Factom Market Report: FCT Up 9.26% on the Day
Factom is up 9.26% on the day, down -23.77% on the week and down -37.20% on the month. The symbol pair is FCT/BTC:
|last price||$ 00.88|
|one week ago||$ 00.90|
This is our first market report for Factom, symbol FCT. Of all altcoins FCT is ranked number eighteen for market capitalization on CoinMarketCap.com.
We’re looking at FCT today in part because of the large daily percentage increase in Factom price. On the Poloniex Trollbox a user suggested the reason for the price rise was that a newbie looked at a two day old source code commit and bought 100 BTC worth of FCT. This is unconfirmed. A look at the chart data shows 103.20 BTC was traded in a single fifteen minute trading session at 22:45 UTC June 01 2016. The source is the Poloniex 24 hour chart displayed in fifteen minute candlesticks.
On their website factom.org it states “Factom – A Scalable Data Layer for the Blockchain” and “Factom is using the technology behind bitcoin to change how businesses manage data and keep records.” Businesses and governments can use Factom to simplify records management, record business processes, and address security and compliance issues.
Live Poloniex chart
Price change is the percentage change within the period:
Poloniex is the data source for this market report.
Market capitalization is the total $US dollar value of the Factom market calculated using the formula:
|Market cap||Available supply||Last price|
|$ 7,702,833||8753219||$ 00.88|
Daily High Low
The weekly trend is sideways.
Support is the lowest price within the period:
Resistance is the highest price within the period:
Range is the difference in price within the period:
Market sentiment is neutral.
Factom is up 9.26% on the day, down -23.77% on the week and down -37.20% on the month. The weekly trend is sideways. FCTBTC saw weekly support at .00120 and weekly resistance at .00221. Market sentiment is neutral.
Past history is NOT an indicator of future results. Read the legal disclaimer:
This report was printed on Thursday June 02 2016 03:45 hours UTC. Contact KittyBitcoin to request custom reports.
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