Cryptocurrency markets: Top 10 coins with greatest 24-hour change 10 Jan 2018
WAX, Ripple and Tron. Here are all the biggest crypto movers over the last 24 hours.
While 2017 was the year of bitcoin, it's looking like 2018 will be the year of the altcoin as other currencies begin to be noticed off the back of bitcoin's hype.
These are the five biggest winners and five biggest losers in the last 24 hours.
1. WAX (WAX) +110%
WAX, or the Worldwide Asset eXchange is a decentralised platform providing a marketplace for online video game assets. It wants to capitalise on the over 400+ million online players who collect, buy and sell exclusive in-game items. WAX completed its ICO at the end of November and finally distributed its tokens across holders at the start of January. After being finally listed, it has resulted in the price jumping.
2. Mediblock (MED) +73%
Based on the Qtum platform, Medibloc launched at the end of 2017 to act as an information platform to store personal health data using blockchain technology. Its ICO started in October but has only been listed on exchanges in the past couple of weeks.
This is the second day in a row it has gone up over 40%.
3. DeepBrain Chain (DBC) +50%
News has come out that DeepBrain Chain is going to be listed on exchange Huobi after a successful run on KuCoin.
4. Storm (STORM) +40%
In the last week Storm has had several glowing mentions by popular crypto Twitter personalities that have been closely followed. As a result, buyers have flocked in and inflated the price for the currency.
5. Iconomi (ICN) +32.5%
Iconomi itself is building a digital asset management platform for blockchains and cryptocurrencies. And in the last 24 hours, they've added support for 140 new countries to be verified on the platform, opening up its market massively.
1. Tron (TRX) -30%
Tron has copped a lot of flack recently from prominent crypto traders and analysts, calling out both the company and its founder, Justin Sun. One particular post on Reddit, which has since been taken down after the writer got abused online by the TRX community, pointed out flaws in the tech, saying that nothing yet has really been achieved by the company, other than the founder making lots of money.
2. Kin (KIN) -25%
Kin is reported as being part of a bit of a pump and dump and currently seems to be at the dump part of that phase. It should stabilise itself again in the next few days.
3. Ripple (XRP) -17%
Ripple is still feeling the effects from CoinMarketCap removing Korean exchanges from its reference databases. There is also a little bit of correction to the price after it skyrocketed in the last couple of weeks. Things should start evening out again next week, unless there is another big announcement around it, such as rumours of it being added to Coinbase.
4. Dentacoin (DCN) -14%
What goes up must come down. Dentacoin was apparently part of a massive pump and dump earlier in the week, going up over 120% in 24 hours. Then over the last 2 days it has come back down again after everyone began to sell the token.
5. Stratis (STRAT) -13%
Stratis saw a massive spike in the last week after announce the first ICOs on its platform. The last 24 hours have been correcting that price.