After the nice gain a few days back followed by an immediate decrease, we do see an quite uncertain market today with many up and downs during the day of more than $10 billion USD ending the day with a small decrease.
Total Market Capitalization:
After starting with a small fast gain into the day the market started to decrease fast only to increase once more and then following the classic up and down pattern. The total market capitalization decreased nearly $3 billion USD today, from barley $259 billion USD total market capitalization 24 hours ago to little more than $256 billion USD total market capitalization at time of writing:
Dominance (Percentage of Total Market Capitalization):
| Cryptocurrency | Dominance |
|---|---|
| Bitcoin [BTC] | 45,00% |
| Ethereum [ETH] | 14,54% |
| Ripple [XRP] | 7,53% |
| Bitcoin Cash [BCH1] | 4,24% |
| Litecoin [LTC] | 2,60% |
| NEO [NEO] | 1,19% |
| Monero [XMR] | 1,07% |
| IOTA [MIOTA] | 1,06% |
| Dash [DASH] | 0,94% |
| NEM [XEM] | 0,78% |
| Others | 21,03% |
Top 15 chart (measured by their Market Capitalization):
Reflecting the resent decreasing market we do only see 4 green numbers in our top 15 chart today with the best performing Cryptocurrency in our top 15 chart being with no doubt TRON [TRX] today with an astonishing increase of more than 27% over the course of the last 24 hours. Worst performing one in our top 15 chart is Cardano [ADA] today with an decrease of nearly 6% today followed by Stellar [XLM] decreasing nearly 5% today:
Top Gainer Today (out of the Top 100):
Checking the top 100 chart reveals TRON [TRX] actually being the best performing Cryptocurrency in our top 100 today. Second best performing one is once more Ontology [ONT] with an increase of little more than 20% over the course of the last 24 hours:
Top Loser Today (out of the Top 100):
Worst performing Cryptocurrency in our top 100 chart, measured by their market capitalization, is Ardor [ARDR] today with an decrease of more than 14% over the course of the last 24 hours followed by Kin [KIN] with an decrease of more than 13% today:
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Disclaimer: I'm in no way a financial advisor. I just state my opinion! Never do investments because someone told you or in the fear of missing out! Take your time to research. Don't be sheep, develop critical thinking on your own!
If you are interested in my opinions and daily cryptocurrency news updates feel free to upvote, resteem and:
Nice post. Sad you have to tell people to do their own research. Funny two oh the irony. lol
Even IF I would be an financial advisor, and to be clear I'M NOT, I would always recommend people to do their own research. With a market this young literally everything could happen. Of course I believe in Cryptocurrencies (or better put in some since there are just to many shady projects out there). But if someone new to Cryptocurrencies tries to invest they should understand the at least the basics about Cryptocurrencies in general and the vision of there chosen Cryptocurrency before investing and not blindly invest because someone on the internet told them they will get rich.
Just think about that Bitconnect stuff if the people who put their money into that just took the time to research that project and understand how it works they would have seen that it was a classic Ponzi Scheme which obviously had to crash at one point. I'm just trying to encourage critical thinking and hopefully prevent some losses like that.
The fact that you encourage critical thinking is good. The fact you have to tell people to do their own research is bad, because they should already know they need to do their own research. I was not saying anything against what you have done, just commenting on the fact that people don't know they should be researching for themselves. I like your post because they are informative and a person can check out what your sharing verifying that it is truth.
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