Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
rpietila
on 28/03/2017, 18:41:08 UTC
In the first 2 hours since the announcement, the markets are as follows:

CK/XMR bid, in Crypto Kingdom Ultima: 13,094 (+87%, it was 7,000 at the start)
XMR/USD, in Coinmarketcap: 21.18 (+0.7%, it was 21.03 at the start)

So the announcement seems to have benefited CK and not hurt XMR, which of course is as intended.

CK item marketcap is now $2.89 million.*

XMR marketcap is $298 million.

Dash marketcap is $734 million.

In the first 50 hours since the announcement, the markets are as follows:

CK/XMR bid, in Crypto Kingdom Ultima: 27,175 (+288%, it was 7,000 at the start)
XMR/USD, in Coinmarketcap: 20.45 (-2.6%, it was 21.03 at the start)

So the announcement seems to have benefited CK and not hurt XMR (excessively), which of course is as intended.

CK item marketcap is now $5.80 million.*

XMR marketcap is $290 million.

Dash marketcap is $692 million.

In the first 98 hours since the announcement, the markets are as follows:

CK/XMR bid, in Crypto Kingdom Ultima: 54,464 (+678%, it was 7,000 at the start)
XMR/USD, in Coinmarketcap: 18.50 (-12.0%, it was 21.03 at the start)

So the announcement seems to have benefited CK but XMR seems to have taken a small hit (it is a normal market cap balancing effect where the total of CK+XMR stays at ~$300 mil until the market finds that they are separate and can grow independently).

CK item marketcap is now $10.4 million.*

XMR marketcap is $263 million.

Dash marketcap is $614 million.


[* The totality of CK has historically been valued at about 1.5-2x that of the main investable token (1418-1647: CKG ; 1647-1666: CK), however these additional items have mostly non-investment grade liquidity.]

+700% with CK in 4 days.