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The Bitrue report for May 26, 2023, 10:00: Convergence falls
1. Price development in comparison to USDT
1.1 Up movers compared to USDT
As a first step, let's compare start prices and end prices. The coin with the most positive development between 9:00 and 9:59 at Bitrue was MOBOX. It went up from 0.41 to 0.496. It increased by an outstanding 20.98 percent. Coinerr was the runner-up. These coins have developed the best:
1.2 Down movers compared to USDT
The coin with the highest price decrease was Convergence. It fell from 0.0021 to 0.0014. This was a decrease of 33.33 percent. These coins had the worst performance:
1.3 Short-time price leaps compared to USDT
But what happened in the meantime? Now we take a look on short-time price jumps that happened within the hour. We focus on price jumps that took less than fifteen minutes. Vita Inu made the biggest leap upwards. It went up from 0.0000000096 to 0.00000001099 within 2.5 minutes. This meant an increase of an excellent 14.48 percent. Coinerr was the runner-up. These coins made the highest jumps:
| Bitrue Mkt | Starting price (and time) | | Signal price (and time) | Change | | VINU-USDT | (26.05. 9:01) | 0.0000000096 | → | (26.05. 9:04) | 0.00000001099 | +14.48% | | ERR-USDT | (26.05. 9:04) | 0.00008466 | → | (26.05. 9:05) | 0.00009243 | +9.18% | | XRPAYNET-USDT | (26.05. 9:52) | 0.000735 | → | (26.05. 9:52) | 0.000801 | +8.98% |
1.4 Short-time price plunges compared to USDT
Convergence plunged the furthest. It crashed from 0.0021 to 0.0014 within 1.0 minutes. This was a decrease of a catastrophic 33.33 percent. SILK also lost a lot. These coins fell the deepest:
| Bitrue Mkt | Starting price (and time) | | Signal price (and time) | Change | | CONV-USDT | (26.05. 9:53) | 0.0021 | → | (26.05. 9:54) | 0.0014 | -33.33% | | SILK-USDT | (26.05. 9:54) | 0.4155 | → | (26.05. 9:55) | 0.3105 | -25.27% | | AION-USDT | (26.05. 9:53) | 0.00089 | → | (26.05. 9:54) | 0.00081 | -8.99% |
2. Price development in comparison to BUSD
2.1 Up movers compared to BUSD
The coin with the most positive development was Gifto. It increased from 0.01768 to 0.01829. This was an increase of 3.45 percent. League of Kingdoms also gained a lot. These coins had the best performance:
2.2 Down movers compared to BUSD
In this category, the coin with the most negative development was OG Fan Token. It fell from 6.218 to 6.072. This was a decrease of 2.35 percent. These where the coins with the biggest decreases:
2.3 Short-time price leaps compared to BUSD
BitTorrent made the biggest upward leap. It went from 0.00000056 to 0.0000006 within astonishing 59 seconds. It went up a pleasing 7.14 percent. These coins made the highest leaps:
| Bitrue Mkt | Starting price (and time) | | Signal price (and time) | Change | | BTTC-BUSD | (26.05. 9:13) | 0.00000056 | → | (26.05. 9:14) | 0.0000006 | +7.14% | | BTTC-BUSD | (26.05. 9:42) | 0.00000056 | → | (26.05. 9:43) | 0.0000006 | +7.14% | | GFT-BUSD | (26.05. 9:23) | 0.01847 | → | (26.05. 9:30) | 0.01937 | +4.87% |
3. Price development in comparison to XRP
3.1 Up movers compared to XRP
The best performing coin was VeChain (VET). It increased from 0.04119 to 0.041548. It gained 0.87 percent. Kava was also strong. These coins have developed the best:
| Rank | Bitrue Mkt | Start price | End price | ± | | 1 | VET-XRP | 0.04119 | 0.041548 | +0.87% | | 2 | KAVA-XRP | 2.3242 | 2.332 | +0.34% | | 3 | ICP-XRP | 10.34 | 10.37 | +0.29% |
3.2 Down movers compared to XRP
The coin with the most negative development was Smooth Love Potion (SLP). It tumbled from 0.00465 to 0.00455. This meant a decrease of 2.15 percent. These coins had the biggest decreases:
| Rank | Bitrue Mkt | Start price | End price | ± | | 1 | SLP-XRP | 0.00465 | 0.00455 | -2.15% | | 2 | GALA-XRP | 0.06505 | 0.06381 | -1.91% | | 3 | PRO-XRP | 0.688478 | 0.676178 | -1.79% |
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| Last 24h Mood |
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| 55.3% were bullish |
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| Last Hour Mood |
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| 53.8% were bullish |
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