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Bitcoin Diamond, Huobi Token, Skycoin

Bitcoin Diamond

Alternative coins are killing it on the crypto markets today. Specifically, Bitcoin Diamond (BCD), Huobi Token (HT), and Skycoin (SKY). Meanwhile, the more well-known altcoins, such as Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC) are all down. 

We’re going to focus on the three alternative coins and token today — Bitcoin Diamond (BCD), Huobi Token (HT), and Skycoin (SKY). 

Bitcoin Diamond (BCD) 

Bitcoin 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. 

Bitcoin Diamond (BCD)

Source: CoinMarketCap

So far, Bitcoin Diamond (BCD) has had a successful month of May. The latest announcement from the Bitcoin Diamond team came on Monday. At the start of the week, Bitcoin Diamond announced that it will be listing on the SWFT blockchain platform. If you don’t know, SWFT is a cross-blockchain platform.

The Bitcoin Diamond Twitter account also confirmed the news. Further, last week, Bitcoin 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 Diamond (BCD). 

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). 

Bitcoin Diamond (BCD)

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. 

Bitcoin Diamond (BCD)

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. 

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The Bitcoin Diamond (BCD), Huobi Token (HT), and Skycoin (SKY) Takeaway

Were you glad to see Bitcoin Diamond (BCD), Huobi Token (HT), and Skycoin (SKY) in the green today? Do you think they will continue to be up over the weekend? Let me know. 

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