THELOGICALINDIAN - FOMO Moments
The bears were bent comatose and a small, but possibly short-lived, animation occurred in the crypto markets a few hours ago. In what appears to be a distinct bang transaction, Bitcoin attempt up $300 in a amount of account at 23.30 UTC. The abbreviate pump has resulted in a 4% accretion on the day for Bitcoin which is currently trading at $6,730. As accepted the added cryptos will account from this and Ethereum additionally clawed its way aback over $500, up 4% on the day to $517. Most of the altcoins are in the blooming at the moment afterward canicule of bottomward motion from bearish affairs pressure. Ontology and Tron are announcement the accomplished assets in the top 25 at the time of writing.
Coinmarketcap is advertisement an 8.3% accretion for Ontology which makes it the arch altcoin of the moment. ONT is currently trading at $6.60 from $6.08 this time yesterday, over the accomplished anniversary it has regained all losses from a akin of $6.67 this time aftermost Tuesday. The account appearance shows a agnate account with ONT regaining losses from a 30 day low of $5.60 to barter at the aforementioned akin it was this time aftermost month. Against Bitcoin ONT is up 4.2% to 98360 satoshis from 94500 sats this time yesterday, on the anniversary it has remained at a agnate akin trading at 97000 satoshis this time aftermost week.
Ontology has ridden the beachcomber accomplished by the Bitcoin pump a few hours ago. A contempo cheep announcement a affiliation with Contentos will accumulate drive going. According to the average column the two projects will “share their corresponding business ability and assignment on blockchain research, appliance development, and association building. Ontology Global Capital will advance in Contentos, allowance it use blockchain to adapt the agreeable industry and abide to tap into the amount of content.”
Ontology and Contentos to Collaborate on Public Blockchain Solutions for Content https://t.co/C4ggaXJx1z $ONT
— Ontology (@OntologyNetwork) June 19, 2018
Ontology is currently traded heavily on Binance which has about 55% of the absolute volume; OKEx and Huobi are additionally accepted exchanges to barter ONT. Absolute aggregate has added from $55 actor to $97 actor in the accomplished 24 hours as traders amount up on the altcoin in the dip. Market cap has aloof surpassed a billion dollars which ranks this bread at 19th in the charts.
Total crypto bazaar assets has jumped 4% from that one fasten and is currently at $287 billion. A pump like this admitting is not a acceptable accretion indicator and things are acceptable to abatement aback downwards afresh if affairs burden cannot be sustained. Trade aggregate is up hardly from $10 billion to $12 billion but still way bottomward on antecedent weeks. Other altcoins assuming able-bodied during the morning’s Asian trading affair accommodate Tron up 7%, Ethereum Classic 6.7% higher, and Icon up 6% on the day.
More on Ontology can be begin here: https://ont.io/
FOMO Moments is a area that takes a circadian attending at the top 25 altcoins during the Asian trading affair and analyses the best assuming one, attractive for trends and accessible fundamentals.
