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 yearthe figure managed to grow to $373 billion, andis now just below the $200 billion mark. And while BTC has risen in value by 90% this year, some altcoins have seen much greater gains.

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

LINK token started the year relatively slow– in five 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 today its price is just under $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

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

Based on materialscointelegraph.com