Welcome to the Weekend Altcoin Report.
In this Edition:
- Market Recap for the week
- Biggest Movers this Week (Top 100)
- Top 5 Small-Cap Gainers this week
- Low-Cap Gems & Altcoin Pick for this Month
After flirting with the $50k mark for the last three weeks, BTC has finally broken this psychological barrier on the afternoon of Friday, September 3rd. This is a strong sign for an exceptional month for cryptocurrencies ahead.
Top 10 Altcoins:
Within the Top 10 cryptocurrencies, we have seen some remarkable movement in the last week. Ethereum is up an +22% from the prior week. Worthy of mention is XRP which is also up 12% from last week and Polkadot made an impressive jump into the top 10 list with 30% increase over the last week.
Biggest Movers this Week (Top 100)
Within the Top 100 cryptocurrencies (by market capitalization), we have seen some great movement and incredible gains over the week. Fantom is up 150% from the prior week. OITA is also up an impressive +77% from the prior week. Filecoin is continuing it's impressive gains with another 56% this week.
A favorite is Revain (REV) which has gains of 69% over the last week. Another all-time favorite is Solana (SOL) which is also up 50% in the last week.
TOP 3 SMALL-CAP GAINERS THIS WEEK:
This is a shortlist of the biggest quality projects in the small-capitalization markets over the last week. These projects generally fall into the micro and nano market capitalization ($1M-$100M) as they are comparatively, much smaller capitalization than the more popular projects.
Telos (TLOS) @ $0.80 +454% (30 days) - Small Cap
Telos is an increasingly popular Token for NFT’s and is already used for DeFi, Gaming, Social Media apps and with a focus on decentralized finance. With the popularity of NFT's, this project is taking off.
Links: Website | CoinmarketCap
Bifrost (BFC) @ $0.31 +575% (30 days) - Small Cap
Bifrost is a "multichain middleware" platform that enables developers to create Decentralized Applications (DApps) on top of multiple protocols. Already this project has performed well and given the increasing adoption, will continue.
Links: Website | CoinmarketCap
8Pay Network (8PAY) @ $0.14 +639% (30 days) - Pico Cap
8Pay is the only crypto payment processor that lets you access single, recurring and on-demand payments from a wide range of tokens. This is a game-changer in most regards.
Links: Website | CoinmarketCap |
The cryptocurrency market is a trillion-dollar industry with literally tens of thousands of cryptocurrencies traded daily. Every day new projects enter the market and as these projects grow and develop, I am always on the lookout for the next diamond in the rough.
Low-Cap Gems & Crypto Pick for this Month
These low-cap gems are generally found trading under micro and nano market capitalization ($1M-$100M) and have yet to mature into their full potential.
Our pick for this month: Low-Cap Gems - September (membership required)
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Until next time, trade strong and be legendary,