7TH DAY & WEEKLY CRYPTO MARKET UPDATE (July-August 2018): 3 Projects To Buy This Week-Now
Okay, let me start like this. I would love to do this weekly and every 7 days if all works are equal.
Meaning: if the current market trend continues…
Again, note that the suggestions here might hold today, tomorrow and till 5th August, and also, it might not. Be it as it may, this quick hack is based on the current market as of July, 31st, 2018.
I want to quickly show you the weekly crypto market update featuring the Coins, initial trade price, new trade Price and the current difference (%).
Before we go further, should you need the reasons why some of these projects have surged as we analyzed, see The Top 30 Best Cryptocurrencies MOONING BASED ON AUGUST 2018 ANALYSIS.
Again, you want to also check our Top 7 active cryptocurrencies for August 2018. From there, you will see the need for me to send you all these analytics.
If you are already excited as I am, then let me be your second crypto guy. I am always excited because I love this – love what I am doing here.
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7TH DAY & WEEKLY CRYPTO MARKET UPDATE
Based on current market trend as at 31st July, 2018.
Gainers Vs Losers?
Below is the summary.
Initial Trade Price – $195.37 USD
New Trade Price – $218.89 USD
Difference (%) – +11.1%
Initial Trade Price – $25.84 USD
New Trade Price – $29.99 USD
Difference (%) – +11.5%
Initial Trade Price – $1.83 USD
New Trade Price – $2.61 USD
Difference (%) – +45.7%
There are gainers and losers. But, I won’t feature the losers since there were not in our top 7 cryptos of the month. However, if you want to clear doubts, they are Waves, Ark and more.
Let’s head on.
WHY THE RESULT?
I already analyzed the decision pointers about VeChain.
However, more reason why the blockchain project has surged is that after VEN’s token swap to VET, its price spiked when Binance kicked-off trades with fee less transactions
On June 25th, Binance would open new VeChain Thor (VET) trading pairs (including VET/BTC, VET/ETH, VET/BNB and VET/USDT), and would subsequently re-launch deposits and withdrawals.
The VeChain Thor network is now steaming ahead with its planned migration.
The VeChain Foundation had previously confirmed that exchange-led token swaps would proceed by mid-July, the VeChain Foundation itself would provide a token swap service thereafter.
Zencash had surged from the moment the blockchain project introduced super nodes to its software.
According to ZenCash, Super Nodes bring two important optimizations to the network:
1. “They allow tracking and payment of Secure Nodes to be moved on-chain, or in the protocol, which is a major change from the current management which is done via external server clusters.
2. They provide the required infrastructure to implement Side Chaining which moves ZenCash from a pure cryptocurrency to an application ready platform upon which an unbounded set of services can be built.”
I have already shown the green flags about Zcash on top blockchain projects.
In addition, Zcash added up because the project became listed on the Evolve Markets exchange and BitGo Blockchain Security Company.
Evolve Markets is the next generation online brokerage powered by cryptocurrency.
Evolve Markets affords users the ability to leverage up to 50X. It also boasts orderbook trade matching, full depth-of-market, and Bitcoin (BTC) and Litecoin (LTC) base currencies — with the belief that Bitcoin is the decentralized global value asset of the future.
Evolve’s cryptocurrency pricing, liquidity, and leverage is made possible by its proprietary matching engine – which allows traders to match volume with each other, in addition to order book volume from other cryptocurrency exchanges on the Metatrader 5 platform.
The addition of Zcash (ZEC) – a cryptocurrency aimed at using cryptography to provide enhanced privacy for its users – is a welcome addition to the ever-growing Evolve platform.
Zcash is most famous in the cryptocurrency community for pioneering the use of privacy-focused zero-knowledge proofs.
One factor leads to another and the Blockchain projects surge.
When once there is a mere facilitation or integration of Blockchain projects on major platforms or startups, the coins are likely to surge just as we have seen.
Be it as it may, I hope you liked this short analytics of why you should take action now and buy or start trading these 3 Altcoins now?
Note: these projects are capable of 7th days return. 😉
Disclosure: this info is for educational purpose, and has nothing to do with iwillteachucrypto.com
Ref: Coininsider.com, Coindirect.com, Cryptovest.com, Bitcoinist.com