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The OKX report for March 7, 2023, 23:00: Alchemix on the way down
1. Coin price development compared to USDT
1.1 Coins that have moved up compared to USDT
To begin, we compare the prices at the start and the end of the hour. In this section, the coin with the highest price increase between 22:00 and 22:59 at OKX was Fodl Finance (FODL). It went from 0.0049 to 0.0052. So, it went up a good 6.12 percent. These coins had the highest increases:
1.2 Coins that have moved down compared to USDT
The coin with the most negative development at OKX was Alchemix. It fell from 25.6 to 24.0. It went down 6.25 percent. MCO was the penultimate. These where the coins with the biggest decreases:
1.3 Price leaps 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. Populous made the biggest upward jump. It marched from 0.1193 to 0.1273 within 12.5 minutes. This meant an increase of a good 6.71 percent. KlayCity was the runner-up. These where the coins with the highest jumps:
| OKX Mkt | Starting price (and time) | | Signal price (and time) | Change | | PPT-USDT | (07.03. 22:00) | 0.1193 | → | (07.03. 22:13) | 0.1273 | +6.71% | | ORB-USDT | (07.03. 22:46) | 0.1304 | → | (07.03. 22:51) | 0.136 | +4.29% | | FODL-USDT | (07.03. 22:31) | 0.0049 | → | (07.03. 22:32) | 0.0051 | +4.08% |
1.4 Price plunges compared to USDT
Alchemix plunged the furthest. It went from 25.6 to 23.9 within 13.9 minutes. That's a decrease of 6.64 percent. Ludena Protocol went down, too. These where the coins with the deepest drops:
| OKX Mkt | Starting price (and time) | | Signal price (and time) | Change | | ALCX-USDT | (07.03. 22:11) | 25.6 | → | (07.03. 22:25) | 23.9 | -6.64% | | LDN-USDT | (07.03. 22:44) | 0.2041 | → | (07.03. 22:57) | 0.1915 | -6.17% | | MCO-USDT | (07.03. 22:55) | 3.44 | → | (07.03. 22:59) | 3.28 | -4.65% |
2. Coin price development compared to USDC
2.1 Coins that have moved up compared to USDC
The best performing coin was LooksRare. It went up from 0.1587 to 0.1606. This was an increase of 1.2 percent. These coins had the best performance:
2.2 Coins that have moved down compared to USDC
The coin with the most negative development was OpenDAO. It fell from 0.000000149 to 0.000000142. This meant a decrease of 4.7 percent. These where the coins with the biggest decreases:
3. Coin price development compared to BTC
3.1 Coins that have moved up compared to BTC
The coin that gained the most was Basic Attention Token (BAT). It increased from 0.00001115 to 0.00001125. So, it went up 0.9 percent. HyperCash was also strong. These coins have developed the best:
| Rank | OKX Mkt | Start price | End price | ± | | 1 | BAT-BTC | 0.00001115 | 0.00001125 | +0.9% | | 2 | HC-BTC | 0.00000471 | 0.00000475 | +0.85% | | 3 | MATIC-BTC | 0.00005093 | 0.0000513 | +0.73% |
3.2 Coins that have moved down compared to BTC
The coin that lost the most was Bitcoin Diamond (BCD). It decreased from 0.00000895 to 0.00000869. It lost 2.91 percent. Reserve Rights went down, too. These coins had the worst performance:
| Rank | OKX Mkt | Start price | End price | ± | | 1 | BCD-BTC | 0.00000895 | 0.00000869 | -2.91% | | 2 | RSR-BTC | 0.000000187 | 0.000000183 | -2.14% | | 3 | CTC-BTC | 0.00002025 | 0.00001983 | -2.07% |
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| Last 24h Mood |
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| 59.3% were bullish |
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| Last Hour Mood |
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| 58.9% were bullish |
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