The Crypto Economy's Biggest 12-Month Gainers Outshined Bitcoin and Ethereum by a Long Shot

 2021 has been an incredible year for bitcoin, ethereum, and a great number of the world’s most popular digital assets. While bitcoin has gained around 300% during the last 12 months and ethereum has risen by 630%, a large swathe of crypto assets saw much larger gains. 

12-Month Stats Show a Slew of Relatively Unknown Tokens Outperformed the Top Ten Crypto Assets by Market Cap

After the March 12, 2020 market crash that wreaked havoc on nearly every commodity in the world, otherwise known as ‘Black Thursday,’ the crypto economy ballooned in value. Three months ago, most crypto assets tapped fresh new all-time highs, but quite a bit of these coins have since retreated between 30-55% in value. The lion’s share of crypto supporters dedicate their focus to crypto-assets like bitcoin, ethereum, or assets in the top 20 crypto assets by market valuation.

The Game Stars network is an e-sports “blockchain platform that helps to monetize cyber athletes’ professional advancement,” according to the project description. The project’s native token GST has gained 41,882% in 12 months to date.

However, even though BTC and ETH have seen 12-month gains between 300% and 630%, many other coins outshined these assets by a long shot over the last year. The biggest gainer during the last 12 months is a coin called game stars (GST) which is trading for $0.40 per unit. Game stars tokens have increased in value by a whopping 41,882% over the trailing 12-month period. Another crypto-asset that has done almost as well as GST, is mir coin (MIR), which is swapping for $3.73 per coin and gained a massive 41,462% in a year’s time.

Mir coin (MIR) is a payments platform that wants to spread global adoption and the project has created a concept called MIR Land. So far, during the last 12 months, MIR has spiked by 41,462% and is trading today for $3.73 per unit.

GST and MIR are followed by two more relatively unknown crypto assets which include content value network (CVNT) and stox (STOX) tokens. CVNT is up 20,101% in 12 months while STOX is up 13,957%. The next crypto asset on the list with massive 12-month gains is dogecoin (DOGE), which is one of the top ten most valuable crypto markets in terms of market capitalization. DOGE has increased in value by 7,730% over the last 12 months as each meme-based token trades for $0.283 today.

Biggest Top-Ten Gainers: Dogecoin, Binance Coin, Cardano

As far as the top ten is concerned, binance coin (BNB) and cardano (ADA) have been the leaders after dogecoin’s 7,730% gains. BNB has risen 1,649% while ADA’s gains have been a touch lower at 1,450% during the year. 12-month statistics show that ethereum’s 630% would make ether the fourth largest gainer over 12 months out of the top ten positions today. Of course, it wouldn’t be right to forget about the past year’s biggest losers and the token hyperion (HYN) was the worst performer out of all 10,000+ crypto-assets.

Monero classic (XMC) is basically a fork of the privacy-centric coin monero (XMR). The forked monero coin has lost 92.32% of its value during the last 12 months.

HYN lost 99.5% of its value and is followed by shipchain (SHIP) token which lost 99.21% over the year. Tendies (TEND) lost 94.34%, hycon (HYC) shaved 93.02%, and monero classic (XMC) lost around 92.32% over the course of the last 12 months. At the time of writing, the entire crypto-economy is worth $1.96 trillion and out of the top ten crypto market positions on Saturday, August 13, XRP is the biggest 24-hour gainer jumping 11% in value.

source link : https://news.bitcoin.com/the-crypto-economys-biggest-12-month-gainers-outshined-bitcoin-and-ethereum-by-a-long-shot/

 

10:06 AM