Altcoins have rebounded following bitcoin
Which coins and tokens are among leaders of the market?
Currently there are over 900 cryptocoins and over 600 tokens on the cryptomarket, their total capitalization is 516,7 billion dollars. The total value of all cryptocurrencies exceeds 460 billion dollars and 90% of this amount is accounted for the following 10 coins: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Cardano, NEO, Stellar, Dash, IOTA.
Pic.1 The configuration of the coins’ capitalization as at 20.02.2018
Source: the Bitnewstoday calculation according to Coinmarketcap.com
It is worth mentioning, that Monero and NEM also were in the top ten on the level of capitalization (at the time of writing they were ranking 11th and 12th from the total value of coins), whereas Cardano and Stellar became leaders only recently.
The share of NEM in the total cryptomarket capitalization after the significant growth at the beginning of January (2.04% as of 04 January) started to decrease and at the time of writing decreased to 0.91%.
Pic.2 Dynamics of shares of NEM and Monero in the total cryptomarket capitalization
Source: Coinmarketcap.com
The top ten on the capitalization level among tokens are: EOS, TRON, VeChain, Tether, OmiseGO, ICON, Binance Coin, Populous, RChain, Status. It is worth mentioning, that the token market is less concentrated and the top ten have only 45% of the total cost.
Pic. 3 The configuration of tokens’ capitalization as at 20.02.2018
Source: the calculation of Bitnewstoday according to Coinmarketcap.com
Which coins and tokens have grown in value following bitcoin?
The majority of coins (80%) followed bitcoin and also increased in value in the last 7 days. The main cryptocurrency (BTC) has shown increase for almost 35%. The value of major altcoins has also increased and the greatest increase has shown Litecoin – 56.68%.
| Coin | Growth |
| Bitcoin | 34.86% |
| Ethereum | 13.46% |
| Ripple | 10.88% |
| Bitcoin Cash | 25.85% |
| Litecoin | 56.68% |
| Cardano | 7.84% |
| NEO | 24.44% |
| Stellar | 15.59% |
| Dash | 22.29% |
| IOTA | 16.65% |
Source: according to Coinmarketcap.com
The leaders of the value growth among coins became Hexx, Ulatech, MaxCoin, Rupaya, Litecred. The coin Hexx, which demonstrated the record value growth in the last 7 days, is on the exchange since the end of January 2015. The coin HXX already demonstrated the record value growth in early April last year, when it grew from $0,02 to $0,21. Now this cryptocurrency has reached $1,58.
| Coin | Coin’s position on the level of capitalization |
Capitalization | Growth in the last 7 days |
| Hexx | 300 | $2,522,149 | 402.21% |
| Ulatech | 535 | $40,715 | 289.19% |
| MaxCoin | 292 | $2,844,904 | 266.86% |
| Rupaya | 320 | $1,927,728 | 250.10% |
| Litecred | 635 | $94,468 | 219.18% |
Table 1 – Leaders of the value growth among coins in the last 7 days
Source: Coinmarketcap.com
Leaders of the value growth among tokens became Blockport, Bonpay, ERC20, LendConnect, Polymath.
| Token | Token’s position on the level of capitalization |
Capitalization | Growth in the last 7 days |
| Blockport | 153 | $42,361,042 | 188.55% |
| Bonpay | 285 | $12,071,251 | 125.71% |
| ERC20 | 353 | $4,265,659 | 106.85% |
| LendConnect | 349 | $4,657,708 | 94.11% |
| Polymath | 28 | $354,401,062 | 88.37% |
Table 2 – Leaders of the value growth among tokens in the last 7 days
Source: Coinmarketcap.com
Which coins and tokens have lost in value?
In the last 7 days 20% of coins and 25% of tokens lost in value. Among coins the biggest fall showed PRCoin (the fall for more than 84%), Influxcoin (the fall for about 65%), Qbic (the fall for about 64%). These cryptocurrencies are ranking below 400th on the level of capitalization. In the last 7 days major coins NEM (-5,43%) и Nano (-10,96%) also lost in value.
The leaders of the value collapse among tokens are Shadow Token (collapsed for 57,49%) and Bankcoin (-62,77%).
Analysts predict that in the near future the value of major cryptocoins will start to grow and the market will witness new records. Bitnewstoday will follow developments.