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The GateIO report for May 26, 2023, 3:00: Ardana goes down
1. Coin price development compared to USDT
1.1 Coins that have moved up compared to USDT
As a first step, let's compare the start prices and the end prices. The coin that gained the most between 2:00 and 2:59 at GateIO was Position Token (POSI). It increased from 0.0263 to 0.0317. This was an increase of an outstanding 20.53 percent. Cover Protocol was the runner-up. These coins had the highest increases:
1.2 Coins that have moved down compared to USDT
In this section, the coin with the most negative development was Ardana. It decreased from 0.0025 to 0.0013. That's a decrease of 48 percent. MicroChains Gov Token went down, too. These were the Bottom 3 of the hour:
1.3 Price jumps compared to USDT
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. Cover Protocol made the biggest upward jump. It went up from 19.4499 to 26.9997 within 9.5 minutes. It gained a crazy 38.82 percent. These coins made the highest jumps:
| Gate.io Mkt | Starting price (and time) | | Signal price (and time) | Change | | COVER-USDT | (26.05. 2:43) | 19.4499 | → | (26.05. 2:52) | 26.9997 | +38.82% | | COVER-USDT | (26.05. 2:09) | 22.0022 | → | (26.05. 2:21) | 28.5411 | +29.72% | | POSI-USDT | (26.05. 2:50) | 0.0288 | → | (26.05. 2:59) | 0.0336 | +16.67% |
1.4 Price crashes compared to USDT
Ardana dropped the most. It went from 0.0016 to 0.0009 within 11.6 minutes. This meant a decrease of an insane 43.75 percent. These were the Bottom 3 of the hour:
| Gate.io Mkt | Starting price (and time) | | Signal price (and time) | Change | | DANA-USDT | (26.05. 2:20) | 0.0016 | → | (26.05. 2:31) | 0.0009 | -43.75% | | COVER-USDT | (26.05. 2:34) | 26.4858 | → | (26.05. 2:43) | 19.4499 | -26.56% | | FRR-USDT | (26.05. 2:30) | 0.00007 | → | (26.05. 2:30) | 0.00006 | -14.29% |
2. Coin price development compared to ETH
2.1 Coins that have moved up compared to ETH
In this section, the best performing coin at GateIO was Stater. It went up from 0.0000005 to 0.0000006. So, it went up an outstanding 20 percent. Goldfinch was also strong. These coins have developed the best:
| Rank | Gate.io Mkt | Start price | End price | ± | | 1 | STR-ETH | 0.0000005 | 0.0000006 | +20% | | 2 | GFI-ETH | 0.0002185 | 0.0002395 | +9.61% | | 3 | QASH-ETH | 0.00002565 | 0.0000277 | +7.99% |
2.2 Coins that have moved down compared to ETH
The worst performing coin at GateIO was Multichain. It fell from 0.0022983 to 0.002069. This was a decrease of 9.98 percent. Shadows was also weak. These coins had the worst performance:
| Rank | Gate.io Mkt | Start price | End price | ± | | 1 | MULTI-ETH | 0.0022983 | 0.002069 | -9.98% | | 2 | DOWS-ETH | 0.0000032 | 0.000003 | -6.25% | | 3 | KEY-ETH | 0.000003848 | 0.000003667 | -4.7% |
2.3 Price jumps compared to ETH
Goldfinch (GFI) made the biggest upward leap. It increased from 0.0002163 to 0.00024 within 8.1 minutes. It gained a respectable 10.96 percent. QASH (QASH) also made a strong jump. These coins made the highest jumps:
| Gate.io Mkt | Starting price (and time) | | Signal price (and time) | Change | | GFI-ETH | (26.05. 2:34) | 0.0002163 | → | (26.05. 2:42) | 0.00024 | +10.96% | | QASH-ETH | (26.05. 2:40) | 0.00002636 | → | (26.05. 2:42) | 0.00002915 | +10.58% | | LUFFY-ETH | (26.05. 2:18) | 0.0000000537 | → | (26.05. 2:24) | 0.000000059 | +9.87% |
2.4 Price crashes compared to ETH
Akash Network plunged the lowest. It fell from 0.0005 to 0.000242 within 7.8 minutes. So, it went down an insane 51.60 percent. These where the coins with the deepest drops:
| Gate.io Mkt | Starting price (and time) | | Signal price (and time) | Change | | AKT-ETH | (26.05. 2:48) | 0.0005 | → | (26.05. 2:55) | 0.000242 | -51.60% | | LUFFY-ETH | (26.05. 2:03) | 0.0000000594 | → | (26.05. 2:16) | 0.0000000537 | -9.60% | | XTAG-ETH | (26.05. 2:19) | 0.0000103 | → | (26.05. 2:30) | 0.00000949 | -7.86% |
3. Coin price development compared to BTC
3.1 Coins that have moved up compared to BTC
The coin with the most positive development was New BitShares. It increased from 0.0000000096 to 0.0000000105. This meant an increase of a pleasant 9.38 percent. REI Network was also strong. These coins had the best performance:
| Rank | Gate.io Mkt | Start price | End price | ± | | 1 | NBS-BTC | 0.0000000096 | 0.0000000105 | +9.38% | | 2 | REI-BTC | 0.000000918 | 0.000000964 | +5.01% | | 3 | GTC-BTC | 0.000000025 | 0.0000000255 | +2% |
3.2 Coins that have moved down compared to BTC
The coin with the most negative development was Witnet. It fell from 0.0000003957 to 0.0000003859. That's a decrease of 2.48 percent. These where the coins with the biggest decreases:
| Rank | Gate.io Mkt | Start price | End price | ± | | 1 | WIT-BTC | 0.0000003957 | 0.0000003859 | -2.48% | | 2 | NAOS-BTC | 0.00000057 | 0.00000056 | -1.75% | | 3 | LMR-BTC | 0.000000173 | 0.00000017 | -1.73% |
3.3 Price jumps compared to BTC
New BitShares (NBS) made the biggest upward jump. It increased from 0.0000000095 to 0.0000000104 within 11.9 minutes. So, it went up a pleasant 9.47 percent. Ink (INK) was the runner-up. These coins made the highest jumps:
| Gate.io Mkt | Starting price (and time) | | Signal price (and time) | Change | | NBS-BTC | (26.05. 2:46) | 0.0000000095 | → | (26.05. 2:58) | 0.0000000104 | +9.47% | | INK-BTC | (26.05. 2:24) | 0.00000002 | → | (26.05. 2:25) | 0.000000021 | +5.00% | | REI-BTC | (26.05. 2:30) | 0.000000958 | → | (26.05. 2:39) | 0.000001002 | +4.59% |
3.4 Price crashes compared to BTC
Mobius plunged the lowest. It went from 0.000000183 to 0.000000172 within 13.9 minutes. It lost 6.01 percent. These coins plummeted the furthest:
| Gate.io Mkt | Starting price (and time) | | Signal price (and time) | Change | | MOBI-BTC | (26.05. 2:11) | 0.000000183 | → | (26.05. 2:24) | 0.000000172 | -6.01% | | REI-BTC | (26.05. 2:41) | 0.000001002 | → | (26.05. 2:47) | 0.000000953 | -4.89% | | REI-BTC | (26.05. 2:27) | 0.000000995 | → | (26.05. 2:30) | 0.000000958 | -3.72% |
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