Altcoins

1CREDIT Market Report: 1CR/BTC Up 204.56% on the Week

Brief:


1CREDIT is up 118.54% on the day, up 204.56% on the week and up 597.92% on the month on a last price of 0.00301000. 1CR/BTC is trading between a 24hr high of 0.00480000 and a 24hr low of 0.00099679 on a 24hr volume of 249.29431476 BTC or 83760.72945597 1CR. The weekly trend is up.

Last price

0.00301000 1CR/BTC

$USD

last price $ 1.71
one week ago $ 00.56
percentage 205.36%

Volume

Volume

The 24 hour volume on Poloniex is 249.29431476 BTC or 83760.72945597 1CR.

Remarks

News
1CR is top percentage mover on Poloniex today with 118.54% change on the day. There is no apparent underlying reason at press time and no recent news posted on the 1CR website.

Background
According to the 1CR website “1CRedit was created to be the 4th coin in the game “The Crypto Void” by 1BillionHex. Although a game coin in the sense of that being the driver for its creation, it is a fully functional cyber coin that stands alone.

Scrypt based, the genesis of the coin is to be something as stable as the current Bitcoin/Litecoin codebase will allow. A modified difficulty algorithm is used to attempt to minimize difficulty swings due to pool or raider mining.

Long block times and high confirmation requirements should minimize fork opportunities. Both will tend to make this an “investment” coin rather than a “transaction” code – something you put money into long term.”

Website
http://www.1creditcoin.org/

Price change

Price change is the percentage change within the period:

period change
day 118.54%
week 204.56%
month 597.92%

Chart

Tap or click chart to enlarge:

chart-1crbtc-2016-08-05

Data source

Poloniex is the data source for this market report.

Market capitalization

Market capitalization is the total $US dollar value of the 1CREDIT market calculated using the formula:

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 82,398 48186 $ 1.71

1CR has a relatively low available supply of about 48 thousand 1CR. In contrast Bitcoin available supply is 15,796,140 BTC while Ripple XRP has more than 35 billion XRP.

Daily High Low

daily high 0.00480000
daily low 0.00099679

Trend

The weekly trend is up.

trend is UP

Support

Support is the lowest price within the period:

period support
day 0.00099679
week 0.00049000
biweekly 0.00049000
month 0.00037393

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00480000
week 0.00480000
biweekly 0.00480000
month 0.00480000

Margin trading

no

The data source Poloniex does NOT offer margin trading on this digital asset.

Range

Range is the difference in price within the period:

period range
day 0.00380321
week 0.00202169
month 0.00257872

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

1CREDIT is up 118.54% on the day, up 204.56% on the week and up 597.92% on the month. The weekly trend is up. 1CR/BTC saw weekly support at 0.00049000 and weekly resistance at 0.00480000. Market sentiment is bullish.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Friday August 05 2016 18:41 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

Watch for our next Bitcoin & Ethereum Market Reports coming soon – or browse reports:

Thanks for reading! 🙂

Tags

1CREDIT, 1CR/BTC, Poloniex, Brief, Last price, Volume, Remarks, Price change, Chart, Data source, Market capitalization, Indicators, Daily high low, Trend, Support, Margin trading, Resistance, Range, Market sentiment, Summary, Disclaimer, Printed, Coming soon, cryptocurrency, bitcoins, BTC, altcoins, investing, trading, speculation, coins, investment, digital, assets, tags

@KittyBitcoin supplies mobile friendly blockchain intelligence on http://kittybitcoin.com. Their favorite color is pink and the bigger the wool ball the better.
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