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The Coinbase report for May 26, 2023, 15:00: Function X goes down
1. Coin price development compared to USD
1.1 Coins that have become more expensive compared to USD
As a first step, let's compare the start prices and the end prices. In this category, the best performer between 14:00 and 14:59 at Coinbase was SuperRare. It raised from 0.09585 to 0.10005. It increased by a nice 4.38 percent. These coins had the best performance:
| Rank | Coinbase Mkt | Start price | End price | ± | | 1 | RARE-USD | 0.09585 | 0.10005 | +4.38% | | 2 | LOKA-USD | 0.3567 | 0.3716 | +4.18% | | 3 | ARPA-USD | 0.1046 | 0.1086 | +3.82% |
1.2 Coins that have become less expensive compared to USD
The coin with the most negative development was Function X (FX). It went down from 0.2075 to 0.19245. That's a decrease of 7.25 percent. These where the coins with the biggest decreases:
| Rank | Coinbase Mkt | Start price | End price | ± | | 1 | FX-USD | 0.2075 | 0.19245 | -7.25% | | 2 | UPI-USD | 0.0012276755796073 | 0.001156923263425 | -5.76% | | 3 | ABT-USD | 0.1005 | 0.0958 | -4.68% |
1.3 Price jumps compared to USD
But what took place within the hour? 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. ARPA Chain made the biggest jump up. It went up from 0.1052 to 0.11285 within 10.4 minutes. It gained a pleasing 7.27 percent. These where the coins with the highest jumps:
| Coinbase Mkt | Starting price (and time) | | Signal price (and time) | Change | | ARPA-USD | (26.05. 14:22) | 0.1052 | → | (26.05. 14:32) | 0.11285 | +7.27% | | RARE-USD | (26.05. 14:30) | 0.09555 | → | (26.05. 14:40) | 0.10175 | +6.49% | | HIGH-USD | (26.05. 14:26) | 2.136 | → | (26.05. 14:34) | 2.224 | +4.12% |
1.4 Price crashes compared to USD
Function X dropped the most. It fell from 0.20785 to 0.18945 within 14.0 minutes. It lost 8.85 percent. Pawtocol also lost a lot. These where the coins with the deepest drops:
| Coinbase Mkt | Starting price (and time) | | Signal price (and time) | Change | | FX-USD | (26.05. 14:38) | 0.20785 | → | (26.05. 14:52) | 0.18945 | -8.85% | | UPI-USD | (26.05. 14:32) | 0.0012268735499759 | → | (26.05. 14:46) | 0.0011568970753279 | -5.70% | | ELA-USD | (26.05. 14:35) | 1.61 | → | (26.05. 14:44) | 1.532 | -4.84% |
2. Coin price development compared to USDT
2.1 Coins that have become more expensive compared to USDT
The coin that gained the most at Coinbase was ARPA Chain. It went from 0.1056 to 0.10855. This meant an increase of 2.79 percent. These coins have developed the best:
| Rank | Coinbase Mkt | Start price | End price | ± | | 1 | ARPA-USDT | 0.1056 | 0.10855 | +2.79% | | 2 | DEXT-USDT | 0.54318210223722 | 0.55564719702082 | +2.29% | | 3 | ENJ-USDT | 0.328 | 0.335 | +2.13% |
2.2 Coins that have become less expensive compared to USDT
The coin with the highest price decrease was Pawtocol. It fell from 0.0012275221393399 to 0.0011564309522368. That's a decrease of 5.79 percent. Elastos also lost a lot. These where the coins with the biggest decreases:
| Rank | Coinbase Mkt | Start price | End price | ± | | 1 | UPI-USDT | 0.0012275221393399 | 0.0011564309522368 | -5.79% | | 2 | ELA-USDT | 1.6005 | 1.567 | -2.09% | | 3 | DREP-USDT | 0.37170353705787 | 0.36754892404589 | -1.12% |
2.3 Price crashes compared to USDT
Pawtocol dropped the most. It plunged from 0.0012265485146195 to 0.0011565790160985 within 14.8 minutes. This meant a decrease of 5.70 percent. These coins fell the deepest:
| Coinbase Mkt | Starting price (and time) | | Signal price (and time) | Change | | UPI-USDT | (26.05. 14:31) | 0.0012265485146195 | → | (26.05. 14:46) | 0.0011565790160985 | -5.70% | | ELA-USDT | (26.05. 14:00) | 1.6005 | → | (26.05. 14:10) | 1.5095 | -5.69% | | ARPA-USDT | (26.05. 14:42) | 0.1128 | → | (26.05. 14:57) | 0.1087 | -3.63% |
3. Coin price development compared to EUR
3.1 Coins that have become more expensive compared to EUR
In this section, the coin that gained the most was ARPA Chain. It raised from 0.09757 to 0.10123. This was an increase of 3.75 percent. XYO Network also gained a lot. These coins had the highest increases:
| Rank | Coinbase Mkt | Start price | End price | ± | | 1 | ARPA-EUR | 0.09757 | 0.10123 | +3.75% | | 2 | XYO-EUR | 0.0036735 | 0.003776 | +2.79% | | 3 | REQ-EUR | 0.078305 | 0.08024 | +2.47% |
3.2 Coins that have become less expensive compared to EUR
The worst performer was none other than Mirror Protocol. It tumbled from 0.034984017317888 to 0.03392065273626. So, it went down 3.04 percent. Numeraire was the penultimate. These coins had the worst performance:
| Rank | Coinbase Mkt | Start price | End price | ± | | 1 | MIR-EUR | 0.034984017317888 | 0.03392065273626 | -3.04% | | 2 | NMR-EUR | 15.68 | 15.335 | -2.2% | | 3 | CRV-EUR | 0.81275 | 0.8075 | -0.65% |
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