TokenInsight —Weekly Report 8/10–14/10
Market Analysis
Industry Performance
According to TokenInsight industry classifications, 4 out of 21 total industries have shown growth this week. Industries with top 3 gains this week are Supply Chain (+72.21%), Sharing Economy (+16.96%) and Finance (+3.23%), while industries with top 3 losses are Communication (-27.00%), Social Networks (-24.55%) and Other (-13.72%).
Among industries where major cryptocurrencies are located, the Payment Token Industry, where BTC and BCH are categorized, showed average growth this week and currently rank in the middle and upper reaches (-5.20%, ranking 9th); General Platform where ETH and EOS are categorized, and Internet of Things where MIOTA and ETC are categorized, showed lower average positions within the industry (-9.49%, -10.03%, ranking 15th and 16th).
Token Performance
Overall market performance has been sluggish this week. Merely 20% of a total of 1384 tokens (Discard the outlier JRC) listed have shown growth. Top 3 gains this week are MOTO（+490.82%, MDA（+373.00%）, and USC（+301.11%）, while top 3 losses were EUSD（-100%）, 10MT（-99.93%）, DIVX（-99.31%）. Analysis of MDA currency holding addresses shows that first-ranked address have recently encountered three large purchases. In addition, the fourth-ranked address has shown continuing purchases.
BTC Weekly Performance
This week, BTC showed a heavy downward trend, with its average price fluctuating around $6,446.75, decreasing by $128.88 (-1.96%) compared to last week. The highest price point this week was $6,677.75 (9th Oct, 4:00), and the lowest price point at $6,250.28 (12th Oct 8:00). Compared to last week, Bitcoin’s closing price has decreased by a total of 3.97%
ETH Weekly Performance
The average price of Ethereum this week was $212.43. Its highest price point this week reached $230.62 (9th Oct 5:00), while its lowest price was $189.27 ( 12th Oct 8:00). Compared to last week, ETH’s closing price has decreased by a total of 10.57%.
EOS Weekly Performance
The average price of EOS this week was $5.54. Its highest price point reached $5.98 (9th Oct, 4:00), while its lowest price was $5.04 (12th Oct, 8:00). Compared to last week, EOS’s closing price has decreased by a total of 8.16%.
ETC Weekly Performance
The average price of ETC this week was $10.21 Its highest price point reached $11.01 (9th Oct, 5:00), while its lowest price was $9.14 (12th Oct, 8:00). Compared to last week, ETC’s closing price has decreased by a total of 11.42%.
MIOTA Weekly Performance
The average price of MIOTA this week was $0.564. Its highest price point reached $0.60 (9th Oct, 9:00), while its lowest price was $0.55 (12th Oct, 8:00). Compared to last week, MIOTA’s closing price has decreased by a total of 12.99%.
BCH Weekly Performance
The average price of BCH this week was $480.81. Its highest price point reached $530.42 (9th Oct, 4:00), while its lowest price was $431.61 (12th Oct, 9:00). Compared to last week, BCH’s closing price has decreased by a total of 13.25%.
Index Performance
TI Index Weekly Performance
The TokenInsight Digital Assets 30 index, which reflects the overall performance of the blockchain industry, averaged 597.41 points this week (8th Oct to 14th Oct) , decreasing by a total of 28.24 points (-451%)from the past week. The closing index was down by 6.40% from last week, with the highest point reaching 632.75 (9th Oct,4:00) and the lowest point falling to 558.78 (October 12th 8:00).
TIG Index Weekly Performance
The TokenInsight Global index, which reflects the overall performance of General Platform industry, averaged 391.13 points this week (8th Oct to 14th Oct), decreasing by 18.53 points (+4.52%) from last week. The closing index was down by 9.39% from last week, with its highest point reaching 425.51 (9th October 6:00) and the lowest point falling to 351.25(12th Oct, 8:00).
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