Weekly Noob Look at Crypto Market #21 - CTP Token Wild Run!

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The past week was pretty quiet in the markets, except a few coins on Steem-Engine markets that were going wild... But, let us see how was performing my favorite coins and tokens...

If I say you that Bitcoin has done exactly the same thing as in my previous report, you won't believe me... lol... You can go to Coinmarketcap website and see for yourselves... Unbelievable, but it has almost the exact price like 7 days before, $7425 and it was $7444... But, if we take a closer look, it was making a bigger margin this time and was traded as lower as $6916... So, it was a significant drop this time, but the price bounced from the buying wall.

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The same story goes for Ethereum. Its price at the moment is exactly the same as last Sunday, $136$. It also had a small dip to $127 but went back to this level. The price in Bitcoins is 0.01835360 BTC, just slightly more than the past week.

Unfortunately, we can't say the same for STEEM as its price continued to go down after settling down the rumor about Justin Sun's interest in Steemit Inc... The current price is $0.123, and in the last report, it was $0.131... If we check the price in Bitcoins, it is 1661 satoshis, and it was 1756 satoshis 7 days ago.

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A lot of great news came from the #CTP admins and the price of the CTP token reacted strongly. The IPN has been released and you can actually buy with CTP tokens upgrades at ClickTrackProfit website and soon it will be integrated on external websites. It is interesting that the new payment processor named FirePay will have possibility of integration other Steem-Engine tokens also, so more use cases and better days for tokens are coming.
As I said before, the price of CTP tokens went up to 0.09495 STEEM, which is almost 5 times more than just 10-15 days before... Anyways, the buy/sell margin is really big at the moment, and the price is very volatile, so please trade with caution... It is traded in a range of 0.02-0.095. The circulating supply is 849,960CTP tokens and the last 24h volume was 26 STEEM / $3.20.

PAL token has squeezed its price a little bit, and it was traded in the 0.080-0.083 price range. Almost the same as the last week. The circulating supply is5.929 M PAL and the last 24h volume was 165 STEEM / $20.40.

It' s almost the same situation with SPT token. The price is still where it was last week, just the margins get more squeezed, as it is trading in the 0.0023-0.0027 range today. Circulating supply is 31.364 M SPT and the last 24h volume was really low, just 5 STEEM / $0.67.

LEO token has lost around 5% in its price from the last week. It is traded in the 0.183-0.185 STEEM range. Circulating supply is 3.944 M LEO and the last 24h volume was even better than last week, 1,528 STEEM / $190.43.


My staked tokens summary (this week - last week):
CTP token - 40500 (37730)
LEO token - 3330 (3272)
BATTLE token - 9029 (9000)
SPT token - 19550 (18056)
PAL token - 1123 (1092)

~ph~

DISCLAIMER: I am not a financial advisor. The advice here given is not a piece of financial advice even though my excitement might make it look like such.


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9 comments
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Another great report, especially the CTP token and the IPN news.

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The credits for awesome things on CTP go to Blain and Jon... I have just written them down. :)

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I like your reports they help me understand things i dont know about.

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Thank you for your kind words, but you are one of the old wolves of affiliate marketing that knows a lot more than me!

I'm learning a lot from your post.

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Great update Zoltan, and I really like this development with the CTP token, I think that it will take some time to stabilize, the IPN launch got dragged out and now it's launched so the market is still a bit shocked and don't really know how to react, the sellers don't want to sell and the buyers are still a bit cautious, stay awesome.

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I expect some movements when more websites start accepting CTP token... ;) But, everything is connected in CTP-CTP token... When a token is more valuable, others are more motivated to create content as its worth more, but we are still a slow community and people have to understand how everything works to start using it...

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