Bitcoin May Be #1, But Here’s 37 Altcoins That Have Seen Much Better Performance in 2019
As the first quarter of the year comes to a close, the majority of companies that are already publicly traded will offer their numbers for investors to see. This provides an excellent opportunity to see the various stories of success in cryptocurrencies during these months as well. Bitcoin is commonly used as a reference for this growth, but the writers at Chepicap brought attention recently to 37 altcoins that were performing better than Bitcoin so far this year.
Using the $100 million market cap as a base for these projects, which 36 cryptocurrencies surpassed at a greater volume than Bitcoin. At present, Bitcoin is trading at $4,013, which is a decrease of 0.32% in the last 24 hours.
The next bracket that this evaluation is broken down into is the altcoins that have outperformed Bitcoin by anywhere between 6% and 10%. This category includes Nano, Bytecoin, OmiseGo, Decred, and Lisk. Some of the projects have easy explanations for their growth, like Nano’s performance that engages consumers with various social media platforms like Reddit, Twitter, Discord, and Twitch. However, Bytecoin was delisted from both Binance and OKEx at the end of 2018, but it still managed to surpass the growth of Bitcoin.
The final bracket is for any token that managed to exceed Bitcoin’s performance by over 60%, which turned out to be a total of 12 coins, which are Enjin, ABBC, Crypto.com Chain, Ravencoin, THETA, Binance Coin, Holo, Huobi Token, Ontology, Litecoin, Augur, and Steem.
Though it might be a bit surprising that Enjin Coin managed to see this level of performance, it was the addition of the token into the new Samsung S10 that pushed it along, suddenly exposing it to a massive audience, while increasing the price by over 360% in the first quarter. The market cap alone went from $30 million to $1.44 million in less than three months. Even though it is easy to just credit the increase to the integration via S10, it also has been included in the new Unity game engine, which is believed to be the biggest source of price change.
Binance Coin, one of the more well-known tokens in the crypto space, has a lot of relevance in this section. There have not been a lot of changes in their token, but the Launchpad of the parent company has been wildly successful, already announcing three projects in the first quarter that were completely out of tokens in minutes. The price went from $6 to $15 fairly quickly.
As the next quarter begins and new developments continue to launch, it will be exciting to see the effect of Q2 2019 on the crypto community.
- Source: First Appeared Here
- Published Time: 2019-03-24 22:35:03
The views and opinions expressed in this article Bitcoin May Be #1, But Here’s 37 Altcoins That Have Seen Much Better Performance in 2019 do not reflect that of 48coins, nor of its originally published source. Article does not constitute financial advice. Kindly proceed with caution and always do your own research. In rounding off this piece Bitcoin May Be #1, But Here’s 37 Altcoins That Have Seen Much Better Performance in 2019, here’re the Top prominent words: Better Performance. Better Performance In 2019. Performance In 2019. Seen Much Better Performance.
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