Token highlights: CyberMiles
Written by Indira on July 30, 2019
CMT as Large-cap Ethereum based Token is 75 in 2100NEWS ranking. CMT has an average quality of the order book. The average quality of the order book for large caps members of NWSL100 index is 9.8. 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 tokens that are worth keeping in mind when you create a buying list to go into the crypto world.
CyberMiles (CMT) has been launched in 13 exchanges.
CMT as Large-cap Ethereum based Token is 75 in 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100
CMT has an average quality of the order book mark 9.7. (The average for large caps members of NWSL100 index is 9.8.)
Over the past week, the average market cap was 33.7 million $, average daily volume was 5.7 million $.
Over the first half of July, CyberMiles (CMT) price performance soared vs. NWSL100 index as we can see at the chart below. The saying, ‘a rising tide lifts all boats’ may be a good aphorism but charts of 2100NEWS DA indexes show us the signs of a wide crypto decoupling. To make appropriate peers comparison we gauged the CyberMiles (CMT) token with 2100News DA Large-cap index NWSL100.
According to Etherscan, CMT is very popular. There are 22.470 token holders (at the time of this article’s writing).
At the end of June, they launched a new version of the CyberMiles App. They also announce significant progress for the third quarter for their application. According to their roadmap, they will continue to contribute technologies to the larger community under open source. They are very active on social networks and they take good care of their community.
About CyberMiles – what they do
CyberMiles is the blockchain technology developed by 5xlab, a blockchain development laboratory. 5xlab is working closely with 5miles, a leading c2c (consumer-to-consumer) marketplace operator with more than 12 million users in the US. 5miles is expected to be the first platform to utilize CyberMiles’ blockchain protocol, and will also assist 5xlab to develop the technology. Over the last three years of leading innovation in online & local marketplaces, 5miles has accumulated the necessary technical and commercial know-how to tailor blockchain technology & smart-contracts for real-world applications. 5xlab seeks to use this expertise to develop CyberMiles, with a focus on trust and compliance, thus enabling it to be a mainstream blockchain technology for real-world businesses.
CyberMiles is based in Hong Kong. It works closely with 5miles LLC, a leader in consumer-to-consumer (“c2c”) e-commerce in the United States.
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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 tokens CMT.