Here are historical snapshots - Part 1

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24 Mar 2024
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Historical Snapshot - 05 January 2020


Rank     Symbol  Market Cap                    Price                    Circulating Supply
1            BTC       $134,469,548,249.08    $7,411.320000 18,143,812 BTC
2            ETH       $14,875,569,429.66       $136.280000     109,157,039 ETH
3            XRP       $8,474,172,239.53         $0.195500          43,337,903,409 XRP
4            USDT    $4,133,500,727.77          $1.006200          4,108,044,456 USDT
5            BCH      $4,080,035,773.48         $224.100000      18,206,600 BCH
6            LTC       $2,778,396,524.61         $43.550000        63,793,157 LTC
7            EOS       $2,559,643,917.93         $2.701600          947,443,787 EOS
8            BNB      $2,194,781,442.97          $14.110000        155,536,713 BNB
9            BSV       $2,003,156,469.14         $110.870000      18,068,415 BSV
10          XMR      $940,587,960.20             $54.100000       17,387,097 XMR
11          XLM      $909,657,060.26             $0.045360         20,054,779,554 XLM
12          TRX       $908,402,721.81             $0.013620         66,682,072,191 TRX
13          ADA      $900,224,705.78             $0.034720         25,927,070,538 ADA
14          XTZ        $877,159,746.89             $1.263600         694,191,974 XTZ
16          ATOM   $806,970,071.74              $4.231900         190,688,439 ATOM
17          HT         $708,925,310.99             $2.938100         241,284,047 HT
18          NEO      $639,703,565.89             $9.068800         70,538,831 NEO
20          LINK      $632,725,379.19             $1.807800         350,000,000 LINK
21          ETC       $570,853,943.07             $4.907900         116,313,299 ETC
23          USDC    $518,272,576.97             $1.008500         513,906,091 USDC
26          DASH    $476,326,526.07             $51.480000       9,252,790 DASH
29          ONT      $351,858,671.02              $0.552100         637,351,170 ONT
30          VET       $305,240,316.50             $0.005504        55,454,734,800 VET
31          DOGE   $296,989,929.96             $0.002419          122,770,038,083 DOGE
33          BAT       $267,401,433.11              $0.188900          1,415,586,562 BAT
34          ZEC       $260,715,782.66             $31.020000       8,404,419 ZEC
35          PAX       $254,554,712.67             $1.008800          252,336,307 PAX
41          QTUM  $157,729,635.29               $1.638100          96,288,788 QTUM
42          TUSD    $154,620,833.58             $1.009600         153,152,915 TUSD
47          ALGO    $116,782,883.79             $0.231700          504,120,205 ALGO
51          OKB      $107,211,336.45              $2.680300         40,000,000 OKB

Data source - Coinmarketcap

Most volatile crypto of January 2020: the top 10 movers


January 2020 was marked by massive growth in the crypto market. Even less-known altcoins raced forward, adding more than 50 per cent to their value. While the bull stampede seems to be over, the market is still in a much better place than it was a month ago. As the dust slowly settles, it's time to check who gained – and lost – most. Note: the list includes only the most volatile cryptocurrencies with a market cap above $5m at press time.

The gainers

Gulden (NLG)

Gain: 217 per cent ($0.006004 to 0.019026)
Credits (here and elsewhere): Coinmarketcap.com
Gulden appeared in 2014 as a fork of Litecoin. It uses so-called PoW2 consensus protocol that supposedly reduces energy consumption by miners to just 0.01 per cent of that of Bitcoin. The original idea was that Gulden would become the national cryptocurrency of the Netherlands – but, judging from the current $10m market cap, it still has a long way to go. Nevertheless, in the first three weeks of January GLD grew 3.34 times. This is 26 times lower than its all-time high valuation of $0.499114. 

Bitcoin SV (BSV)

Gain: 178 per cent ($96.7 to $268.67)
The pump of Bitcoin Satoshi's Vision became one of the most discussed crypto events of January 2020. It looked even more impressive at its peak, when the price rose to $422, making it the single most volatile crypto of January. It definitely looks like a pump, though on a very large scale – but who orchestrated it? Some point to Canadian gambling billionaire Calvin Ayre. According to an insightful Twitter user, he combined BCH mining with BSV washtrading – a genius scheme that catapulted BSV into the top five coins by market cap in just a few days. 

