Asian Altcoin Trading Roundup: Top Cryptocurrency is DigixDAO

1 min


The selloff continues because the week ends in crypto land. Asians are main the way in which and dropping their digital currencies for the third day in a row. Bitcoin has misplaced 8% on the day and has dropped again to simply over $10ok, altcoins as normal have been hit more durable and are all within the pink throughout this morning’s Asian buying and selling session.

We have now to go a great distance out of the highest 25 to seek out one that’s truly up on the day. The one one within the prime slot that’s even within the inexperienced is Nano which we featured yesterday. Nonetheless buying and selling greater on information of the app launch, Nano is up 3.8% on the day – each different altcoin has fallen.

The following cryptocurrency that’s up is DigixDAO, the gold based mostly crypto that appears to do effectively when all others are falling. DGD is up 4.2% on the day, buying and selling at $318 on the time of writing and has had an excellent week gaining 34% from $235 this time final week. The one main distinction with this coin is that it’s based mostly on a commodity which is why it appears to climate the storms higher when all others are plummeting.

There are solely 2 million DGD tokens circulating, most of that are traded on Binance which has virtually 90% of the full. Market capability presently stands at $635 million and it’s ranked at quantity 35. $77.5 million has been traded in DGD over the previous 24 hours.

All different altcoins are within the pink however ones that haven’t taken such a success embody Ethereum, Neo, Bitcoin Gold, Rchain, and Maker. There are some bargains on the market for people who like to purchase the dip nonetheless the dip might preserve dipping all through the day.

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Nikolai

Nikolai is a Canadian writer currently living in Singapore. His started writing on Blockchian and bitcoin since 2017, he do Reviews and Analysis on Coins, ICOs. He holds a Master in Business Management and have keen interest in Computer Since, Blockchain and love to write on latest trends in Blockchain space.

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