Cryptocurrency: Top 5 gains and losses 9 March 2018
Cryptocurrency's biggest winners and losers today.
The cryptocurrency markets are mostly looking down, but with a few gainers among them. These are the top 5 gains and losses over the last 24 hours at the time of writing, of the top 100 coins by market cap, according to CoinMarketCap.
1. SIRIN LABS token – up 16.9%
This is fairly different to most tokens. It's relatively featureless, but will eventually allow people to buy SIRIN products at a discounted rate. Specifically their smartphone and PC. Both aim to be the first phone and PC built from scratch to operate on blockchain systems. The SIRIN smartphone will come preloaded with Status Network, while the PC is designed to allow for blockchain cloud computing through a Golem-like system.
If everything goes to plan, it eventually aims to operate them on the IOTA tangle.
2. NEM – up 14.1%
NEM is a popular general purpose blockchain system that aims to allow for a wide range of functions and applications, with an emphasis on digitising a range of different assets.
3. Loopring – up 6.4%
A decentralised exchange protocol that aims to allow for automated fragmenting of trades across multiple platforms to get significantly better prices.
4. Genesis Vision – up 4.8%
A decentralised network of traders, brokers, exchanges and investors. It aims to create a global network of, ideally, every single one on the planet.
5. Ethereum Classic – up 2%
1. DigixDAO – down 20.4%
A gold-backed paired stablecoin system. One token is backed by gold collateral and used for governance, the other is stabilised and pegged to US$1.
2. IOStoken – down 19%
3. Monero – down 17.7%
One of the best known privacy coins, allowing completely anonymous transactions that don't appear on the ledger and cannot be tracked. Also a favourite of cryptojackers and North Korea thanks to its anonymity plus GPU-minability and an ASIC-resistant mining algorithm.
4. Nano – down 17.5%
5. Iconomi – down 17%
A platform that allows its users to invest in "digital asset arrays", which are like miniature managed cryptocurrency portfolios.
Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, SALT, BTC, NANO
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