When all of the top cryptocurrency markets dip in the red, there is a genuine chance some lower-ranked projects will start moving up all of a sudden. Today is no different in that regard, as the current Factom price trend doesn’t correlate with the top markets whatsoever. Traders will be pleased to see some gains materialize for FCT, as it has been a rough year so far.
Factom Price Tries to Stand out
It is commendable to see some markets move up when the overall industry-wide sentiment is bearish first and foremost. In the case of Factom, it seemingly doesn’t matter what is happening to Bitcoin as of right now. This market shows no intent to follow Bitcoin’s pattern, as it effectively notes some gains whereas other markets fail to do so.
To be more specific, the Factom price has effectively gained 4.51% to rise back to $9.34. Despite this somewhat appealing value, its total market cap still sits at just $88.22m, which is a lot lower compared to what people would come to expect. There is also a 5.5% gain in FCT/BTC,…