Current performing altcoins are Siacoin, Sways, DigixDAO and Huobi Token.
More sideways activity 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 burying 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 demonstrating 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 uur, 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 ter 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.Three which is an ongoing update containing a large number of stability fixes.
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There is also a listing on OKEx scheduled for June 11 which could be driving momentum for this altcoin.
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 32 nd 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 Three.6% from $330 billion this time last Friday. All other altcoins are ter 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.