Biggest Winners & Losers in The Crypto Market January 2018
The below details the 5 coins that made the largest gains in January 2018 as well as the 5 that lost the largest amounts. We also take a look and some of the predictions that other contributors on steemit have made. If you have written an article on any of these coins and would like it added to this piece please follow me and add a comment at the bottom with the relevant link.
The coins compared are only those that were in the top 100 coins by market cap as per coinmarketcap.com as of the 31st January 2018. Comparisons are made using price to $ USD. Figures are accurate as of approx. 3 hours ago
Biggest winners
- Pillar Coin (PLR) + 366%
A big month for Pillar saw it begin at $0.33, peak at $1.81 and finish the month at $1.56
alex13 wrote the following article not long after the ICO closed last summer
https://steemit.com/pillar/@alex13/next-potential-huge-price-growth-token-pillar-plr
haejin added the following late last year
- Walton (WTC) , +317%
Gdgr wrote this piece a few months ago exalting the virtues of the project
https://steemit.com/wtc/@gdgr/walton-coin-usdwtc-why-it-s-a-steal-right-now
- Vechain (VEN), +271%
Neo12 found 8 reasons why this coin was destined for success
https://steemit.com/iot/@neo12/top-eight-reason-s-i-m-buying-vechain-ven-vet
- Cindicator (CND) +229%
Big partnership in the offing?
https://steemit.com/cryptocurrency/@adamo26/did-cindicator-just-leak-a-partnership-with-facebook
- GAS (GAS) + 210%
Another piece of statistical analysis by haejin picked this coin to produce big profits
https://steemit.com/bitcoin/@haejin/gas-is-ready-to-power-a-233-profit-target-0-008724-btc
Biggest Losers
- Verge (XVD) -50%
A disappointing month but are there better times ahead?
https://steemit.com/bitcoin/@haejin/verge-xvg-new-all-time-highs-dead-ahead
- MonaCoin (MONA) -31%
Something of a correction in the price this month. The coin still has many virtues as demonstrated here
https://steemit.com/cryptocurrency/@razzlero/why-i-m-invested-in-monacoin
- Bitcoin (BTC) -29%
It's been a bit of rollercoaster last couple of months with Bitcoin. There is plenty of speculation of how low the price might go and indeed how high it could rally back to.
- TenX (PAY) -23%
Has TenX seen it's best days?
- Ripple (XRP) -22%
Bosted off the back of rumours it was about to be listed on coinable the price shot up and has since correct. A controversial coin but still number 3 in terms of overall market cap
I hope this article has been of interest and can point you towards some of the excellent contributors to the crypto coin community - I know I have found a few new names just by researching the article.
Please note that I have no association with anyone of the people who I have linked an article to above. I would always recommend you do your own research before investing in any coin regardless of who tips it for success.
The figures above were derived from coinmarketcap.com and cryptonator.com
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STOPInteresting article. It would be better if other parameters taken, such as: market capitalization, circulating supply, new markets, new wallets, updates and future plans. For extremely volatile market like cryptocurrency market is; this monthly observation is important as daily weather forecast in tropical areas during rainy season.