Alexander Goborov

October's Top 10 List of Token Holders on Ethereum: Electrify.Asia is Leading

Electrify.Asia has by far the most new ERC-20 token holders, which means it is currently the most popular cryptocurrency on the Ethereum network
October's Top 10 List of Token Holders on Ethereum: Electrify.Asia is Leading

Ethereum is one of the leaders of today’s crypto world: it is second only to Bitcoin by market cap with 20.5 billion US dollars; right now, it is also standing at number four in terms if its monetary value following Bitcoin, Maker, and Bitcoin cash with almost 200 USD for one coin of Ether.

But, of course, Ethereum is not only a giant platform that generates its own cryptocurrency: it also lets other cryptocurrencies use its Blockchain network, so long that all of the technical rules are observed within the ecosystem. As a result, all cryptocurrencies that are hosted by Ethereum, apart from its own Ether, must be ERC-20 compliant (Ethereum Request for Comment), and every holder of an Ethereum-based cryptocurrency is thus also a de facto holder of an ERC-20 token.

This means that ERC-20 token holder figures are indicative of how well a crypto coin is doing within the larger Ethereum framework. The more ERC-20 token holders there are, the better that “guest” currency is doing, and since Ethereum is also one of the market leaders, any given cryptocurrency’s internal popularity on Ethereum also directly reflects on how well it is paddling through the crypto sea in general.

Below is the top 10 list of this October’s new ERC-20 token holders for each of the leading Ethereum-based cryptocurrencies:

This October’s New Token Holders

The current winner by a landslide is Electrify.Asia with almost 100 000 new ERC-20 token holders this October, followed by XMax with around 13 500 new token holders, then Moneytoken with around 12 000, Skrumble Network with around 9 000, 0xcert with roughly 8 000, SALT with 7 000, UChain is lagging slightly behind with around 6 800, FansTime has close to 6 500 token holders, DAEX around 4 500, and finally Datum is in last place with just under 4 000 new ERC-20 token holders this October.

Being “the first retail electricity marketplace in Southeast-Asia addressing the need for transparency and security in the consumption of energy” and with their slogan promising to “build an intelligent energy ecosystem for Asia”, the Singapore-based Electrify.Asia, headed by Julius Tan and Martin Lim, have set very high expectations for themselves. Let’s see what happens closer to the New Year!

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Twitter Followers This Week: LEDU in Lead; Tron, Binance, and Bitcoin ABC with Promising Figures

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Despite a complex situation in the market, Twitter accounts are alive with new followers: here we look at the figures of the past seven days
Twitter Followers This Week: LEDU in Lead; Tron, Binance, and Bitcoin ABC with Promising Figures

Twitter is often considered to be a fair indicator of how well a company is doing. So, with a bit of help from our partners, we’ve decided to bring you the latest stats on new Twitter followers from the past seven days, between today and last Thursday. The figures are as follows:

Twitter

Bitcoin Cash ABC (BCH) has close to 2500 new Twitter followers this week. Roger Ver must be doing something right despite the recent fork’s tribulations.

Binance Coin (BNB), the crypto coin belonging to the world's largest crypto-exchange, has around 2650 new followers this week.

Tron (TRX) led by Justin Sun, known for his philanthropy among other things, has around 2750 new Twitter followers.

KuCoin Shares (KCS), a less known crypto-exchange platform compared to Binance, established in the fall of last year, has an impressive figure of around 3800 new Twitter followers.

And finally, Education Ecosystem (LEDU), a platform of online learning with its own token, headquartered in San Francisco, has close to 6000 new followers on Twitter, 5823 to be precise, making them this week’s leaders. According to the founders, the company is in the process of “building the world's biggest project-based learning library on any topic”, so good on them.

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Flash, Flash, a Hundred-Yard Dash: Darkcoin's Rapid Makeover Revisited

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From Darkcoin to Dash, here we briefly examine the history of quarterly prices and market cap values of one of today’s most desirable altcoins
Flash, Flash, a Hundred-Yard Dash: Darkcoin's Rapid Makeover Revisited

Dash, short for Digital Cash, is undoubtedly one of today’s most sought-after cryptocurrencies. Having been founded in January 2014 by Evan Duffield, it entered the Blockchain market as Darkcoin and was renamed Dash in March 2015.

Currently fighting with IOTA for the 12th position by market cap with around 1.4 billion USD, it is simultaneously occupying the 5th position by unit price with close to 165 USD per each one of its coins. That makes Dash a major player on the global market with much envy from its rivals directed at how the company managed to reach such heights in both these categories.

