Last August, we released the alpha version of our Token Profile database and we expect to release the beta version in the coming weeks. This has given us an opportunity to see how the market has changed since the initial release. At the time, the market capitalization of all cryptocurrencies as reported by Coinmarketcap.com was approximately $160B, but has since grown nearly three-fold, to more than $450B. Although prices have increased for most cryptocurrencies, there were several whose price decreased significantly. Today, Digital Asset Research has published a report that analyzes four of these tokens that decreased by more than 60% since the alpha release of the database (BitConnect, Bitdeal, Lykke, and MCAP) and attempts to identify what may have caused the price collapse of these tokens.
To find out how to get access to our report, please fill out a request for information form here.