all about cryptop referances
By 2023, the leading cryptoassets, such as bitcoin and ethereum, have made decent gains. Bitcoin is up 17.2% in the last 30 days and ethereum is up 9.3% in the same time frame. However, year-to-date statistics show that bitcoin is down 38.3%, and ethereum has lost 39.3% against the US dollar. The following presents a look at 12 cryptoassets that have increased in value over the past 12 months.
Crypto assets bounced back in 2023 and are doing much better than last year. Of the top 125 cryptocurrencies by largest market capitalization, only 9.6%, or 12 digital currencies, have posted gains so far this year. The leader among the 12 cryptoassets is the native token of the Binance Smart Chain (BSC) game Cyberdragon. The token, called binary x (BNX), has risen 613% against the US dollar since this day last year. BNX is followed by artificial intelligence cryptoasset singularity net (AGIX), which has gained 277% so far this year.
AGIX is followed by the Okx exchange OKB, which has had an increase of around 169% in the past year. OKB is followed by trust wallet token (TWT), as TWT has gained 162.34% against the US dollar in 12 months. Two tokens associated with floating staking protocols follow TWT. Lido dao (LDO) is up 116% and rocket pool (RPL) has climbed 80% over the past year. AI crypto token fetch.ai (FET) rose 30.26%, and quant network (QNT) jumped 27.12% over the 12-month period.
Tron (TRX) is up 10.61% year to date and cdai (CDAI) is up around 1.65% over the past year. Finally, tokens ethereum name service (ENS) and monero (XMR) have also risen over the past 12 months, between 0.54% and 0.77%. A majority of the other cryptoassets in the top 125 are down between 10% and 73% from this time last year. Furthermore, while BTC has lost 38% since this time last year, the 12 digital currencies mentioned have much higher percentage gains against bitcoin than the dollar.
What are your thoughts on the current state of the cryptocurrency market? Let us know what you think about this topic in the comments section below.
Image credit: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or an endorsement or recommendation of products, services or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on content, goods or services mentioned in this article.
