State of the market

State of the market

By KnightMare | LearningCrypto | 11 Jul 2021


It's been a while since I posted and the market has moved pretty much down in that time. It's been a great opportunity to acquire more crypto-currencies, increasing our positions. But there is fear in the market and it will remain for some time.

Let's look at how the different crypto-currencies have moved over the last month.

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This is their changes over the last month and as you can see there is a lot of red. Only Tether has shown some green, which makes sense as it's pegged.

 

Biggest change was in Stellar Lumens ( XLM) and in Polkadot (DOT) and we have to mention Dogecoin (DOGE). Let's look further.

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Some more mix of green and red, with Compound (COMP) being well above 35% over the last month. Internet Computer (ICP) on the other hand is quite red, close to 40%. Personally, I cannot get into the concept of ICP, but very open if anybody can share with me why they are a fan.

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Next we can see some higher reds ( e.g. Livepeer LPT > 40%) and green ( Quant QNT >70%). Haven't had my eye on either of them and will have to look into it.

 

Starting to spread out my portfolio beyond just Bitcoin and Ethereum. Should you have any that you are a big fan of, please do let me know about them.

 

 

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