Alternative coins are killing it on the crypto markets today. Specifically, Bitcoin (available on Coinbase) Diamond (BCD), Huobi Token (HT), and Skycoin (SKY). Meanwhile, the more well-known aLTCoins, such as Ripple (available on Binance) (XRP), Bitcoin (available on Coinbase) Cash (BCH), and Litecoin (available on Coinbase) (LTC) are all down.
We’re going to focus on the three alternative coins and token today — Bitcoin (available on Coinbase) Diamond (BCD), Huobi Token (HT), and Skycoin (SKY).
Bitcoin (available on Coinbase) Diamond (BCD)
Bitcoin (available on Coinbase) Diamond (BCD) is currently selling for $5.51. This puts BCD up 14.71% in the past twenty-four hours. Not bad, right? BCD has a market capitalization of $846.81 million.
Source: CoinMarketCap
So far, Bitcoin (available on Coinbase) Diamond (BCD) has had a successful month of May. The latest announcement from the Bitcoin (available on Coinbase) Diamond team came on Monday. At the start of the week, Bitcoin (available on Coinbase) Diamond announced that it will be listing on the SWFT blockchain platform. If you don’t know, SWFT is a cross-blockchain platform.
Bitcoin (available on Coinbase) Diamond (BCD) is now listed on SWFT Platform. You can start trading on https://t.co/ErgwJHHCQX or download the app and start making money💰
How? To know more click here👇https://t.co/9qfvd7Zy8C
P.S – If we receive 200 Retweets, we will conduct an #BCD #Airdrop #SWFTC pic.twitter.com/AQ3XhxG5Ql
— SwftCoin (@SwftCoin) May 8, 2018
The Bitcoin (available on Coinbase) Diamond Twitter account also confirmed the news. Further, last week, Bitcoin (available on Coinbase) Diamond provided development and operation progress for the month of April. It cited support from exchanges, like OKcoinkr.com and KEX.kr, and support from the media. For instance, both Reuters and NASdaq have reported on the alternative coin. Additionally, on May 1, it was announced that Coinw listed Bitcoin (available on Coinbase) Diamond (BCD).
$BCD just listed on Coinw exchange! Coinw ( https://t.co/h7XvkHgSXV ) is a Chinese state-owned enterprise in Hong Kong with an open global digital asset trading platform, mainly for users worldwide under CITICCASH Hong Kong Investment Limited. https://t.co/3zCMTnLPd3 pic.twitter.com/UR2iQ5Lu07
— Bitcoin (available on Coinbase) Diamond[BCD]⚡️ (@Bitcoin (available on Coinbase)Diamond_) May 2, 2018
Huobi Token (HT)
Huobi Token (HT) is currently selling for $3.67. This puts Huobi Token (HT) up 14.04% in the past twenty-four hours. Huobi Token (HT) has a market cap of $183.60 million. HT is below Factom (FCT) and ahead of Achain (ACT).
Source: CoinMarketCap
Despite being a newbie to the crypto markets, Huobi Token (HT) has managed to develop the reputation of being a coin that offers solid volatility. Over the past two months, Huobi Token (HT) has made waves, even when the crypto market was faced with a crash. In April, Huobi Token (HT) collected roughly 83% of gains during the last 30 days.
So, what’s happened in May so far? Is there a reason Huobi Token (HT) is up nearly 15% in the past twenty-four hours? Huobi doesn’t appear to have announced anything today, but that doesn’t mean the markets aren’t optimistic about the value of this token. In fact, one report stated that because Huobi didn’t go through an initial coin offering, and its structure makes sure investors are keen to have the token no matter what, Huobi Token’s (HT) value has a chance of increasing.
What do you think?
Skycoin (SKY)
Skycoin (SKY) is currently selling for $26.38. This puts Skycoin (SKY) up 10.83% in the past twenty-four hours.
Source: CoinMarketCap
Skycoin has been pretty quiet since early April. On April 12, it was announced that Skycoin (SKY) is now trading on CHAOEX. However, word surfaced this week that Skycoin (SKY) will be added to five “upcoming high volume exchanges” soon. Skycoin has not said anything about this, so keep your eyes peeled to see if this really is happening.