THELOGICALINDIAN - FOMO Moments
Crypto markets are bleeding this morning as we bump appear a new account low. Google’s accommodation to ban advertising, while at the aforementioned time advance in a crypto company, has acquired a beachcomber of agitation affairs already again. Bitcoin is arch the allegation of the bears by address 14% in the accomplished 24 hours and bottomward beneath the key $8,000 level. Altcoins are all tanking and alone one is in the blooming this morning, DigixDAO.
According to Coinmarketcap DGD is trading aloof over 4% college during the morning’s Asian trading session. It is the alone altcoin in the blooming in the top 100 area abounding accept comatose by over 25% in the accomplished day; it is addition bloodbath in crypto land. The markets are rapidly abutting the big dip of February 6 back absolute accommodation fell to $280 billion, at the moment it is $315 billion. Over $60 billion has been taken out of the crypto bazaar in aloof 24 hours, back things abatement they abatement fast and hard.
DigixDAO has performed able-bodied in times of affliction before. It is currently trading at $340, up from $330 this time yesterday. In agreement of BTC it is assuming alike better, jumping 20% to 4328870 satoshis from 3604810 sats this time yesterday. This coincides with Bitcoin’s big slump over the accomplished few days.
A contempo Medium column highlights the latest dev updates area the aggregation is accepting accessible for Mainnet, Kyber Network exchange, and UI Improvements for public. Digix is additionally alteration the name of their proprietary agreement from “Proof of Asset (PoA)” to “Proof of Provenance (PoP)”. New developments to this gold based crypto accept kept it afloat back all others are sinking.
DGD is traded predominantly on Binance which has 80% of the barter volume. Over the accomplished 24 hours $37.5 actor has been traded in DGD putting its bazaar accommodation at $680 million. Other altcoins accept all been aged this morning with Cardano, Stellar, Nem, Iota, VeChain, Lisk, Nano, and Icon all demography a hit of over 20%.
More on Digix can be begin here: https://digix.global/
FOMO Moments is a area that takes a circadian attending at the top 25 altcoins during the Asian trading affair and analyses the best assuming one, attractive for trends and fundamentals.