Below is the first graph (logarithmic) that shows a complete history of Darkcoin/Dash’s market cap values by quarter, since the coin’s inception up until now:

Dash 1

The very first quarter saw a modest start with only 5 million USD. However, the cap value increased fourteenfold and reached almost 70 million USD the following quarter—the highest cap value Darkcoin will ever see—in part thanks to the aftermath of the second Bitcoin bubble.

The next few quarters saw mainly satisfactory but not brilliant performance, both for Darkcoin as well as its new face, Dash, in the first nine months of its existence. The first six months of 2016 saw Dash starting to approach the days of Darkcoin’s former glory in the second quarter of 2014, with close to 60 million USD.

The second half of 2016 saw Dash’s market cap exceed its previous record and almost reach 100 million USD. The growth continued into the third Bitcoin bubble, having reached 1.5 billion USD in the first half of 2017, and finally peaked at over 12 billion USD, settling for its absolute maximum value in the second half of last year. The subsequent wane ensued in 2018, at that point already foreseen and expected, which left Dash where it is today, with the respectable average of 2.3 billion USD for this year’s last two quarters combined and 1.4 billion USD as of right now, during sordid times of the bear market.

Below is the second graph (logarithmic) that shows a complete history of Darkcoin/Dash’s prices by quarter, since the coin’s inception up until now:

Dash 2

The situation here is fairly identical. Darkcoin started at almost 1.5 USD per piece in its first quarter and also saw a gigantic increase in the second quarter with the price reaching almost 16 USD. There was a sharp dip after that, followed by a period of relative stability for the next year or so with the price tag being stuck mainly between 3 and 4 USD a pop for both Darkcoin and its post-makeover version, Dash.

Finally, the first half of 2016 saw a rapid increase, and the second half saw the price almost touch its previous record from the second quarter of 2014. The growth continued in 2017, just before and during the aforementioned Bitcoin bubble period, and reached its maximum of over 1 500 USD. The subsequent decline came, which saw Dash find its current position of 275 USD (double quarterly average) and 165 USD as of right now, in the bear market.

Having moved from 5 million USD (market cap) / 1.5 USD (unit price) at the very start to almost 1.4 billion USD (market cap) / 165 USD (unit price) right now, Dash has clearly come a long way and done very well for itself. The Darkcoin has truly made a hundred-yard Dash in a flash, crypto-economically speaking.

We hope you found this information handy. Stay tuned for more.

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Today’s Biggest Crypto Winners by Name

Nakamoto tops the crypto list with $6 billion
Today’s Biggest Crypto Winners by Name

Last week, we looked at The Biggest Crypto Owners in the World by Nation. It turns out that while Turkey’s 18% of the population reportedly own cryptocurrency, it is the United States with its 8% of the population that actually has the largest number of cryptocurrency owners, around 26 million people. That, coupled together with another fact about the US having the most computational power, miners, and Bitcoin nodes, puts the United States far ahead of its crypto rivals.

Today, we bring you the Biggest Crypto Winners by Name, a fresh list that has been put together with an aggregation technique of analyzing data from various online sources. Unsurprisingly, this list is also dominated by the Americans. Almost entirely. But not quite…

 the Biggest Crypto Winners by Name

In 7th place is Charlie Shrem (USA), an interesting character to say the least, one of the biggest Bitcoin pioneers who was at one point under criminal investigation for money laundering with a subsequent two-year prison sentence. Clearly, that did not curb the man’s crypto enthusiasm, and he is now back with a hefty $450 million, according to many sources.

In 6th place is the founder of Digital Currency Group and owner of Genesis, Barry Silbert (USA), with an estimated net worth of over $500 million. In 2014, he bought 48 000 Bitcoins in an auction held by US Marshals due to the shutting down of Silk Road; as a result, he has since been able to reap tremendous financial benefits from Bitcoin’s climb to the top.

In 5th place are the famous Winklevoss Twins (USA) with their supposed combined wealth of $600 million. While Cameron and Tyler were unsuccessful in gaining control of Facebook in the well-publicized legal battle against Mark Zuckerberg, as they were unsuccessful in creating a Bitcoin Exchange Traded Fund (ETF), they did invest religiously in Bitcoin back in 2013. Since then, the crypto exchange rate has skyrocketed and grown more than 20 times the original price making their initial investment very peachy indeed. Well, when you are twins, doubling your money may be somewhat easier.

