Weekly Noob Look at Crypto Market #25 - All Green?
At last, we have a great view of the Coinmarketcap website... Almost all coins are in the green area except the fake Bitcoin projects... :) (Bitcoin Cash and Bitcoin SV)... Let's dive into some of the coins interesting for us...
If we take a look at Bitcoin chart for the past week, we can see a beautiful picture... The price started to climb from the $8,590 in the first 2-3 days of a week and then stopped to catch the breath... At the moment it's around $9,400, and everyone is expecting news from Chinese Markets tomorrow... We will see how will BTC react to that.
Ethereum is doing great last few weeks... 7 days before the price was $168 and it was climbing every day from then... At the moment it is traded for the price of around $192, which is almost 15% more than last week. If we take a look at the pricing in BTC, it was 0.01954625 BTC, and now it has passed over 0.02, to be more exact, 0.02033655 BTC.
Finally, we have seen some positive movements with the price of our favorite coin, STEEM. Last week it was traded for $0.158, and now it's a whopping $0.18! Everyone is expecting that 20cents price, but we will see how it will go... Price in Bitcoins also looks better than last week, it was 1843 satoshis and now it's 1909 satoshis.
The situation for Steem-Engine tokens was interesting for a lot of them as we saw some nice volumes and price changes...
The CTP token is still searching its price where wants to settle... More and more people are starting to use tokens for paying products and services on external websites through Fire-Pay IPI, and that's one of the main reasons for really nice trading volume in the past week. On the other side, the price went down from 0.08-0.098 range to 0.018-0.055 range. The circulating supply is 996,630 CTP tokens and the last 24h volume was good, 332 STEEM / $60.14.
The PAL token has finally given some life signs and it's price went up from 0.08-0.085 to 0.089-0.099 STEEM per token range. The circulating supply is 6.083 M PAL and the last 24h volume was almost like in the "good old days", 584 STEEM / $105.82.
It was all week boring for SPT token and then today, BAM... The price skyrocketed... I didn't investigate what was it about, but I suppose that it was some kind of burning tokens as this is not a usual situation for this token. The last week's price was 0.00175-0.00192 and today it was in 0.00175-0.0399 range! The circulating supply is 34.254 M SPT and the last 24h volume was outstanding 1,140 STEEM / $206.44.
The LEO token price reacted on the news in the SteemLEO tribe and a new digital product marketplace and went up, from 0.11-0.13 STEEM to 0.18-0.19 price range which is really nice price bump! The circulating supply is 4.11 M LEO and the last 24h volume was 463 STEEM / $83.89.
My staked tokens summary (this week - last week):
CTP token - 49100 (47100)
LEO token - 3425 (3405)
BATTLE token - 9500 (9340)
SPT token - 22468 (21900)
PAL token - 1407 (1380)
~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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Great update about the coins and tokens of interest Zoltan, and nice to see many of them do great, let's see where CTP is headed after all this up and down, stay awesome.
It is headed to the Moon, of course! :)
Of course it is, just a matter of how fast.