Triaconta Weekly #169
The following topics will be addressed in this weekly.
- Bundles performance
- Winners & losers
- Market overview
The market has shown a small recovery this week, but is largely losing that today. Our Bundles are flat or slightly positive for the week.
A year ago we wrote “Currently Bitcoin is worth $9,340 on Coinmarketcap. Ethereum (ETH) is at -2.4%, making the largest altcoin by market cap now worth $227.97. Ripple (XRP), the number 4 behind stablecoin tether (USDT), is down 0.7% and is worth $0.1904”. Bitcoin and Ripple are currently worth 4x, Ethereum 10x as much in just one year.
1 Month: -28.20% | 7D: +1.43% | 24H: -2.86%
1 Month: -42.80% | 7D: +1.82% | 24H: -3.26%
1 Month: -44.72% | 7D : -0.89% | 24H: -2.09%
1 Month: -54.87% | 7D: =-0.33% | 24H: -3.95%
Winners & losers
Waves (+15%) is rising fastest this week (despite a decline of -7% today). Theta (+11%), Polygon (+4%), Hedera Hashgraph (+3%) and Terra (+3%) also closed the week on a positive note. The biggest drop this week is Digibyte (-18%) and also Qtum (-12%), Nano (-11%), Enjin coin (-10%) and Ontology (-10%) have become a lot cheaper.
Warning. Messages appear on the internet of a presale of the Facebook coin Diem and that it can be bought with a discount. Sounds too good to be true, of course, and it is. The official Diem website does not mention any presale.
A decentralized AirBnB competitor will soon launch on the Binance blockchain. The Dtravel platform is community-owned through a decentralized autonomous organization (DAO). Communication and voting is done through the TRVL token and the platform will accept both fiat and crypto payments.
Justin Sun announced his TRON blockchain has exceeded 40 million accounts and that makes it the world’s fastest-growing public chain. Transactions are also increasing day by day and Tron is positioning itself with NFTs, file sharing and decentralized internet. The price however is going sideways and hovers around €0.06 after its drop from the last top of €0.15.
Hodlers are buying. Glassnode analysis reports the first net-positive on the long-term BTC positions. This means large long-term holders are increasing their BTC investments again after a reduction period of seven months that started in November last year.