Otherworld (OWN) is a relatively new cryptocurrency that was recently integrated into the digital currency portfolio. At the time of this writing, the coin stands at 0.5913USD; this is a slight increase from 24-hour trading and stands at 1.07%. But the overall movement is upward, however small, in the short run to have a positive appreciation. Market capitalization of Otherworld is $20,942,485 placing it in the #4241 rank of the market capitalization of all cryptocurrencies. Although this will not position Otherworld among the leading digital currencies, it means that the asset has entered this market and still has untapped growth potential.

The trading volume on Otherworld is $30,121.07 which the trade volume has risen 6.57% from the previous day. Perhaps, in this case, this increase in trading activity may be viewed as increased investor and trader attention. It is currently at 0.14% as a volume to market cap ratio used to measure the liquidity and trading activity in regards to the total size of the coin. This figure shows that compared to the coin’s market capitalization, there is a moderate trading activities.

Now let’s discuss one of the defining features of Otherworld – token supply. In the self-reported circulating supply, the OWN token is at 35.33 million and makes up 3.53% of the total. The 7.9 percent circulation supply of this coin with respect to its total supply could thus be slightly unhelpful in enhancing the rarity of the coin and therefore price. The total amount of Otherworld is 1 billion tokens and this number is the max supply limit for OWN tokens. What distinguishes the labeled asset is the idea of a fixed supply that can be favourable to investors who face inflationary threats that some cryptocurrencies have due to the relatively infinite supply.

The market capitalization of Otherworld based on the total number of tokens is $ 591,313,886. This figure gives a perspective of the worth of a project if all tokens available out there today are bought at the current value. Diff between Current Market Cap and Fully Diluted Market Cap is quite large to reflect which shows that there is a great potential to grow if the project picks up and rest of the tokens are used.

One has to be concerned about performance and the overall positioning of Otherworld for it to make one understand the true potential of the underlying technology, its application and its viability into future. Although the respective information offers an idea about its present position in the market, it is more important for the potential incrests to investigate the project’s parameters carefully. This involves awareness of the block chain technology it employs, the challenge it seeks to address and its niche in the market which holds myriads of cryptocurrencies.

What is more, Otherworld is not an exception to the cryptocurrency market which is quite famous for fluctuations. The current day price change of Aion reveals a very modest price hike which proves that change is definitely a natural occurrence in the market depending on the specific historical performance of a particular digital coin. Investors should also understand that the high risk associates with cryptocurrency investments reflect the fact that past performance is no indication of future returns and can really change quickly in this market.

It is of the utmost importance to stay as informed as possible and to always do your homework in any investment in the cryptocurrency market. This comprises the evaluation of whitepaper on the Otherworld project, the evaluation of team behind the project, and the evaluation of the potential growth plan of the project. Moreover, the fact that there are some legal issues surrounding this form of investment should also be taken into account.

On the one hand, the low value and market position may be viewed as a potential for development, on the other hand, the corresponding risk factor is also higher. Altcoins are less stable in price, and a greater percentage fluctuation is typical of smaller capitalized cryptocurrencies; moreover, coins may lack high trade frequency, which means that adjusting the quantities is difficult without influencing the price.

In other words, Otherworld through Own is an attractive story when attempting to understand what is happening in the cryptocurrency market. Since its current price movement, supply, and market standing, it has attracted the interest of some investors. However, like any other cryptocurrency, especially those that are ranked lowly or mediumly in the market, it is very advisable to do intensive research on such cryptocurrencies before investing. The direction that Otherworld will take will most probably be defined by its performance, expansion, adaptability as well as by the performance of the general crypto market.