Smaller altcoins have significantly not affected the cryptocurrency market cap, though some have experienced minor drops over the last 24 hours, and the green swells witnessed amongst major assets are not as prominent this time around.
At press time, Stellar Lumens is trading for about 41 cents.
Per Tech News Leader, the currency has had difficulty while trying to push its price forward.
Things appeared to change by the mid-week point after Mobile Currency used the Stellar Consensus Protocol to raise over $30 million in seed funds, garnering newfound investor attention for XLM. Cardano.
Cardano has experienced a slight drop in price since our last article, falling from 37 cents to 34 cents respectively.
That's a drop of over one dollar since our last price piece.
The currency was moving at a steady pace throughout April, but is now being labeled as an "Underperformer" by analyst Ken Chigbo who states that resistance has been established at $18.40, and that further price retests will occur in the coming weeks, potentially bringing EOS down further.
As noted in our previous writing, IOTA's price was at $2.5, thus signifying a 20 cent drop in just a few days.
The currency still has big plans in its midst and recently unveiled a new project that executives are simply calling "Q". IOTA founder David Sønstebø says Q will enable smart contracts and bring the currency up to $2.66.
The cryptocurrency market cap stands at $452 billion - a $2 billion decrease since our previous price article.
Crypto Price Watch: Stellar Lumens, Cardano, NEO, EOS and IOTA on Shaky Ground Over Past 24 Hours
Publié le May 6, 2018
by Cryptoslate | Publié le Coinage
Coinage
Mentionné dans cet article
Nouvelles récentes
Voir tout
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.