• About
  • FAQ
  • Landing Page
  • Buy JNews
Newsletter
Crypto News
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Crypto News
No Result
View All Result

2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies

by
December 7, 2020
in Uncategorized
0
2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies

Digital currency markets have climbed significantly in value all year long, despite the gloomy global economy and the aftermath of Covid-19 responses. Bitcoin prices have been hovering at values not seen since 2017, and the top crypto asset in terms of market cap has gained a whopping 159% since January 5, 2020. In fact, many crypto assets have seen spectacular 12-month returns, and the following editorial is a look at the top crypto gainers and the biggest losers in 2020.

Related articles

It’s time for Hollywood to move to blockchain. Yes, you read that right

It’s time for Hollywood to move to blockchain. Yes, you read that right

January 24, 2021
Two Million ETH Withdrawn From Exchanges

Two Million ETH Withdrawn From Exchanges

January 24, 2021

This year has been a crazy one, to say the least, and while many global economies worldwide shudder, the crypto economy is thriving. Covid-19 and the nation-states’ responses to the virus, which entailed shutting down large sections of the global economy and locking down healthy citizens, wreaked financial havoc on the masses.

Moreover, stocks, bonds, equities, and a myriad of traditional commodities lost considerable value and on March 12, 2020, the bottom dropped out on everything including digital asset markets.

However, cryptocurrency markets have persevered, and numerous digital assets have outperformed nearly every traditional investment under the sun. According to data from coinmarketcap.com’s historical snapshots, bitcoin (BTC) was trading for $7,411 per coin on January 5 and it has since gained 159% to-date.

2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies
The top ten crypto assets back in January according to historical prices at the time. Historical prices for this editorial were recorded on December 7, 2020’s opening crypto asset prices.

In fact, if one was to measure the crypto asset’s 2020 bottom on March 12, otherwise known as ‘Black Thursday’ at $3,600 per unit, bitcoin (BTC) at $19,200 per BTC has gained a colossal 433% since that date.

Even though BTC is the top blockchain in terms of market valuation, it was not the top-performing crypto-asset during the last 12 months. Many other top ten assets performed a whole lot better than BTC, even though these specific digital currencies have not yet surpassed all-time price highs.

2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies
BTC/USD chart for the 12-month span on December 7, 2020. BTC has gained 159% YTD.

For instance, historical snapshots from January 5, indicate that ethereum (ETH) was swapping for $136 per coin. Today with ETH prices hovering around $595 per unit, the coin has gained 337% in value since then.

2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies
ETH/USD chart for the 12-month span on December 7, 2020. BTC has gained 337% YTD.

XRP did better than BTC too, with a 12-month jump from $0.19 per coin to $0.61 a token giving XRP a 221% gain. On January 5, Chainlink (LINK) was holding down the 20th largest market cap position and was swapping for $1.81 per token. Today, LINK is up 629% at a $13.20 price per unit, and chainlink has captured the seventh largest position.

Cardano (ADA) holds the eighth position this week, when back then it held the 13th position during the first week of the year. On January 5, ADA was trading for $0.03 per coin and it has since jumped 400% to $0.15 per coin. Out of the top ten coin market caps, BTC, ETH, LINK, XRP, and ADA performed the best in 2020.

Of course, a number of lesser known tokens saw some super large gains in 2020, and a few dozen outpaced some of the top ten performers by a long shot. For instance, data shows that during the last 12 months against the USD, gamestars (GST) jumped over 68,999%. Following gamestars includes tokens like zap (ZAP 6,374%), auctus (AUC 5,489%), aave (AAVE 5,121%), and starchain (STC 3,674%).

There were also a number of coins that lost over 90% of their value in 2020, and some coins over 99%. This includes coins like aleph.im (ALEPH 99.96%), kimchi.finance (KIMCHI 99.51%), orion protocol (ORN 98.98%), and covesting (COV 97.96%).

Moreover, because of the last 12 months of issuance, top coins like BTC have seen market caps swell since the first week of January 2020. On January 5, bitcoin’s (BTC) overall market valuation was $134 billion and there were only 18.1 million BTC in circulation.

Today, BTC’s market cap has increased by 164% and circulating coins have increased by 18,564,743 BTC since then. Ethereum’s (ETH) market valuation on January 5, was $14 billion and there was 109,157,039 ETH in circulation at that time. ETH’s market valuation increased 378% during that time frame, and coins in circulation have increased by 4.19% to 113,735,027 ETH.

What do you think about this year’s crypto market performances? Let us know what you think about this subject in the comments section below.

The post 2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies appeared first on Bitcoin News.

Share76Tweet47

Related Posts

It’s time for Hollywood to move to blockchain. Yes, you read that right

It’s time for Hollywood to move to blockchain. Yes, you read that right

by
January 24, 2021
0

With inspiration from past decentralized success, other industries are following suit — and the film industry should be next. The...

Two Million ETH Withdrawn From Exchanges

Two Million ETH Withdrawn From Exchanges

by
January 24, 2021
0

About 10% of the total eth supply on exchanges has been withdrawn since Tuesday according to data from CryptoQuant. Total...

Press Release: CoinShares Launches its First Bitcoin ETP at SIX

Press Release: CoinShares Launches its First Bitcoin ETP at SIX

by
January 24, 2021
0

Today, the Swiss Stock Exchange welcomes another new ETP issuer. CoinShares is already the second product issuer joining in 2021....

