Ardor Market Report: ARDR/BTC Down -55.96% From Launch

Brief:


Ardor is up 12.07% on the day and down -55.96% from launch on a last price of 0.00002748. ARDR/BTC is trading between a 24hr high of 0.00002801 and a 24hr low of 0.00002384 on a 24hr Bittrex volume of 58 BTC. The weekly trend is mixed.

Last price

0.00002748 ARDR/BTC

$USD

last price $ 00.01734333
since launch $ 0.03938222
percentage -55.96%

Volume

Volume

The 24 hour volume on Bittrex is 58.86949501 BTC.

Remarks

ARDR/BTC launches on Bittrex and elsewhere with price plummeting. This wasn’t an entire surprise since the price of the parent NXT had a lacklustre performance during the period – and saw a continued downtrend.

Bittrex launched on October 17 2016 with Poloniex several days later. The strong price performance anticipated in the press was reversed with Ardor’s plummet in price from its overrated high at the outset of trading.

Notwithstanding an average ICO launch Ardor does have compelling buy characteristics – see their website for more.

One interesting facet of the release was that trading accounts that held NXT between July 14th and October 13th were credited Ardor per the NXT Ardor giveaway, reference: https://nxt.org/announcing-ardor/

The giveaway raised trader interest in the coin and arguably resulted in a lot more trading, more market buzz, and possibly higher prices than ordinarily may have been seen without a giveaway.

The NXT offer and development seems well thought out and cleanly executed. The price will surely rise.

Price Movement Detail
Tap or click chart to enlarge for price detail on Bittrex during the first week of trading:

chart-ardr-btc-bittrex-detail-2016-10-19

Bittrex Trading Page
https://www.bittrex.com/Market/Index?MarketName=BTC-ARDR

Poloniex Trading Page
https://poloniex.com/exchange#btc_ardr

Forum
https://nxtforum.org/

Website
https://www.ardorplatform.org/

Price change

Price change is the percentage change within the period:

period change
day 12.07%
since launch -55.96%

Chart

Tap or click chart to enlarge:

chart-ardr-btc-bittrex-2016-10-19

Data source

Bittrex is the data source for this market report.

Market capitalization

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

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 17,325,978 998999495 $ 00.01734333

Daily High Low

daily high 0.00002801
daily low 0.00002384

Trend

The weekly trend is mixed.

trend is MIXED

Margin trading

no

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

Range

Range is the difference in price within the period:

period range
day 0.00000417
week -0.00003492
month -0.00003492

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Ardor is up 12.07% on the day and down -55.96% from launch. Market sentiment is neutral. The weekly trend is mixed.

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 Wednesday October 19 2016 22:20 hours UTC. Contact KittyBitcoin to request custom reports.

Thanks for reading! 🙂

Tags

Ardor, ARDR/BTC, NXT, Bittrex, 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