AOA listed in KuCoin Plus Trading Area for a 251 Percent RecoverySeptember 17, 2018
KuCoin, the cryptocurrency exchange has listed AOA as it has been uptrend when most of the cryptocurrencies are bearishly following the downtrend.
Australian Financial Review in its report about Kucoin reports, “KuCoin is designed for speculative investors and offers 300 different cryptocurrencies to buy and sell and it doesn’t do any onboarding. It will effectively create an exchange for intermediate and advanced traders, while we’re a mass market approach, making us quite synergistic. We’ll build the consumer-friendly retail experience for people entering the market, while supporting KuCoin for advanced traders.”
AOA has been hard hit of the many altcoins between the market trends in the month of August through September. The tokens fell down by 80%. The downtrend happened in just 38 days. It was too much a downtrend for a token that has been launched only in June. However, the momentum has now reversed and AOA has gained 251% of its value versus the dollar.
Most of the trades for AOA has come from just Kucoin. Of note, AOA is listed in just 2 exchanges of which Kucoin is one.
Crypto Markets seemed literally frozen with no movement on Monday. Technically, there has been no worthy movement in trends ever since the past week. Over the past 3 weeks, the overall market capitalization has been saturated with no progress with just a little over the $200 billion.
Bitcoin has not shown any new movement to the next resistance level. Bitcoin has been trading at $6,480 in the past week. Technical indicators show that the bearish momentum will continue dropping the price line for Bitcoin to $6,400. Ethereum is hovering at the $212 mark.
Altcoins show mild gain and loss trends in the trend line. They are half red and half green. Stellar is exhibiting a 2% uptrend now trending at $0.205. Bitcoin Cash is exhibiting an uptrend by 1.5% as it trades at $445. The rest of the currencies are not showing any worthy movement since the past week.
Real gains are made by “Dash” and that is set at 4%. Cardano is leaving the list of the top ten in the trades. Tezos and VeChain have both fallen by 2.5%.
Aurora is one of the few altcoins that is top in the trend. AOA has been uptrend over the past week and it is up at 70% at $0.036. The momentum of the day is driven by KuCoin. Ever since past Monday, Aurora has made it to 180%.
Other Altcoins like FunFair, PowerLedger and Waltonchain are all in the uptrend by an increase of 10 to 13 percent in a day.
Mixin, GAS and Theta Tokens are all dropping by 7 to 8 percent in the past 24 hours.
There are no notable changes in the overall crypto market capitalization. The market capitalization trend went up to $204 billion a couple hours ago only to fall back to $201 billion. The current trading volume is also low at $10 billion.