Market shows mostly sideways movement as Ark (ARK) surges 52%

17 Feb, 2019
by Richard Allen
Price Action
Market shows mostly sideways movement as Ark (ARK) surges 52%

Most of the market is showing sideways movement as we approach the end of the weekend. One or two smaller projects, however, have surged ahead of the rest of the market.

Bitcoin is struggling to pass the $3,600 level and it doesn’t look as if today will be its day as it currently down 0.22%. XRP and Stellar are both down a little over 0.60% to trade at $0.30 and $0.07 respectively. Bitcoin Cash is worth $121.92, down 0.85% in the last 24 hours while EOS dips 0.76%. Litecoin is the biggest loser of the top ten dipping 1.74% to $43.18 at the time of writing.

Read more: Litecoin jumps into 4th place after 10% pump, following MimbleWimble news

There’s a little more green in the top 20 as NEO grows 3.13% to $8.36. Maker is trading at $525.39, an increase of 2.22% and IOTA is 0.15% up.

This trend continues among some of the smaller projects. Tezos is in the green 1.57% while Dogecoin climbs just under 3% to $0.004. Holo is today’s overall loser as it’s price sinks 6.46%.

Further down the list, however, there are several top earners. Komodo, for example, has surged over 16%, likely a result of the recent launch of Komodo’s Roguelander – the first blockchain-based Rogue game.

The overall winner today is Ark as the project soars over 52% following news of the coin’s addition to the Exodus cryptocurrency wallet. Additionally, Ark underwent a mainnet update several days ago which may also be fueling the rise.

Total market cap now sits at $121.3 billion.

Read more: Cryptocurrency's biggest gainers & losers in the top 10 this week

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