Let’s summarize 2018 and recognize outstanding projects te the following categories: most valuable crypto, best investment, largest ICO, fail of the year, worst investment.
2018 has bot the year of the major breakout for cryptocurrencies. Many more people have said the word bitcoin last year than te the other seven years of its existence. Wij are observing more investments coming te both te the cryptocurrencies themselves, but also ter businesses that form the ecosystem for the fresh type of money.
Let’s wrap up the year by recognizing the best and worst cryptocurrencies te various categories.
Most valuable cryptocurrency
The award for the most valuable cryptocurrency goes to the project with the largest market cap. While the rumours of Ethereum or Bitcoin Contant taking the coveted #1 position on coinmarketcap were noisy they have failed to woo people to abandon the blockchain that commenced it all. Bitcoin remains rigidly seated on the Metal Throne of crypto.
Bitcoin wasn’t the only consistent top-performer this year. Ethereum, Bitcoin Specie, Litecoin, Dash and Ripple have consistently maintained top-10 positions last year. It will be titillating to see if any cryptocurrency can strike Bitcoin te 2018.
The award for the best investment goes to the cryptocurrency that has appreciated the most ter its value overheen the course of the year. Some cryptocurrencies have not bot around for the total year. Te this case, wij use the date it has appeared on coinmarketcap spil the entry point, and January, 1st 2018 spil the final price snapshot. Ter order to make this analysis more practical wij’ve also limited the selection to those cryptocurrencies that have had at least $1,000,000 market cap at the beginning of the year or on the day they were listed on coinmarketcap.
Without further ado, the winner for the best investment of 2018 is xtrabytes! This little known crypto has provided its believers 3879.98 come back on investment, meaning $1 invested a year ago would have given you almost $4000 to work with today.
The award for the largest ICO goes to the project that raised the largest amount of funds.
With $257 million raised, Filecoin confidently takes the title of the largest ICO to date. While some voorkeur that the ICO didn’t go spil slickly spil they’d hope, and that there’s neither a token strafgevangenis a blockchain ready, Filecoin does have one of the best teams te the world working on it, and now they also have a giant pile of specie.
Other notable ICOs include Tezos with $232 million raised, EOS with $185 million raised, and Bancor with $153 million raised. So far, none of thesis multimillion investments have resulted ter a working product.
Fail of the year
The award for fail of the year goes to the cryptocurrency that has caused the largest PR scandal.
Undeniably, fail of the year 2018 goes to Tezos. Let’s hope that Arthur and Kathleen Breitman will be able to solve their internal conflicts and will launch the long awaited blockchain this year.
The award for the worst investment goes to the cryptocurrency that has lost most of its value overheen the course of the year.
Overall, 282 digital assets out of 876 have lost value overheen the course of the year. Yescoin has certainly bot the worst investment out of all of them. Ter fact, if you invested $1 ter yescoin on January, 1st 2018, today this investment would be worth $0.0000001939327.
Curiously, there are 12 crypto assets that have performed worse than the Worthless Ethereum Token, which is itself a prank that is designed to have absolutely no value. To be worth less than a futile ethereum token is an achievement te and of itself.
2018 has certainly bot an arousing year for cryptocurrencies, but 2018 will have a much more profound effect. Cryptocurrencies have grown too big to be overlooked by major players. This year, wij will see countries and banks regulate the use of cryptocurrencies, spil well spil fresh projects and ICOs and a loterijlot of titillating technology such spil atomic interchanges and lightning network.
May you only pick the best cryptocurrencies for your portfolio ter 2018. Glad trading!