Scanning the levels for XEM (BTG), we note that the cryptocurrency has a current market capitalization of 568,771,229.00 and has been spotted trading around the $33.3300 level. Shifting the focus to some historical price data, we see that XEM (BTG) has moved -8.94% over the last 24 hours, and moved -25.47% over the previous 7 days. Tracking the circulating supply number, the value is currently 17,063,461.000. Volume over the last 24 hours has been spotted at 12,592,700.00.
Over the past few months, the cryptocurrency market has become the talk of the investing community. While it remains to be seen what will eventually come from all the hype, investors may continue to survey the situation to make sure that they’re not left out in the cold. Even after all the publicity, investors still may not know what to make of cryptocurrency at this point in time. If they decide that the potential is too big to ignore, they may decide to get in on the action. Investors may need to figure out whether the risks will be worth the reward in the long run. Because the crypto phenomenon is still relatively new to many individuals, it may require a lot more study and examination to completely understand the space.
Investors may be taking a much closer look at the cryptocurrency markets as we move further into 2018. With the amount of crypto options increasing, it may be necessary for the investor to carefully study each currency before investing. Each cryptocurrency is essentially a system unto itself, and they operate with their own rules. Some crypto’s may offer slightly different functions such as faster transaction processing or better privacy. With the fast-growing crypto market garnering more and more attention, investors all over the world may be looking to add a slice to their portfolios. Nobody can say with complete certainty how the cryptocurrency boom will play out, but there will undoubtedly be many interested onlookers.
Many investors are probably wondering if the cryptocurrency boom will eventually flame out or if it will turn into the next big thing. With all the current hype surrounding crypto, it may be difficult to understand the basics well enough to make any kind of educated projection on where the market is heading. Digital currency has indeed seemed to capture the imagination of investors all around the globe. Investors may have to soon decide whether they are going to allot a portion of their portfolios to cryptocurrency. Some people will argue that digital currency investing will be another way to add diversity to the portfolio. Others believe that it will eventually turn out to be a highly speculative and ultimately poor investment.