How the Top Cryptos Performed in the First Half of 2019

2019-7-6 15:54

The cryptocurrency market has been on the rise in recent months. But while many of the hundreds of coins and tokens have benefitted from Bitcoin’s latest pump, many still lag behind.

In fact, Andy Hao of Longhash.com says that 67% of cryptocurrencies are still down over 90% from their all-time highs. Most of the gains that the cryptocurrency market has recently seen have been concentrated at the top. The top 10 coins have all experienced at least double-digit gains in 2019.

Bitcoin definitely has the biggest influence and impact on the state of the cryptocurrency market. But the original digital asset has not been the biggest gainer this year. Even though Bitcoin has had a great run recently, a couple of altcoins have performed better.

Of the top 10 cryptocurrencies according to CoinMarketCap, BNB was the top performer for the first half of 2019. Binance’s native token experienced major growth through June. BNB has shot up 424% in the first 6 months of 2019. 

Binance has had a string of positive developments in 2019. The price of BNB has certainly been bolstered by the Binance launchpad as well. Traders have been eagerly buying BNB before each launch due to the requirement to hold the token to participate in initial sales. Of course no slouch itself, BTC has added 189% percent in value in the last 6 months.

XRP was the worst performer of the top 10 coins, with only a 12% increase since the start of the year. It has become pretty popular in the cryptocurrency space to comment on the sideways movement of XRP.

A lot of traders and investors question the amount of control that Ripple has over its network and more importantly the supply of XRP. But still, Ripple has one of the strongest and most enthusiastic communities in the crypto space. Plus the infusion of 500 million dollars into Ripple and XRP related projects should give holders hope for bigger gains in the near future.

Litecoin, with its halving on the way, came in with the second most growth. The price of LTC has jumped 301% since January, and the growth is expected to continue. 

Although the market is constantly in flux, the best players in the market will eventually separate from the weaker projects in a more visibly clear way. 

The post How the Top Cryptos Performed in the First Half of 2019 appeared first on ZyCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) íà Currencies.ru

$ 66170.27 (+0.51%)
Îáúåì 24H $30.94b
Èçìåíåèÿ 24h: -0.03 %, 7d: 4.73 %
Cåãîäíÿ L: $65194.83 - H: $66361.36
Êàïèòàëèçàöèÿ $1303.556b Rank 1
Öåíà â ÷àñ íîâîñòè $ 11385.68 (481.17%)

many still 2019 cryptos half performed cryptocurrencies

Èñòî÷íèê: zycrypto.com

many still → Ðåçóëüòàòîâ: 126


Facebook’s belated entry into the cryptospace has a clearly-defined ‘why’ to it

Libra, Facebook’s yet-to-be launched cryptocurrency, is still receiving a lot of reviews for and against its favor, with many in the industry split over its operations and utility. Meltem Demirors was one of them, and she has a very different take on why Facebook launched a cryptocurrency now, when the industry is already a decade […] The post Facebook’s belated entry into the cryptospace has a clearly-defined ‘why’ to it appeared first on AMBCrypto.

2019-6-22 18:30


Ôîòî:

The unforeseen trouble AI is now causing

AI has come a long way in recent years — but as many who work with this technology can attest, it is still prone to surprising errors that wouldn’t be made by a human observer. While these errors can sometimes be the result of the required learning curve for artificial intelligence, it is becoming apparent that a far more serious problem is posing an increasing risk: adversarial data.

2019-6-18 23:30


Sidechains vs Plasma vs Sharding

Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions.

2019-6-14 04:03


Bitcoin SV highest gainer in May; started from the bottom but still got a long way to go

Bitcoin SV [BSV] touted as the “problem child” of the cryptocurrency industry marked a feat many would not have expected a month prior. Beginning May 2019 off on a disastrous note, being delisted from top exchanges like Binance and Kraken, no one would’ve thought that the crypto that dropped by over 20 percent in a […] The post Bitcoin SV highest gainer in May; started from the bottom but still got a long way to go appeared first on AMBCrypto.

2019-6-2 12:30


Bitcoin and Other Major Altcoins to Continue Price Surge Unless U.S. China Trade War Ceases

The United States and China are still very much at loggerheads and this dispute may not be resolved anytime soon. The trade war between the two economic giants has been noted as one of the many reasons behind Bitcoin’s recent rally because Chinese businessmen may have moved to Bitcoin in the fear that the Yuan […] The post Bitcoin and Other Major Altcoins to Continue Price Surge Unless U.S. China Trade War Ceases appeared first on ZyCrypto.

2019-5-31 22:23


äàëüøå åùå 77 íîâîñòåé →

Ïàðòíåðû Currencies.ru

Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru