a fall however of 33% from $0.026 this time last month. Against Bitcoin SC has made a build up of 10% on the day to 232 satoshis from 209 sats this time yesterday. Weekly gains against BTC have bot around 14% from just overheen 200 satoshis the same time last Friday.
Siacoin has bot around for a while, it works on a cloud storage based premise that permits for sharing of spare hard drive space. The team has just released version 1.Trio.Trio which is an ongoing update containing a large number of stability fixes.
Sia v1.Trio.Three release is here!! Main fresh feature: movie streaming (overheen particular network). This is a meaty step for Sia. Learn how to get began streaming at our blog. https://t.co/ryqbvgDKPh
&mdash, Sia Tech (@SiaTechHQ) June 7,
There is also a listing on OKEx scheduled for June 11 which could be driving momentum for this altcoin.
Aeternity(AE) & Siacoin(SC) Available Soonhttps://t.co/Rb86n6qx5s pic.twitter.com/3vac193NH8
&mdash, OKEx (@OKEx_) June 6,
South Korea is all overheen Siacoin this morning with Upbit taking almost half of the total trade volume, most of which is ter KRW. Bittrex is the 2nd most popular exchange with just under 25%. SC volume has actually fallen slightly from $28 million to $26 million. Its market cap is around $620 million ranking this token at 32nd spot.
Total crypto market capitalization has declined slightly today by 1.7% to $342 billion. Volume has dropped by a billion dollars to $14.Five billion and the markets are still pretty stagnant. Overheen the past week they are up Trio.6% from $330 billion this time last Friday. All other altcoins are te the crimson during Asian trading this morning with the exception of Flaps up 6%, DigitxDAO predictably up Five.5%, and Huobi Token up 6%.
More on Siacoin can be found here: https://sia.tech/
FOMO Moments is a section that takes a daily look at the top 25 altcoins during the Asian trading session and analyses the best performing one, looking for trends and possible fundamentals.