Hi there SANclan !
You can find the Top Social Gainers snapshot for 28th Jan 2019 here:
(FYI, you can always check the top trending words on SANbase . For the latest, up-to-date trends, staking 1000 SANs is required)
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TRX, BTT, BNB
Bittorrent’s long-awaited ICO has finally commenced today - and ended in less than 15 minutes.
The coin offering was held in two simultaneous sessions on the Binance Launchpad, where investors could buy BTT using TRX or BNB, respectively.
Final tally - 59.4 billion BTT tokens sold in under 15 minutes, equalling $7,128,000. Who said ICOs were dead?
Given the ridiculous demand surrounding the Bittorent ICO, Tron’s CEO Justin Sun even pledged an additional airdrop for those who tried to buy BTT but didn’t realize we were back in 2017:
Unsurprisingly, both TRX and BNB skyrocketed in the hours leading up to the token sale; at one point, Tron even managed to claim the #6 spot shortly, edging out Stellar and Litecoin. It has lost most of this week’s price momentum since, however, and is currently down 10.36% for the day.
Similarly, Binance Coin went through several prominent peaks and valleys in the past 24 hours, before hitting a week-low $6.13 about two hours after the ICO.
ICYMI, the first BTT airdrop has also recently been announced, currently scheduled for the 11th of February. Come the drop, I think we can fully expect to see all three tickers topping our list once again.
The Bank of England has denied Nicolas Maduro’s bid to withdraw $1.2 billion worth of gold from their vault, prompting a side discussion about the benefits of decentralized assets.
It was a turbulent week for Venezuela, as US president Donald Trump declared Juan Guaido - a political opponent of Venezuelan president Nicolas Maduro - as the country’s rightful leader. Canada, UK and several high-profile nation states soon followed suit, all recognizing Guaido as Venezuela’s interim president.
According to reports, top US officials have lobbied the UK to restrict Maduro’s access to overseas assets. In response to the news, several crypto executives chimed in, including Kraken’s CEO Jesse Powell who repurposed the famous “not your keys, not your Bitcoin” slogan:
Bitcoin evangelists have welcomed the rise of Juan Guaido, as the now Interim President seems to have been a BTC proponent for quite some time. Back in 2014, he tweeted about the launch of a first Venezuelan Bitcoin exchange:
Another recent breakout story, the Pundi X coin surged ~31% in about 12 hours yesterday, before meeting some sturdy resistance.
The coin is currently down 9.32%, although still a very respectable +33% for the week.
With their XPOS system for retailers, Pundi X say they want to be the “7-Eleven of cryptocurrency”. While there have been zero announcements about the project recently - bullish or otherwise - PundiX labs did tweet out a series of XPOS user adoption stories yesterday, from Brazil to Switzerland:
And the award for the most blatant pump and dump event of January 2019 goes to:
The Bancor coin leapt by 19% in just about 19 minutes over the weekend and has been trending downward ever since, finally hitting a month-low $0.480 earlier today.
According to several twitter users, the pump originated from a so-called Binance Titanic Signal event, held by various Telegram channels simultaneously, including a 280k-strong group called Trading Crypto Coach.
As always, visit SANbase to explore these and other trends in more detail!