In 4th place is Michael Novogratz (USA), a hedge fund manager and trader who began investing in cryptocurrencies back in 2013 and four years later created a $500 million crypto fund with over a quarter of that sum coming from his own pocket. Having involved himself with most major cryptocurrencies, most notably Bitcoin and Ethereum, Novogratz continued to buy and sell the various crypto units, quickly becoming a major crypto player on the market. His net worth is now estimated to be over $900 million.

In 3rd place is Tim Draper (USA), a venture capitalist and the founder of the investment firm Draper Fisher Jurvetson. Initially making his fortune through viral marketing and associated investments in such big brands as Skype, Hotmail, and Yahoo, the native Californian purchased 30 000 Bitcoins in the 2014 public auction (the very same one that gave way to Barry Silbert’s vigorous accumulation of wealth). All these well-executed efforts combined have put Draper’s wealth at over $1 billion!

In 2nd place*, we have both Ross Ulbricht (USA) and America’s very own Federal Bureau of Investigation. It must be noted that this place is entirely hypothetical: Ross Ulbricht’s funds have been confiscated. He is currently serving a double-life sentence for being the mastermind behind Silk Road and popularizing Bitcoin usage on his platform for the purposes of decentralized trade. This may sound innocent enough, but the punchline is that his infamous creation, Silk Road, traded and exchanged mainly illegal products, such as illicit substances and firearms, all in the depths of the infamous Dark Web.

In 2013, Ulbricht was arrested and 9 months later charged with money laundering, computer hacking, and drug trafficking. The FBI seized Ulbricht’s Bitcoins and passed them onto the US Marshals, who held an auction and sold them all off to those willing to pay, among them Silbert and Draper (who clearly did the wise thing by buying into them). Ulbricht’s Bitcoins which ended up in the FBI’s hands along with his other funds would have been now worth approximately $2 billion, which, in theory, puts both Ulbricht and simultaneously (though fleetingly) the FBI at our very respectable number 2.

In 1st place is the crypto household name Satoshi Nakamoto. As a matter of fact, no one knows, or at least no one admits to know, who Nakamoto really is. All that’s known is that this name is a pseudonym used by some man or woman, or possibly even a group of people, who created a pioneering mathematical code which resulted in the first ever cryptocurrency unit. The only other fact that’s known is that Nakamoto owns around 1 million Bitcoins, which roughly translates to the staggering $6 billion or more! That’s one filthy rich Japanese mystery at our number 1.

 the Biggest Crypto Winners

Interestingly, if Nakamoto were to actually sell off his Bitcoins, this would cause panic in the crypto market and consequently drive the price of Bitcoin down, which would leave Nakamoto with a lot less than Nakamoto has in assets right now. Talking about being left holding the crypto bag!

We hope you enjoyed our list. Stay tuned for more.

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Top Cryptocurrencies by Number of Network Connections: EOS Has the Most, Nearly 300 Billion

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Today, we bring you the latest stats on top cryptocurrencies and their respective network connections: EOS has the most, followed by Bitcoin and Ethereum
Top Cryptocurrencies by Number of Network Connections: EOS Has the Most, Nearly 300 Billion
Contents

There are many ways to measure how strong a network’s presence is on the Blockchain. One can, for instance, choose to focus exclusively on finance and look at any given company’s market cap or price per each one of its digital tokens. In terms of computational power, a hash rate can be examined to calculate the speed a network is operating at. What can also be done to get a sense of a network’s power capacity is to work out how many network connections that network has. And this is exactly what we have done:

Top Cryptocurrencies

EOS

EOS was founded by the CEO of Block.one, Brendan Blumer, and the programmer Daniel Larimer, who is also one of the co-founders of Steemit. Despite the network’s comparatively young age―it came out only this year―and an avalanche of criticism from its archnemesis Ethereum, EOS is currently the seventh cryptocurrency in the world by market cap. To top it off, now EOS is also starting to approach 300 billion in network connections, the present number being 284 165 661 984, which makes EOS the most developed network in the world by this standard, no less.

Bitcoin

Despite the ongoing crisis which saw Bitcoin’s price drop by almost 50% in relation to its value from 3 months ago, the first crypto coin to have ever come out still to this day remains the first crypto coin by market cap, as well as price. In addition, Bitcoin’s computational power has been recently revealed to be as strong as ever with 47 quintillion 256-character hashes every single second. On this list, too, the network is baring its digital teeth with over 123 billion network connections, 123 102 796 362 to be exact, putting Bitcoin at our number two.

