Here Are Today’s ICO Winners: BlockPay (BLKPY) and TrueFlip (TFL)

­Despite volume being a little bit lower over the last couple of days in the token market based on the fact that much of the US has shut down for Thanksgiving break, we’ve still seen a considerable amount of action (or, at least, a considerable amount of volatility) in the token space at the end of this week.

Here is a look at two of the biggest gaining tokens in the sector during the last 24 hours with a discussion of what we expect to come next from each.

The two tokens in our crosshairs for the session today are BlockPay (BLKPY) and TrueFlip (TFL).

First up, then, BlockPay.

This token has been an incredible mover over the last 24 hours. Currently, it trades for $0.266 apiece, up 174% on the last 24 hours alone. When you expand these time frames out to one week and one month, the numbers rise to 178% and 302% respectively.

On its ICO price of $0.226, BLKPY is up somewhere in the region of 80%.

Unlike many of the fresh tokens that have hit the market over the last few months, BlockPay is likely one that that many will be familiar with given both the fact that it debuted during August last year (so it’s something of a veteran in this nascent sector) and that there was quite a lot of attention surrounding its launch as and when the ICO in question kicked off.

For those not with familiar BLKPY and the company it represents, BlockPay, is a system designed to be used at point-of-sale for retailers through which they are able to offer transactions in a variety of cryptocurrencies, including Bitcoin, Steem, Ethereum, Dash and Smartcoins.

­Interestingly, there is very little in terms of operational development to which the recent run can be attributed but, given the fact that it’s Black Friday and retail markets are now expected to ramp up in activity, there’s a good chance we will see some degree of escalated activity from BlockPay as retailers increase their usage of its point-of-sale systems.

Chances are, markets are buying up the token in anticipation of the company reporting some solid early December usage numbers.

If this is the case, there’s a good chance we’ll also see a continuation of the strength heading into next week based on the extension of Black Friday activity across many of the major retailers.

Moving on, TrueFlip.

This one is a far newer entrant to the space and, in terms of business model, is far less extensive in terms of scope. That doesn’t mean it can’t be a runner in the token market however and – as if to prove this statement – we’re seeing a considerable amount of activity over at TFL trading HQ right now.

Over the last 24 hours, the token is up 137%, while it’s also up 110% over the last week and 57% since last month. It’s also up on its ICO price of $1.038, currently trading for $1.116 – a little over a 7.5% premium

For those not familiar with this one, is a lottery type token that is designed to underpin a fair and transparent blockchain based lottery.  The company running the lottery has picked up quite a lot of traction since its launch and it is some insight into said traction that has caused the TLF token to rise of late.

Specifically, the company just announced that it has reached around 5000 players daily and has put out a state of TrueFlip report (available here on Steemit) detailing corporate advance over the last few months.

While this one isn’t a billion-dollar idea, it seems as though the team is executing on its growth strategy relatively well and this suggests that we could well see some strength moving forward into the end of 2018 and beyond.

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