Cryptocurrency: Top 5 winning and losing coins 13 March 2018

Posted: 13 March 2018 11:00 am

There are still some recent gains, even as cryptocurrency markets continue diving.

There's a lot of red on the board as cryptocurrency markets continue slumping. Despite that, there are still some gains, but in the volatile cryptocurrency world, they might be back in the red by the time you read this. Note that in many cases the large gains or losses will be mostly due to a recent shift in the other direction.

Meet the top 24-hour winners and losers today, at the time of writing, of the top 100 coins by market cap according to CoinMarketCap.

1. Substratum – up 40.8%

A decentralised network that lets users distribute their computing resources to each other, similar to Golem and MaidSafeCoin, but perhaps with a stronger emphasis on ease of use for anyone, even without any particular technical knowledge.

2. NEM – up 11.4%

A large general purpose blockchain network, designed to the digitisation of assets, smart contracts and other tokens in the same ecosystem.

3. SIRIN LABS token – up 4.8%

A coin that can be redeemed for SIRIN hardware at a discount relative to their anticipated fiat currency prices.

4. DigiByte – up 4.8%

A monetary style token that wants to be used for payments. Its most defining characteristics are an enthusiastic community and a lack of technical documentation.

5. Kucoin Shares – up 4.1%

The native token of the Kucoin exchange. It pays dividends to its holders, of a portion of the total transaction fees paid on the platform. Someone with a lot of Kucoin Shares will eventually find themselves with a very wide range of small amounts of other coins, which can add up over time.

1. Dentacoin – down 14.8%

A blockchain for teeth and the dental industry as a whole.

2. Byteball Bytes – down 12.2%

The native token of the Byteball system, a decentralised system that allows for conditional smart contract-based payments.

3. Particl – down 11.9%

A platform for building decentralised applications (DApps), designed to be usable with a wide range of cryptocurrencies.

4. Syscoin – down 10.4%

The native token of the Syscoin decentralised marketplace.

5. Veritaseum – down 9.9%

The native token of the Veritaseum marketplace, designed to allow for the digitisation and trustless exchange of assets.

Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, SALT, BTC, NANO

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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