Today’s Top Three of Concept Panel: “IoT,” “Notarization,” “Dapp.”
Any rise in crypto market is driven by capital. The concept panel rank rotates with a constant main force capital’s input and output. Lock down the coins on hype, track the trace of the big capitals to “dance” and “benefit” from the crypto fame.
Coinness Cyoto Fame May 25
Foreword:
The last minor bull market started on April 12, when the main force capital tugged the BTC price from $6,900 to $7,600. According to Exchange data, the main force capital consumed around 2000 orders at 9:00 p.m. (UTC-4) on May 24, but soon the price is smashed back to to $7,600. Later that day, OCN exposed OCN’s ERC 20 smart contract bug; BTG double spending attack and Doj opened criminial probe on market manipulation. The BTC nosedived on the heel of preceding news; BTC once dropped to $7,265. The long position continued consuming the listing orders; the price has bounced back to $7,600 level by press time. From the technical aspect of view, $7,600 would be the last crucial supporting level. BTC is expected to take a stance at $7,600 to $8,400 and started a long position vs. short position battle.
Top Three Concept Panel Gainers
“IoT,” “Notarization,” “Dapp.”
IoT （10 coins/ 9 rise, 4 drop) decreased 8.37% by average and it has a quater billion U.S dollar 24-hour trade volume. This is the first time that IoT gets listed on Top 3. There isn’t any sign of the main force yet to be traced. Stay focused to its dynamics.
Notarization (5 coins/ 5 rise, 0 drop) rose by 5.78%. Its 24-hour trading volume reached $15.66 million. As well, Notarization is first time listed on Top 3. All coins rose, taking an assertive stance. FCT increased 2.87% in 24 hours and the trade volume is $2.4 million. FCT has a minor capital outflow around $200,000. FCT has been listed for days, while its price didn’t surpass the pressure level. This might imply a possibility that main force is collecting leverages at downside. When the market surpassed $30, it would be a good time to open a position to buy in.
DAPP (7 coins/ 5 rise, 1 drop) increased 5.42%, with 24-hour trade volume reached $2.6 billion. Capitals inflow to this panel except for EOS. Worthy of the attetion.
EOS：24-hour trading rate reached 15.17% with $2.5 billion trading volume. The capital outflow reached $3.87 million. Coinness has successfully perdicted the nosedive of EOS from $13.3 to $10.5. $10.5 becomes a weekly supporting point. We see it as the low point for this term and will rise and dive following the momentum.
That’s it. Coinness Panel Fame is a referenc-e that should not form any evidence to your trade decision. Please stay focused and trade with caution. See you TMR.
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