Top Ten Altcoins
Last week’s correction continued and the prices of Altcoins were falling on each day. Although it is considered as a healthy correction, prices are moving like a roller-coster but generally showing a downward trend. The list of Top Ten Altcoins remains the same as compared to last week.
The list of top ten cryptocurrencies remains the same but EOS, this week’s major game changer gained a posotion in the list of top ten altcoins for few days in a week.
It was at number Eight posotion, but at the time of publishing this article, EOS is out of the list of Top Ten Altcoins and is at number Twelve.
Though the market is in a correction phase, investors with a long term perspective can enter into the market. The current trend is a buying phase and investors looking for investments can enter into cryptocurrency markets. The investments should be made only in fundamentally strong cryptocurrencies and tokens.
Some major crypto-happening this week:
- Litecoin shocked traders and investors. Litecoin witnessed continuous price swings within the range of $40-$50. For some time, Litecoin was also the most traded cryptocurrency in terms of Volume on Poloniex cryptocurrency exchange.
- Dash was increasing stable and crossed $200 mark. The prices increased from $175 to $205. Although prices went down to it’s starting point on 8 July 2017. But it started recovering as the market overall started recovering.
- DASH and NEM switched posotion in the list of top ten altcoins, as compared to last week.
- Ethereum Foundations announced it’s Third Annual Developer’s Conference (DEVCON).
List of Top ten Cryptocurrencies as on 9 July 2017
KryptoMoney.com posts a list of Top Ten Altcoins on every Sunday. This is our Eleventh report and previous one was published on 2 July 2017.
|S. NO.||Name||Market Capitalization*||Price (in US$)||Supply ( in circulation)|
|5||Ethereum Classic||$1,581,463,990||$16.94||93,374,978 ETC|
Source = Coinmarketcap.com
*Market Capitalization is calculated by multiplying the price with the supply of coins in circuclation.
$1=INR 64.75 as on 02/07/2017
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