DigixDAO Surges Amid Sea of Red
After a traditional upwards improvement from Bitcoin following its February 6 low of US$6,000, in the mean time marks the first predominant downtrend from the cryptocurrency. After nearing $12,000, the coin has dropped significantly, and is presently shopping for and promoting close to $10,700. As is commonly the case, the quite a few drop has induced widespread losses amongst a majority of altcoins.
Of the 1,516 cryptocurrencies listed on Coinmarketcap.com, solely 28 have seen USD constructive features of 1% or further. Whereas a majority of these money consist of undocumented market caps, along with money with negligible amount and market cap, a main performing member of this group is DigixDAO (DGD), which has seen a USD progress of practically 20%, from close to US$275 to easily over $325, along with BTC and ETH constructive features of over 30%, and appreciated to a market cap of over US$620 million.
DigixDao represents one of two cooperating cryptocurrencies, along with Digix Gold (DGX) that presently…