10 Big Coins That Have Lost a Major Portion of Their Value
I recently came across the site Coingecko.com. While it mostly resembles Coinmarketcap, they do have a unique feature that lists the percentage of value lost since the coin's all time high. I just had to do a list of big coins that have lost a lot of value since their peak.
0 Bitcoin: For Reference, Bitcoin has lost 65% of it's value since it hit it's peak.
1 NEO (90%)
For such hype and the idea that it could compete with Ethereum, it has probably surprised a lot of people that NEO sits at less then $20 instead of nearly $200
2 Bytecoin (98%)
I guess old coins are not exempt from fading into the shadows and disappearing. From 0.15$ less then 6 months ago it has now dropped to less then 0.002$.
3 ZCash (96%)
Who could forget ZCash's wild ride and then dump? Hard to believe that it once surpassed Bitcoin's value, topping out at $3,192, which has now decreased to a whopping $124.
4 Bitcoin Gold (95%)
Being a Bitcoin clone with no real use, I was fond of predicting this fall. It has gone from $456 to 22.08.
5 Bitcoin Cash (87%)
Though not quite as much as some of the others, this was another fall I predicted a few times and enjoyed doing so (I seem hate some of these bitcoin clones, don't I). All the way from $3,786 to $482.
6 TRON (90%)
An attempt to decentralize the web that took the market by storm has sizzled out a bit and only holds about 10% of it's value at the highest point. All the way from 0.23$ to about 0.0224$.
7 NEM (95%)
Again, another older coin that has lost a lot of it's value recently. With similar losses to Bytecoin, it has gone from $1.87 to 0.095$.
8 Litecoin (84%)
While you may not think of Litecoin as having lost a lot of value, it actually has lost a fair amount; dropping from $361 to $58.
9 DASH (86%)
Another coin you may not consider to have lost substantial value if you don't follow the market closely, it has actually lost a good portion of it's value going from $1,494 to $203.
10 TETHER (6%)
While not a change like the other coins here, for a token that is supposed to always be at 1$ it actually hit $1.06 at one point; which was a 6% increase.
Well, I hope you found this list interesting, however it's also a testament to the importance of trading carefully and never investing more then you can afford to lose. Trade Safe!
Posted from my blog with SteemPress : http://t4ch.top/10-big-coins-that-have-lost-a-major-portion-of-their-value/
This post has received a 3.13 % upvote from @drotto thanks to: @nathan047.
You just planted 0.13 tree(s)!
Thanks to @nathan047
We have planted already 3756.04 trees
out of 1,000,000
Let's save and restore Abongphen Highland Forest
in Cameroonian village Kedjom-Keku!
Plant trees with @treeplanter and get paid for it!
My Steem Power = 35541.93
Thanks a lot!
@martin.mikes coordinator of @kedjom-keku