DASH

Gain: 151 per cent ($41.02 to $102.91)
Among the top 20 coins, DASH was the biggest winner in the rally – when all was said and done, it outdid even the dubious BSV. On Jan 15, DASH gained 40 per cent in one day, all the way to $148.2 – though it has lost most of those gains since. One of the factors driving up the price of DASH could be the ongoing economic and political crisis in Venezuela, where people are using crypto to hedge against hyperinflation. In Venezuela, DASH is the most popular crypto after Bitcoin. 

Ethereum Classic (ETC)

Gain: 83 per cent ($4.49 to $8.21)
ETC partly owes its recent success to the general bull run, but there are two other reasons. First, Binance listed ETC futures, prompting a rally to $11.57. The price fell by almost 30 per cent since then, and ETC is now back in the second dozen of coins by market cap. Second, the project recently activated its Agartha hard fork, which is supposed to improve the interoperability between Ethereum Classic and Ethereum. 

Zcoin (XZS)

Gain: 75 per cent ($2.98 to $5.21)
Zcoin is a privacy-focused currency founded in 2016. In December, Zcoin launched a crowdfunding system that is almost identical to the one used by Monero. In early February, the project will become the first privacy coin to introduce so-called RAP addresses into its wallet – an implementation of the well-known Reusable Payment Codes (BIP47) idea. This gives XZS good grounds for growth, though 2020 can also bring a new crackdown on privacy cryptocurrencies. 

The losers

Karatgold Coin (KBC)

Loss: 61.5 per cent ($0.018577 to $0.007152)
Karatgold was one of several projects in 2019 offering “tokenized physical gold”. The company behind it – German Karatbars – claimed to have a “crypto bank” in Miami, though it didn't provide any proof. Problems began in October 2019, when Florida began an investigation into Karatbars due to its lack of licensing. In November, Karatbar was ordered to cease its activity by the German regulator BaFin. All negative events KBC at the head of our negative top-five of the most volatile cryptocurrencies of January.

Newton (NEW)

Loss: 29.5 per cent ($0.001536 to $0.001082)
Newton peaked a week earlier than other alts (January 7) at $0.002304 and then began its gradual descent. NEW's all-time high ($0.016538) was reached in April 2019 – just three days after its IEO on Huobi. Since then, this highly volatile cryptocurrency lost 94 per cent of its value. This can serve as a cautionary tale to projects that pay for costly IEOs on leading exchanges. Selling out tokens in a few minutes at an IEO isn't the same as long-term success. 

Troy

Loss: 27 per cent ($0.006649 to $0.004837)
Troy is an international crypto broker based in Hong Kong, offering trading and asset management services. It focuses on professional traders and money managers. On December 3, 2019, Troy Trade held an IEO on Binance Launchpad. TROY reached its all-time high of $0.010834 on the first trading day (Dec 6) and slowly started to go down. At this point, it has lost 65 per cent of its value. 

Insolar (INS)

Loss: 24 per cent ($0.216414 to $0.164848)
Insolar is an infrastructure project proposing to combine public and private ledgers and bring “unlimited scalability”. The team apparently comprises 70 people, which is quite high for a blockchain start-up with a market cap of just $5.3m. In October, Insolar announced partnerships with Microsoft and Oracle ahead of the mainnet launch. However, the launch was rescheduled for January – and so far hasn't materialised.

Seele

Loss: 13 per cent ($0.137079 to $0.119622)
 
Seele advertises a processing capacity of 2000 tps thanks to its Matrix Proof-of-Work algorithm (MPoW). It also claims to be fully compatible with the Ethereum Virtual Machine (EVM). Though the project seems to have a strong team and the Github page is regularly updated, it hasn't published any news in the media lately.
As we've seen, even during a general bull run there are some standout winners – and some unexpected losers.
So BTW it is not an investment advice

Look back for opportunities for the future

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