Ethereum

Vitalik Buterin’s creation was born as Ethereum Switzerland GmbH back in 2014 in the region of Central Switzerland, now commonly known as Crypto Valley. One of the most sought-after cryptocurrencies today and the third one in the world by market cap―courtesy of XRP’s sudden overtake from a month ago―Ethereum is also third on our list by the number of network connections: it has close to 116.5 billion of them,116 313 334 020 to be precise.

TRON

TRON was launched by Justin Sun in 2017 through Singapore based non-profit organization The Tron Foundation after its founder, a native of China, moved to the US to further his knowledge and expand business opportunities. Now based in San Francisco, Justin has led his fintech company, which also consists of a decentralized exchange, to become the tenth in the world by market cap. Concurrently, TRON is fourth on our list of network connections with over 35 billion of them, 36 133 988 865 to be more exact.

Dogecoin

Dogecoin, a crypto platform with its digital currency of the same name, was established five years ago, in December 2013. With its as unusual as it is adorable logo depicting a Shiba Inu dog from Japan―which became a widespread Internet meme in the months preceding the network’s launch―Dogecoin is the twentieth altcoin in the world by market cap today, based on stats at the time of writing. Although it cannot compete with some other networks’ capacities on this list, Dogecoin is at our respectable number five with almost 2.5 billion network connections, 2 351 728 353 to be precise.

Ripple

Ripple with its altcoin XRP is the second biggest crypto company in the world by market cap in spite of its seemingly low price of 30 US cents a pop. Initially developed in 2004 by Ryan Fugger from Vancouver, Canada, and subsequently launched in 2012 by Chris Larsen and Jed McCaleb, who is now with Stellar, the platform has a head office in San Francisco, California. Due to how the network is built, e.g. no mining is allowed, Ripple has under 2 billion network connections, 1 661 088 496 to be exact, our number six, which is clearly proving to be sufficient enough to stay among the market leaders.

Litecoin

Litecoin was the second major crypto coin after Bitcoin to have ever been launched, a feat successfully achieved in 2011 by Charlie Lee, a former Google employee and senior engineer at Coinbase. The ninth cryptocurrency in the world by market cap as of right now, Litecoin has over 1.5 billion network connections, more specifically 1 553 637 325, giving this platform the penultimate spot on our list. Incidentally, for those interested in bureaucratic details, The Litecoin Foundation is listed as a registered entity in Singapore.

Ethereum Classic

And finally, the last position on our list is held by Ethereum Classic, a network which is currently at number seventeen in the world by market cap. As the name implies, Ethereum Classic has the same roots as Ethereum; however, after a scandalous 2016 fork following a theft of 3.6 million Ether from venture capital fund The DAO, a decision was made to split the company into two. Those who wanted to improve the algorithm, including Buterin, formed Ethereum; those who dug their heels in and stood pat in the face of progress became Ethereum Classic. Now, the latter has just under 1 billion network connections, 921 664 623 to be precise, over 116 times fewer than Ethereum has today.

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From Mainstream to Blockchain: 10 Business Giants whose People Turned Crypto

In today’s list we present 10 major companies whose employees or investors have left for good to join the Blockchain world
From Mainstream to Blockchain: 10 Business Giants whose People Turned Crypto

Today, we bring you a list of companies, representatives of the mainstream business elite, whose employees or investors have left in order to join the crypto world (displayed in the alphabetical order):
10 Business GiantsLeo Chen of Amazon Web Services recently left the huge corporation to join Harmony, an open infrastructure decentralized platform.

Alok Kothari of Apple, another giant of the mainstream tech world, did the same and moved to Harmony to become its chief engineer.

William Healy of Deutsche Bank recently left one of the biggest banks in the world to join Pantera Capital, a crypto investment firm.

Kahina van Dyke of Facebook left Zuckerberg’s creation to become Ripple’s vice president for corporate development.

The billionaire Michael Novogratz worked at Goldman Sachs for many years before becoming a top level crypto investor of Bitcoin and Ethereum.

Charlie Lee left the giant Google to found one of the crypto pioneers, Litecoin, back in 2011.

Richard Kim worked for JP Morgan for five years before recently leaving the world of mainstream finance to join Galaxy Digital, a Blockchain-based digital investment company.

One more top executive, Emilie Choi, left LinkedIn not long ago to join the well-known crypto exchange platform Coinbase.

Another billionaire on the list, Timothy Draper, was an early investor in Microsoft’s Hotmail and Skype before switching to Bitcoin and multiplying his assets.

And finally, Ryan Lechner of Netflix recently left the online streaming media giant to join the Ethereum-backed Consensys Labs.

We hope you found this list interesting. Stay tuned for more.

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