Tuesday, October 8, 2024
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HCN Q-Bytes Weekly Report (Sep 3,2022-Sep 9,2022)

Hcoin is the hope for the upcoming massive financial collapse

Author: love_mg; Graphics Designer: ericlau-天龙; Coordinator: BeBrave(文墨); Publisher: langford

1. Hcoin accelerates the pace of gaining more financial license to expand its circulation 

2. The critical upgrades of Ethereum (ETH) attract large volume of interest from general public

■ Market Cap

• Current market cap: 27.80B USD (market dominance to be 2.65% and rank 4 out of 8.5K nonstable coins). The current market cap of BTC and ETH are 410.18B USD and 211.87B USD

■ Volume

• Daily average: 3.37M USD (WoW: -19.33%), larger than 94.64% digital coins. The daily volume of BTC and ETH are 34.55B USD and 17.05B USD

■ Weekly fundamentals and stochastic oscillation

• Weekly returns: -6.98%, better than 21.39% digital coins, 0.80% S&P500 stocks with weekly BTC, ETH and S&P500 returns to be 7.07%, 8.99% and 3.66%

• Volatility: 2.59%, better than 59.69% digital coins, 4.99% S&P500 stocks with volatility of BTC, ETH and S&P500 to be 4.75%, 2.98% and 0.99%

• Sharpe ratio: -0.38, better than 25.18% digital coins, 0.80% S&P500 stocks with sharpe of BTC, ETH and S&P500 to be 0.23, 0.43 and 0.92

• Stochastic oscillator: 22.72, better than 34.96% digital coins, 23.75% S&P500 stocks with stochastic oscillators of BTC, ETH and S&P500 to be 26.22, 64.45 and 20.01 

Data sources: https://himalaya.exchange/trading?coinpair=HCN/HDO

https://coinmarketcap.com/

https://finance.yahoo.com/

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