Crypto FOMO Fundamental

Morning Asian Altcoin Trading Roundup: the leader is Lisk

Martin Young | February 8, 2018 | 4:35 am
liskchart
Crypto

Morning Asian Altcoin Trading Roundup: the leader is Lisk

Martin Young | February 8, 2018 | 4:35 am

FOMO Moments

 

A mixed bag greeted us during this morning’s Asian trading session. A bit of a cool off from dip buying has leveled out the markets but they are still mostly in the green. Bitcoin is holding $8,000 which is good news for all the altcoins which seem to be heading upwards still. Looking at the top 25 we can see that one altcoin is doing better than the rest and it is one we have mentioned before; Lisk.

With a 18.7% rise on this time yesterday LSK is performing better that all of its siblings. From $16.45 at the same time yesterday the token is up to just over $20 at the time of writing. During the big dip on February 6 LSK fell as low as $12.18 so since then it has climbed an impressive 64% in just two days. The all-time high for LSK came during the crypto surge just after New Year when it reached $37.87 according to Coinmarketcap.

Lisk is a solid contender, it usually holds out pretty strong when other altcoins plummet and is a little more resilient to wild market swings. The team has been very active recently with updates to their Lisk Nano platform which is now at version 1.3.4. Updates to the Lisk Explorer to version 1.4.2 have also recently been announced so the whole ecosystem is coming along nicely. Lisk has also been added to a number of new exchanges recently such as Huobi and Japan’s BitFyer, they expect to be listed on India’s BitIndia very soon.

Momentum is currently very strong with Lisk and it could get back to previous highs quicker than other altcoins. LSK currently has a $2.3 billion market cap with $47.8 million traded in the past 24 hours. Other altcoins performing well with over 15% growth this morning are Neo, Monero, Zcash and Nano, formerly RaiBlocks.

More on Lisk can be found here: https://lisk.io/

FOMO Moments is a section that takes a daily look at the top 25 altcoins during the Asian trading session and analyses the best performing one, looking for trends and fundamentals. 

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