FOMO Moments
Current performing altcoins are Nem, Aeternity, Ontology, Zilliqa and Siacoin.
Indecision has kept markets sideways for another day and no real momentum can be measured in either direction at the moment. Total market cap has crept up marginally but has still not surpassed $350 billion. Bitcoin remains lulling around the $7,700 level, unable to climb back to $8k. BTC is up slightly on the day by around 1.3%, ETH has also made tiny gains of 1.3% to remain just over $610. When gains are small the altcoins are usually mixed, some dropping a little, some gaining. There are a few solid gainers today however and the best performing one in the top 25 at the moment is Nem, with Aeternity at 27 also surging.
According to CMC XEM has risen by 10% over the past 24 hours and the pump is ongoing. Nem has had a rough couple of months falling heavily from highs at the beginning of the year; it is almost back to November last year’s levels. Currently trading at $0.275 Nem is up from $0.25 this time yesterday. The weekly view shows a 15% gain since this time last Thursday when it was trading at $0.24. Over the past month however NEM has taken a beating along with most other cryptos, falling 27% from $0.38 this time last month. Against Bitcoin XEM is up 9% on the day to 3590 satoshis from 3290 sats this time yesterday. Over the week it has made 10% on BTC from 3260 satoshis this time last week.
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