Daily Digital Currency Market Analysis.Based on Hard Data and Statistics!
Follow the Data - Not the Hype!
BTC: Social Media Index is stable today at 0.0843, while the number of transactions is down by 13.9% from last week, down to 186,000. Network mining difficulty is currently stable at 51.51E. Average four-hour trading volume is up 17.02% over the same period last week. The shorts appear to be retreating and a slow recover could be on the horizon.
EOS: Social Media Index has been down for the last two days, down to 0.0452 today. Search Index is down 1.5% over the same period last week. But, on-chain transactions remain very high. The EOS dApp retention rate remains high at 58.22%
ETH: Social Media Index has been low for the past 10 days and just can’t seem to get up off the floor, sitting at 0.0218. Number of active addresses is also at a low for the year and can’t seem to recover.
BNB: Social Media Index has heated up a little over last week, sitting at 0.0347 today (0.0316 last week). Search Index has been up for 5 days in a row. BNB is the number one exchange token in terms of volume, at 16.3%
HT: Social Media Index rose slightly to 0.011. Transaction volume remained flat, with no increase in volume.
DOGE: Social Media Index has come back to 0.0327. Transaction volume remains flat. Difficulty is approaching the highest level for the past 30-days. Community activity is up.
BTS: Social Media Index has been icy cold for the past week, standing at 0.0024 today.
ZEC: Social Media Index has seen some warming up, reaching 0.0306 today, while transaction volume and Search Index are both at their lows for the year, and in a consolidation pattern.
XMR: The anonymous US token has seen its Social Media Index fall for the past two days, and now sitting at 0.0437. On-chain activity has seen a recovery, but overall volume remains at the low for the year, as fundamentals appear to be weak.
Date: Oct. 15, 2018 (Hong Kong Time; GMT+8)
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