The crypto market was able to withstand the negative coverage that came in the wake of Binance hack and Bitcoin finally broke the $6000 mark. This came as a six-month high for the premier coin which has sent a ripple effect throughout the crypto community.
Despite this monumental increase which also saw some coins bullish and total market capitalisation reaching $186billion for the first time since November 2018. There remains caution among crypto analysts who expect some resistance to happen in the next few days.
Three coins that increased in value by double digits which includes Arcblock (ABT), DigixDAO (DGD)and Horizen (ZEN)
Arcblock (ABT) Moves Into the Top 100 Coins
Arcblock had the biggest change in position as the coin rode on a 32% increase in value in the past 24 hours to move into the top 100 coins based on market cap.
It’s trading volume also reached a year high $15.6million and the coin currently trades for $0.604 as at the time of writing.
There have been some speculations about the factors behind its current spike in price. It could be that the blockchain ecosystem is beginning to reap the fruits of its recent updates to its wallet and listings on some exchange platforms.
Digixdao (DGD) Second Biggest Gainer of The Day
DigixDAO was the second biggest gainer with the ERC20 token gaining %16 in the past 24 hours. The blockchain platform which aims to create tokens backed by physical assets on its network saw an increased trading volume of $4million.
Its token DGD is currently priced at $36.47 or 0.006BTC. DigixDAO has been on a steady bullish run in recent weeks with the coin peaking on the 27th of April when it increased in value by around 55%.
Horizen (ZEN) Looking to Consolidate Its Position
Horizen the anonymous coin also saw an increase in value in double digits in the last 24 hours of trading.
The coin formerly known as Zencash traded 12% against the US dollar today and emerged as the third biggest gainer behind Arcblock and DigixDAO
Approximately $5.01 million worth of ZEN was traded on exchanges during this period and the coin can now be purchased for about $11.6 or 0.00184764 BTC on popular crypto exchanges.
