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January was mostly full of negative news in the cryptic world. With tested lows and several hacker attacks or 51% occurring in the first few weeks, this seems to be a very exciting year to encrypt it altogether. A common pattern this week was a price increase with little explanation as to why they might have occurred. This is just a sign of increasing volatility in the markets, in which case most investors should be cautious.
Agrello
We have already talked about Agrello and have had another incredible week. Although there were other currencies with massive yields (CariNet handled 671.87% during the week), these coins often end up having a less significant market capitalization and are trading more like penny stocks. Agrello's yield of 80.41% and the daily volume of $ 42.103.013 hour are very impressive, but there is no news or announcements on the bulletin board or in the official company channels that could explain this. The start of the legal contract seems to be in a volatile state, with the peak occurring mainly in the last 24 hours.
Tierion
Tierion managed a return of 45.03% during the week, with a 24-hour volume of $ 9,731,569. The currency is currently ranked 260th in terms of market capitalization and most of this increase is the result of a spike on January 15th. The company boasts the ability to create "evidence" for companies that need audit trails, timestamping, credentials and other authentication purposes. The messageboards do not seem to have any idea what this pump is causing, and the Tierion Twitter account has no new information on this, so this is a pretty surprising jump in price. The best thing to do in these illogical situations is to sell if you were ahead, and not to buy in the advertising campaign if you are not.
VIBRATION
VIBE was another big winner of the week, with a volume of 24 hours a day of $ 19,659.426 and an increase of 39.54%. 188 ° ranked in terms of market capitalization, the company is focused on creating "virtual lives" and is basically a high-end gaming startup. VIBE has just released "VIBE or DIE", their innovative new first-person shooter. The game is designed so that VIBE tokens are necessary for advanced gameplay, which is an interesting game on the game models developed in the past, where powerups and skins would create new revenue streams for creators.
Aurora
At 56th place in terms of market capitalization, Aurora recorded a big peak at the beginning of the week and a big one at the end, with a consequent increase in the price of 32.09% and $ 2,597.114 of the volume over 24 hours. Aurora has designed several innovations related to the consensus algorithms and is aimed at different areas such as gaming, big data, artificial intelligence and IoT. Taking advantage of lightning-fast transactions and paying attention to whom they turn, they have a greater chance of conquering the domain in a specific space.
Optimal shelf availability tokens
The optimal shelf availability token increased by 49.35% during the week to 79th place in terms of market capitalization. As the name suggests, OSA is a supply chain management company that uses smart contracts to improve the flow of data and goods. Once again, the company seems to have had noteworthy news, which leaves this increase as something to be taken with a pinch of salt.
Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. It holds investment positions in the currencies, but does not carry out trading activities in the short term or daily.
Featured image courtesy of Shutterstock.