Why one Bitcoin on-chain analyst is short-term bearish on BTC price, for now

Why one Bitcoin on-chain analyst is short-term bearish on BTC price, for now

by
January 24, 2021
0

Several prominent on-chain analysts and traders have turned short-term neutral to slightly bearish on Bitcoin as BTC struggles to reclaim...

The impact of Bitcoin hacking incidents in the crypto market

The impact of Bitcoin hacking incidents in the crypto market

by
January 24, 2021
0

Studying the question of how Bitcoin hacking incidents affect the uncertainty in the overall crypto market. In the 2013–2017 period,...

Load More
  • Trending
  • Comments
  • Latest
Privacy Coins Monero, Dash, and Zcash to be Delisted on Bittrex, Dash Unhappy with Decision

Privacy Coins Monero, Dash, and Zcash to be Delisted on Bittrex, Dash Unhappy with Decision

January 4, 2021

New Mining Centers Increase North American Market

December 6, 2020

3 Factors That Made Bitcoin Become so Valuable Last Year

December 6, 2020
SushiSwap’s SUSHI Surges 20% Again After Ethereum Price Correction

SushiSwap’s SUSHI Surges 20% Again After Ethereum Price Correction

December 6, 2020
It’s time for Hollywood to move to blockchain. Yes, you read that right

It’s time for Hollywood to move to blockchain. Yes, you read that right

0

China Is Reportedly Moving To Clamp Down On Bitcoin Miners

0

Inside the Chinese Bitcoin Mine That’s Grossing $1.5M a Month

0

All You Need to Know About This Whole SegWit vs. SegWit2x Thing

0
It’s time for Hollywood to move to blockchain. Yes, you read that right

It’s time for Hollywood to move to blockchain. Yes, you read that right

January 24, 2021
Two Million ETH Withdrawn From Exchanges

Two Million ETH Withdrawn From Exchanges

January 24, 2021
Press Release: CoinShares Launches its First Bitcoin ETP at SIX

Press Release: CoinShares Launches its First Bitcoin ETP at SIX

January 24, 2021
Why one Bitcoin on-chain analyst is short-term bearish on BTC price, for now

Why one Bitcoin on-chain analyst is short-term bearish on BTC price, for now

January 24, 2021
Crypto News

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Abra
  • Altcoin News
  • altcoins
  • Altseason
  • Binance
  • Binance (BNB) News
  • Binance Coin (BNB)
  • Binance Ecosystem
  • Binance Smart Chain
  • bitcoin
  • Bitcoin
  • Bitcoin (BTC) Adoption
  • Bitcoin (BTC) General News
  • Bitcoin (BTC) News
  • Bitcoin (BTC) Predictions
  • Bitcoin Cash (BCH)
  • Bitcoin Cash (BCH) General News
  • Bitcoin dominance
  • bitcoin network
  • Bitcoin price
  • Bitstamp
  • Bittrex
  • Blockchain
  • Blockchain News
  • bloomberg
  • Brad Garlinghouse
  • Business
  • Cameron Winklevoss
  • ChainLink
  • ChainLink (LINK)
  • Chainlink (LINK) News
  • Chainlink Price Prediction
  • Changpeng Zhao
  • charlie lee
  • CME Ethereum Futures
  • CME Group
  • coinbase
  • Coinmarketcap
  • cryptocurrency
  • Dash (DASH)
  • DeFi
  • DeFi Pulse
  • Deribit
  • Electric Coin Company
  • ETH 2.0
  • ETH2.0
  • Ethereum
  • Ethereum (ETH)
  • Ethereum (ETH) News
  • Ethereum 2.0
  • Ethereum Classic (ETC)
  • Ethereum Futures
  • Ethereum Network
  • ethereum price
  • Ethereum price analysis
  • Ethereum Staking
  • Ethereum Upgrade
  • Ethereum Upgrades
  • Flare Networks
  • Flare Networks Snapshot
  • Gemini
  • google
  • Grayscale
  • Grayscale Bitcoin Trust (GBTC)
  • Guide
  • Guides
  • Institutional Investors
  • justin sun
  • JustSwap
  • LINK Marines
  • Litecoin
  • Litecoin (LTC)
  • Litecoin (LTC) News
  • Litecoin Development
  • litecoin foundation
  • Litecoin MimbleWimble
  • Market
  • MicroStrategy
  • MimbleWimble
  • Mining
  • Monero (XMR)
  • News
  • NFT
  • NFTs
  • Non-Fungible Tokens
  • Other
  • Pantera Capital
  • Poloniex
  • Prices
  • Regulation
  • ripple
  • Ripple
  • Scams and Hacks
  • sec
  • Securities and Exchange Commission
  • Spark Token (FLR)
  • Spark Token Airdrop
  • Spark Tokens (FLR)
  • Tether (USDT)
  • Tron (TRX)
  • TRON (TRX) News
  • Tron Foundation
  • Twitter
  • Tyler Winklevoss
  • Wallets and Exchanges
  • Weiss Ratings
  • Wrapped Bitcoin (WBTC)
  • XRP
  • XRP News
  • XRP Price Prediction
  • Yearn Finance (YFI)
  • Zcash (ZEC)
  • ZCash Halving
  • Zeus Capital
  • Zilliqa (ZIL)
  • Zilliqa (ZIL) News
  • Zilliqa Staking

Tags

Altcoin Bitcoin drops Bitcoin Wallet Cointelegraph Cryptocurrency ICO Investment Lending Market Stories Mining Bitcoin

Newsletter

[mc4wp_form]

  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Buy JNews
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2018 JNews by Jegtheme.