As the market today trades in green once again, most of the altcoins looks settled and look to perform relatively good as compared to the last day’s market. The market kicked off with gaining momentum, as Bitcoin (BTC) trades above $4,000 USD price mark. The top gainers among other coins are NEO (NEO), VeChain (VET), and IOStoken (IOST).
Looking at rest of the market, its looks good picking up some momentum. Such scant bull markets will help to grow the momentum of the market and this would ultimately outstretch towards a bull run.
NEO (NEO) has started off the new year with positive upthrust and is looking to make its impact in 2019. This year could be very surprising for cryptos like NEO, either they would go high up the ranks with a major impact or they would be drowned back to the spot where they surged from. But, so far, the way NEO looks to move forward it is definitely heading towards a better future with increasing its adoption.
Moreover, recently NEO developers announced that after almost one year of work, they will be updating the NEO consensus algorithm dBFT. The new update will be completed soon and this would be certainly one of the best consensus mechanisms for the blockchain.
Today, NEO (NEO) looks to impress the most with gaining propulsion. It is back trading above $9 USD and is looking to aim $10 USD price mark. At the time of writing, it was trading with a price of $9.51 USD and was rising at a rate of $14% in the last 24 hours. If it keeps going upward in the upcoming few hours it would reach $10 price mark which would be a great achievement for NEO indicating its dominance in the market.
VeChain (VET) is another crypto that has imposed its mark in the market over the last 24 hours. VeChain in the past year showed that it has the capability to compete in this market with different digital assets.
At the time of writing, VeChain (VET) was trading with a price of $0.00446 USD with a gaining momentum of 9% in the last 24 hours. The market cap is also moving up and this surge is very beneficial for VET to steady move up the ranks. At the moment, VeChain is aiming at $0.0045 USD price mark, if VET goes on to achieve it in the next few hours than it would indicate a further surge in upcoming days.
IOStoken (IOST) one of the most prominent cryptocurrencies trading above top 50 coins, but soon it would be among top 50 cryptos because the way it has been performing in the last few months is exceptional as compared to the rest of market.
In the last seven days, IOStoken (IOST) has surged up to 34% and currently, it is rising with a rate of 16% with a trading price of $0.0074 USD. Since, mid of November it is back at the trading price of $0.007, which is a good sign for IOST. So, overall performance has been impressive as compared to rest of the market.