Monthly Market Report｜Market value and trading volume have both increased significantly, but only 30% of the profits
Monthly Summary
"Investor Survey": More than 60% of investors did not make a profit in April. More than 67% of investors believe that the overall market value of digital assets will only fluctuate in a small range in May.
"Secondary Market Overview": In April, the average daily market value and average daily trading volume of global blockchain digital assets both increased significantly. The TOP200 digital assets have experienced large gains in the four major vertical fields.
"Primary Market Financing Analysis": In April, there were 41 public offering projects worldwide, of which the financial sector had the largest number. In addition, a total of 29 blockchain projects completed equity financing.
"The biggest hot spot of the month": Multiple exchanges have delisted BSV.
Investor Research
In April, OK Research conducted a questionnaire survey for users holding positions, setting up 9 questions in total, including this month's income, next month's currency market expectations, IEO participation, delisting of BSV/USDT model/decentralized exchanges, etc. the opinion of. A total of 3518 valid samples were recovered.
The results of the questionnaire show that in terms of investment income, the total of basically flat, small losses and large losses accounted for more than 60%, that is, more than half of the position holders did not make a profit in April.
In terms of expectations for the digital asset market in May, the results show that nearly 70% of investors believe that the overall market value of digital assets will fluctuate in a small range in May; A sharp rise or fall. Another 10.01% of users think that the current situation is unclear and difficult to judge.
Based on the smooth expectation of the digital asset market in 2019, in the May 2019 survey on position change expectations, 32.35% of investors will basically remain unchanged. Another 35.53% of users will choose the opportunity to increase their positions by a small amount. Overall investment sentiment is positive.
Regarding IEO, investors began to actively participate in IEO projects in April. Only 33.71% of investors have not participated in IEO projects, and most investors choose to try 1 to 3 IEOs.
In response to the recent move by the National Development and Reform Commission to list mining as an obsolete industry, investors are obviously worried about future policy trends.
In terms of DEX (decentralized exchange), the vast majority of investors have a positive attitude towards DEX supplementing the market ecology, but 30.84% are skeptical.
Data source: OK Research April survey
Data source: OK Research April survey
Data source: OK Research April survey
Overview of secondary market conditions
Unlike the relatively stable daily average market value and average daily trading volume of global blockchain digital assets in March, the average daily market value rose to around US$170 billion in April, and the average daily trading volume rose sharply to around US$50 billion. Specifically, the average daily market value of global digital assets in April was US$175.133 billion, up 27.31% month-on-month; the average daily trading volume was US$50.270 billion, up 58.71% month-on-month.
Among the digital assets with a market capitalization of TOP200 in April, MONA has the largest increase, with a monthly increase of 92.56%. The cryptocurrency and payment project DGD and the content copyright project UIP also performed well.
30 trading platforms including OKEx, Huobi Global, Bitfinex, Bithumb, ZB.com, Upbit, HitBTC, Bittrex, and 61 new trading pairs were listed in April. The distribution of newly listed projects is mainly concentrated in the general public chain and financial direction; exchanges such as Huobi Pro, Bitfinex and Hitbtc are more active in listing coins.
Primary Market Financing Analysis
A total of 29 projects completed equity financing in April, with a total financing of more than 160 million US dollars
In April, the activity on the Bitcoin chain rose slightly, and the average daily on-chain transaction volume and the average number of daily on-chain transactions soared. The average number of daily active Bitcoin addresses was 644,500, a year-on-year increase of 33.00% and a month-on-month increase of 8.97%.
Data source: https://bitinfocharts.com
In April, the average daily number of bitcoin transactions on the chain was 366,600, a year-on-year increase of 91.32%, and a month-on-month increase of 20.23%.
Data source: https://bitinfocharts.com
In the statistics of the cumulative number of Dapps launched on the three major public chains in April, the proportion of the number of Dapps on ETH continued to decline, and TRX rose relatively strongly.
Data source: https://spider.store
Data source: https://spider.store
Among the average daily Dapp active user statistics of public chains in April, EOS has the largest number of active users, reaching 147,500. In addition, the number of EOS active users has also increased the most, reaching 42.65%.
Data source: https://spider.store
List of important global policies
List of important global policies
