Data from top crypto exchange reveals outsized alt gains are back!
DigiFinex believes momentum will continue into the second half of the year, sharing that listing activity for promising projects has picked up, and cited Remittance Token (REMCO) as an example. The REMCO blockchain solution is a tokenized money transfer platform with unparalleled speed, designed for licensed money transmitters.
2019 has been a stellar year for digital assets, with many analysts believing the worst of the crypto winter is over and bears have retreated. Bitcoin has come back in a big way from its December lows of $3200, to trade recently at $9000.
DigiFinex, a top exchange based in Singapore, confirms that sentiment has turned around in the blockchain industry. Apart from new account openings, numerous new listings, as well as an IEO launch, many projects have reported staggering gains.
Since the beginning of the year, DigiFinex has listed more than 30 new projects. Here is a summary of the top 3 performers:
Medikey (MKEY)
Listing date: 26 Mar
Returns: +2182% (against USDT)
Medikey is a platform that collects health information from various smart devices and manages them across different organizations.
Vinci (VINCI)
Listing date: 21 May
Returns: +967% (against BTC)
Vinci is a messenger app with a built-in wallet (think WeChat, but with crypto) that makes instant payments with a new level of confidential data security possible.
Pigx (PIGX)
Listing date: 4 Jun
Returns: +330% (against USDT)
PIGX records the full-cycle data of pork products through blockchain technology and validates it to solve the last mile of food safety.
Apart from these projects, DigiFinex also achieved a milestone by launching its first IEO for Brave Sound Token (BRST). The project for K-pop artists was listed in mid-May and is up more than 200% in under a month. Popular altcoins such as Dogecoin (DOGE), Factom (FCT) and IOST (IOST) were also listed this year.
These exclusive insights from crypto exchanges reveal that sentiment is indeed recovering. With massive progress in infrastructure, growing mainstream demand, and fundamental catalysts such as block reward halving on the horizon, crypto looks like it will continue to post solid returns.
