Cryptocoins: the leaders of growth and fall on Oct 24-30

Groestlcoin shows 587,53% growth; The ChampCoin and ZenCash fell down
30 October 2017   1172

From this acticle you can find out which cryptocurrencies are the leaders of growth and fall in last 7 days. In this article we’ve considered only cryptocoins with market cap over $100k and which are traded in pair with USD.

Groestlcoin rose and gained 587,53% at one point, adding 113,80% in the past 24 hours as the total market capitalization touched levels above $47 million. DubaiCoin trading volumes jumped by 299,34% this week.

Bitcoin conquered the $6,000 levels on October 29, and still seems capable of moves above that level. Not even the Bitcoin Gold hard fork could shake the leading currency’s positions, as the coin sank into obscurity with a price for the futures at $137.

The ChampCoin lost almost 23% this week as it pushed off the bottom at $0,87. Zencash tracked back by around 21% in the past 7 days to $18,19.

 

The biggest fall 

Name Market
  cap
Price
 in $
Volume   (24h) Change
(7 days)
The ChampCoin 14389291 0,087247 209420 -22,97%
ZenCash 42897548 18,19 1540620 -21,34%
Neblio 53183207 4,25 672249 -21,13%
Stellar Lumens 511263039 0,030821 12243500 -19,43%
Nexus 59360404 1,11 282304 -18,86%
Metaverse ETP 95861290 4,24 6836460 -17,84%
Bitdeal 47423268 0,303587 178095 -16,53%
GameCredits 121932155 1,89 595258 -16,17%
Rise 23830962 0,210634 312483 -15,67%
Rubycoin 18468963 0,740872 269575 -15,41%

 

The biggest jump 

Name Market cap Price
in $
Volume     (24h) Change
(7 days)
SolarCoin 12210750 0,33234 845410 33,73%
Bitcoin Cash 7486418372 446,92 363368000 34,63%
Voxels 10126494 0,048221 4292510 47,15%
Vertcoin 230753188 5,65 27136000 60,15%
SmartCash 83061971 0,104232 137697 61,28%
DigitalNote 15115066 0,002195 2499630 64,71%
OKCash 26785370 0,366355 11674600 94,89%
Feathercoin 23710751 0,131596 4518340 194,53%
DubaiCoin 21441659 15,22 1706520 299,34%
Groestlcoin 47281110 0,688208 28063900 587,53%

 

Marketcap leaders situation

Name Market cap Price
 in $
 Volume
 (24h)
Change
(7 days)
Bitcoin 102828265521 6173,61 1630190000 8,37%
Ethereum 29471540874 308,82 302266000 0,16%
Ripple 7838047116 0,203419 30878300 -2,52%
Bitcoin Cash 7486418372 446,92 363368000 34,63%
Litecoin 3016785891 56,26 84630900 -3,18%
Dash 2157672577 281,9 40255600 -5,06%
NEO 1868639500 28,75 28999400 -7,16%
NEM 1767591000 0,196399 3902890 -7,07%
BitConnect 1682096336 229,26 20946200 16,13%
Monero 1352635875 88,46 24831800 -1,47%

'Kodak Miner' Turned Out to be a Scam

KashMiner by Spotlite USA was promoted as Kodak branded bitcoin miner 
17 July 2018   137

The KashMiner bitcoin miner, exhibited at the Kodak stand during the CES technology show in Las Vegas, was in fact a product designed to mislead potential consumers and with a potentially unattainable potential return. This is reported by BBC.

Spotlite USA is licensed by Kodak's lighting division, which allows it to use the famous brand in its products. In January 2018 the company introduced its miner and announced that it intends to lease it. According to its business plan, potential users had to pay a commission before getting the device. It was expected that after depositing $ 3,400, the customer will receive a device that will allow him to easily cover expenses and receive revenue from bitcoin mining.

However the company did not have an official Kodak license to use the brand in the production of mining equipment and initially overstated the indicators of the potential profit of its device, refusing to take into account the growing complexity and costs of bitcoin mining. The advertising materials reported that KashMiner brings $ 375 a month, which, subject to a 2-year contract, would allow the client to receive $ 5,600 of profit after paying a commission. Experts from the industry of cryptocurrency call this offer a scam.

There is no way your magical Kodak miner will make the same $375 every month.
 

Saifedean Ammous

Economist

CEO Spotlite USA Halston Mikail previously reported that he plans to install hundreds of miners at the headquarters of Kodak. According to him, he already managed to place 80 miners there, but the Kodak spokesman denied this information.

While you saw units at CES from our licensee Spotlite, the KashMiner is not a Kodak brand licensed product. Units were not installed at our headquarters.
 

Kodak Spokesman

In a phone call with the BBC, Spotlite's Halston Mikail said the US Securities and Exchange Commission (SEC) had prevented the scheme from going ahead.