The cryptocurrency market rebounds from the annual minimum; EOS Surges 22%

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Most major altcoins contributed 10% gain during Monday's market recovery – a surge that saw the global market surge soar by 12%, and put the bitcoin back to $ 3,600. .

Several altcoins preceded the pack, recording between 20% and 107% of earnings for the day, with DigiByte (DGB), Ontology (ONT), Revain (R), MOAC (MOAC), EOS (EOS) (treated in precedence) and Arbitrage (ARB) most important among them.

DigiByte price – DBG / USD

From the daily minimum of $ 0.008336, the value of the DGB dollar has risen by just over 22% to $ 0.010210, with the flagship landing around 20:30 UTC.

The DigiByte volumes doubled during the day, ahead of the 50% volume increase in the overall market. Still without a list of Binance, despite a long and muddy process of sludge between Jared Tate and CZ of Binance, most of the action of DGB came from Bittrex, Poloniex and Sistemkoin. Over 75% of all trades came against BTC.

Ontological price – ONT / USD

Ontology rose up to 31% of downstream growth, rising from a money price of $ 0.460371 to $ 0.605721.

Ontology fell 95% from its January peak, landing at an ATL (historic low) in the $ 0.40 range on December 15th. Being one of the most successful tokens of the NEO platform, ONT has never literally been at such low prices in its short nine-month existence.

Over 60% of the ONT trades went through the USDT on Monday, with Binance, Huobi, DigiFinex and OKEx representing almost 80% of the total movements.

Revocation Price – R / USD

Reverted to 61% growth in just over twelve hours, rising from a money price of $ 0.129126 to $ 0.208672 by Monday afternoon. Since then the price of the token has fallen to the range of $ 0.173 – a pullback of over 25%.

Despite its relatively unknown status, Revain has averaged $ 2.5 million in daily trade volumes over the last two quarters of the year, an average volume higher than many coins and tokens in and around the thirty.

MOAC Price – MOAC / USDT

Just over 99% of MOAC's trading volume came from an exchange and trading pair today, namely the MOAC / USDT market on CoinBene.

From the daily minimum of $ 0.431884, the MOAC rose 55% against the dollar, reaching a peak of $ 0.669675. The volume of trades has more than quintupled during the day, from $ 25,000 to nearly $ 130,000.

In February, the MOAC lost 98% from its all-time high, just a month after its launch. December 14 marked a historical low for the currency when it fell to $ 0.32, from an all-time high of $ 18.46.

Arbitrage price – ARB / USD

ARB volumes increased by 1.633% over the last two days while the chip price rose 107% from $ 4.13 to $ 8.56.

All 100% of ARB's transactions came from a single stock exchange: CoinExchange, where ARB / ETH represented 93% of the stock. ARB / BTC invented the rest.

Arbitrage was launched in the third quarter of 2018 and passed relatively under the radar until an increase of almost 1,000% in October put it on the map, and in the market capitalization the first hundred.

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.

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