ABBC (ABBC Coin) as Large-cap Coin is 55th in the 2100NEWS ranking. The quality of the order book of ABBC is Ordinary. The average quality of the order book for large caps members of the NWSL100 index is 11.07. What is the true value criterion in the crypto world?
*Among all, the price is always at the forefront. By comparing with the index, we can gauge the price-performance with similar digital assets that are members of the index. Considering an investor’s point of view, peer comparison should be efficient and effective. We present you coins that are worth keeping in mind.
ABBC has been launched in 22 exchanges. ABBC Coin operates with X13 algorithm. This algorithm allows the ABBC blockchain to instantly execute transactions, provide high-level of security, and protect data hacking issues. It ensures a safe and convenient trading experience to the users.
ABBC as Large-cap Coin is 55th in 2100NEWS ranking (after Index Review of 25th October 2019). It is an Index member: NWST1100, NWSL100, NWCo100, NWSDM100.
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 6.2, (Average for Large caps: 11.07)
Over the past week, the average market cap was $139.8 million, average daily volume was $59.8 million.
To make appropriate peer comparison we gauged the ABBC (ABBC Coin) token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). Looking at the chart below, at the top we can see the ABBC vs. NWSL100, in the middle of the chart is the original ABBC price, at the bottom of the chart are NWSL100 and correlation between ABBC and NWSL100. On average (purple area graph), the relationship between ABBC and NWSL100 has shown that since the mid of September ABBC has grown and beaten the NWSL100, it has soared about 50%. However, the correlation graph gives us an explanation that correlation is weak, for 20% of the time, it was moving in the opposite direction as the NWSL100. In the last four months, ABBC as an index member has not been correlated with NWSL100, so it has not been a typical representative of the NWSL100 index in terms of price changes.
Their performance and quality of order book have worsened since this August. This was almost logical because people usually do not know what will bring change. In this case the change has brought quality improvement to ABBC Coin. In August they replaced cloned Bitcoin blockchain with EOSIO blockchain – a private Delegated-Proof-of-Stake (DPoS) blockchain based on EOS. They developed the concept of hybrid account-model, which generates added value for both: customers with the basic understanding of blockchain transactions and for expert customers. Generation 2 of ABBC is supposed to be more scalable and better than before. ABBC can now handle 5,000 transactions per second, allowing its users to send and receive funds instantly. They did not stop. In the future they intend develop more projects to ensure that security and shopping features will improve to pave the way for a better future of payment security.
About ABBC Coin – what they do
ABBC is a technology optimized for distribution, finance, shopping, security, using blockchain technology. ABBC Project is an open platform that works on distributed ledger technology, which makes it open and transparent to all participants. It is designed to develop digital crypto-currency markets and objects for various purposes with their subsequent launch and integration into a unique ecosystem. ABBC builds its business philosophy on the well-established concept of using blockchain and cryptocurrencies to facilitate online retail.
Their primary target audience is owners of small and medium marketplaces — people who are not as big as Amazon but yet have sufficient traffic to be commission-sensitive. Therefore, these people are looking for opportunities to cut the payment processing commission for their platforms and would like to explore additional markets, like one of the crypto holders.
Their secondary target audience is advertising platforms, looking for new innovative ways to display relevant content on behalf of their publishers and for additional sources of legally obtained targeting data.
Established in late 2017, ABBC Coin is based mainly in Dubai, UAE, and Minsk, Belarus. They established partnerships with different firms and organizations from different parts of the world. The leadership consists of Jason Daniel Paul Philip (Founder & CEO), Geun-Woo Lee (Chief Strategic Officer) and Stanley Park (Chief Technology Officer).
Exchanges: : BitForex, Bithumb Global, BitMart, BitMax, Bit-Z, Coinall, CoinBene, Coinsuper, CoinTiger, DigiFinex, DOBI Exchange, DragonEX, FCoin, IDAX, LATOKEN, LBank, Livecoin, OOOBTC, P2PB2B, RightBTC, TOPBTC, ZBG.
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The Crypto Highlights are considered the opinion of 2100NEWS and the material is for informational purposes only and 2100NEWS is not soliciting any action based upon such material. The material is not to be construed as an offer or a recommendation to buy or sell a security nor is it to be construed as investment advice. At the time of this article’s writing, the author did not hold any coins ABBC.