What cryptocurrencies were the most profitable in 2019?

At the beginning of the year, the market capitalization of the cryptocurrency market was $ 130 billion. This year the indicator managed to grow to $ 373 billion, andNow it is just below the $ 200 billion mark. Although BTC has risen in price by 90% this year, some altcoins have shown much greater growth.

Synthetix Network Token

The list of the most profitable currencies is headed by the SNX token. Since the beginning of January, the price of the token has grown by more than 3000%, and now amounts to $ 1.27.

Chainlink

The LINK token started the year relatively slowly - forfive months its price rose from $ 0.31 to just $ 0.45. However, by the first week of July, LINK was trading at $ 3.74, and to date, its price is slightly less than $ 1.90.

Over the year, the LINK / USD trading pair rose in price by500%, and LINK / BTC pair at 300%. However, according to researchers at AnChain.Ai, unknown scammers used a pump and reset circuit to artificially raise the price of the Chainlink token.

Tezos

Earlier this year, XTZ was worth $ 0.47. By the end of the first quarter of 2019, its price rose to $ 1.06. At the moment, the price of the asset is $ 1.36 and this means that since the beginning of the year it has grown by 190%. It is worth noting that recently the token was in the list of 10 best coins according to Coinmarketcap.

Binance coin

BNB started 2019 at around $ 6. By the end of May, one Binance Coin cost about $ 35.20, however, in the fall the price of altcoin dropped to the support level of $ 15.79. Over the past few months, the price of BNB has been relatively stable, at the moment the asset is trading slightly below $ 14.

Since the beginning of the year, the value of the BNB / USD trading pair has increased by 140%.

Despite the fact that the income of the largest cryptocurrenciescould not be called satisfactory, most of them are trading more expensive than at the beginning of the year. LTC started the year at $ 32, and is currently trading at around $ 43, Bitcoin Cash has grown from $ 135 to $ 195, and ETH has managed to grow from $ 116 to $ 125.

According to the materials cointelegraph.com