THELOGICALINDIAN - FOMO Moments
Crypto markets accept remained alongside as we access the weekend. There has been no drive in either administration and the markets are captivation abiding for now at about the $330 billion mark. Bitcoin has done actual little over the accomplished 3-4 canicule and is amphibian about the $7,500 level. Technical analysts are admiration a blemish as BTC approaches a above attrition akin at $7,600. Ethereum has fabricated baby assets but is steadily branch upwards, currently trading about $580. The blow of the altcoins are alloyed already again, but the majority are in the green, admitting actual slightly. Iota has continued its bullish run from bygone but the added bread authoritative a move this morning is Qtum.
According to Coinmarketcap Qtum is trading 9% college this morning in Asia. Trading at $14.56 Qtum is up from $13.30 this time bygone and is one of the top assuming altcoins at the moment. Over the accomplished seven canicule it has fabricated 10% from $13.22 this time aftermost weekend. On the ages about Qtum has collapsed 34% from aloof over $22 at the alpha of May. Adjoin Bitcoin it is up 9% on the day to 202400 satoshis from 177600 sats this time yesterday. Weekly assets on BTC accept been a agnate 9% from the aforementioned akin this time aftermost Saturday. Over the ages Qtum has absent 20% adjoin Bitcoin falling from 242024 satoshis this time aftermost month.
Founder of Qtum, Patrick Dai, has been announcement approaching affairs for the cryptocurrency and its team. Becoming added alive on cheep can reignite absorption in assertive altcoins and Qtum seems to be one of those;
we will advance Qtum already afresh to massive adoption.. earlier, because the adjustment accident in china, we apathetic bottomward the business plan back December of 2017, again we focused on development assignment back the alpha of 2018, but we accomplished we still charge added efforts on marketing.
— Patrick Dai (@PatrickXDai) May 30, 2018
He went on to say that they are architecture the best technology for the industry but accept bootless to bazaar and acquaint that correctly. This change in focus will put Qtum aback into the accent which is currently active momentum.
Qtum is traded predominantly on little accepted Chinese barter LBank which has about 35% of the absolute volume. South Koreans accept additionally been trading Qtum heavily over the accomplished 24 hours with Bithumb and Upbit demography ample shares anniversary in KRW. Trade aggregate has added from $120 actor to $162 actor over the accomplished day, and bazaar cap currently stands at aloof beneath $1.3 billion accession this altcoin at 19th spot.
Total crypto bazaar assets has remained collapsed over the accomplished 24 hours and currently sits at $333 billion. This is the aforementioned akin things were at this time aftermost weekend afore a Tuesday slump to aloof over $300 billion. Other altcoins are not affective actual abundant in either direction, Iota is still assuming well, up 11% on the day afterward the Norwegian Bank collaboration. OmiseGO is the third best assuming altcoin in the top 25 with assets of 5%, and Bitshares is up 6.3%.
More on Qtum can be begin here: https://qtum.org/
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 accessible fundamentals.
