Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125
In 2023, leading crypto assets such as Bitcoin and Ethereum have made decent profits. Bitcoin is up 17.2% over the past 30 days, while Ethereum is up 9.3% over the same time period. However, statistics for the year show that Bitcoin has fallen 38.3% and Ethereum has lost 39.3% against the US dollar. Below is an overview of 12 crypto assets that have risen in value over the past 12 months.
12 cryptoassets with annualized returns against the US dollar
Cryptocurrencies have rebounded in 2023 and are doing much better than last year. Of the top 125 cryptocurrencies in terms of largest market capitalization, only 9.6%, or 12 digital currencies, have shown growth since the beginning of the year. The leader among the 12 crypto assets is the native token for the game Cyberdragon from Binance Smart Chain (BSC). The token, called binary x (BNX), is up 613% against the US dollar since this day last year. BNX is followed by the Artificial Intelligence Crypto Asset Singularity Network (AGIX), which is up 277% since the start of the year.
AGIX is followed by exchange token Okx OKB, which is up about 169% over the past year. OKB is followed by the Trust Wallet Token (TWT) as TWT is up 162.34% against the USD in 12 months. Two tokens associated with liquid staking protocols follow TWT. Lido dao (LDO) is up 116% and rocket pool (RPL) is up 80% over the past year. AI crypto token fetch.ai (FET) is up 30.26% and Quant Network (QNT) is up 27.12% over a 12-month period.
Throne (TRX) is up 10.61% year-to-date and cdai (CDAI) is up about 1.65% over the last year. Finally, the ethereum token name service (ENS) and monero (XMR) have also risen over the past 12 months, between 0.54% and 0.77%. Most of the other crypto assets in the top 125 are down 10-73% year-over-year. Moreover, while BTC lost 38% since last year, the aforementioned 12 digital currencies have much higher percentage gains against bitcoin than the US dollar.
What do you think about the current state of the cryptocurrency market? Let us know what you think about it in the comments section below.
Denial of responsibilityA: This article is for informational purposes only. It is not a direct offer or solicitation to buy or sell, nor is it a recommendation or endorsement of any products, services or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is directly or indirectly liable for any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods or services mentioned in this article.
Credit : news.bitcoin.com