The ICOmeter aims to provide the accurate and concise information about the development of the ICO market in the previous month, and its relation to the all-time statistics.
The ICO market data is provided by ICObench, based upon the projects' announcements recorded in ICObench database, which includes over 4700 ICOs since August 2015.
ICO market situation in October is the result of different trends: the inertial forces put in motion months ago, during a period of stronger confidence, seem to still be influencing the structure of the market, while the more recent negative tendency could influence the decision-making of investors.
The ICO market indicators are still far from the high levels of some months ago June 2018 record with 253 successful ICOs and $1.5 billion raised.
A total of 223 ICOs started during this month, versus 249 during September, and almost the same number of projects chose October for setting their end date: 158, compared with 154 ICOs ending in September, with a average of about 555 ICOs going live daily during the month, including the projects, which had started previously and were still ongoing throughout the month.
October's data is a result of optimistic market expectations, while the recent more cautious attitude of investors could emerge, eventually, in the composition of ICOs over the next few months.
As a matter of fact, the number of new ICOs listed by ICObench during October is below that of September, very far from the record achieved between February and April, and the minimum considering the last 12 months.
On the basis of the data published in whitepapers, it is possible to say that the degree of divergence among the HC goals of the ICOs ending in October was lower than that for the same data for September.
The higher result reached by a single ICO during October was far above the best performer of September.
The goals of the ICOs scheduled to end in October remain similar to the previous month: considering the sum of all the hard caps set for the ICOs ending in October, the amount was almost stable in terms of absolute value.
October ICO Market Overview: Trends, Capitalization, Localization, Success Rate
gepubliceerd op Nov 14, 2018
by Cointele | gepubliceerd op Coinage
Coinage
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.