Crypto YTD Performance (BTC, ETH, XRP, Steem & SBD)

in #steem • 6 years ago

Introduction
In this post, I wanted to present two graphs. The first graph shows the total market capitalization of the 3 largest cryptocurrencies compared to Steem & SBD (demonstrating the growth potential and the relatively small market share of Steem & SBD). The second graph shows the year to date performance of each of the 5 cryptocurrencies (current market cap / market cap as of January 1). As demonstrated by the second graph, none of the currencies are above their January 1 level, but Ripple has significantly under performed compared to the rest of the group. Also note that Steem and SBD have been narrowly outperforming BTC while ETH seems to be the star performer. This will be another recurring article that tracks the performance of the aforementioned cryptocurrencies.

Market Capitialization

YTD Performance

References
https://coinmarketcap.com/currencies/bitcoin/historical-data/
https://coinmarketcap.com/currencies/ethereum/historical-data/
https://coinmarketcap.com/currencies/ripple/historical-data/
https://coinmarketcap.com/currencies/steem/historical-data/
https://coinmarketcap.com/currencies/steem-dollars/historical-data/

#sbd #bitcoin #cryptocurrency #money
6 years ago in #steem by
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     6 years ago 
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     6 years ago 
    $4.08
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     6 years ago 

    Great post

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     6 years ago 

    Thanks!

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     6 years ago 

    Great post!

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       6 years ago 

      Thanks!

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       6 years ago 

      Coins mentioned in post:

      CoinPrice (USD)📉 24h📉 7d
      BTCBitcoin7044.590$0.08%-18.81%
      ETHEthereum398.673$-1.95%-24.19%
      SBDSteem Dollars1.560$-2.78%-22.65%
      STEEMSteem1.533$-3.47%-23.39%
      XRPRipple0.515$-1.39%-19.99%
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         6 years ago 

        Thanks!

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         6 years ago 

        Amazing charts there @alhofmeister.

        Ripple has significantly under performed compared to the rest of the group.

        Ripple has never been decentralised so I've never consider it to be a good coin afterall.

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           6 years ago 

          Thanks!

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           6 years ago 

          Congratulations! This post has been upvoted from the communal account, @minnowsupport, by spiritwulfe from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

          If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
          Be sure to leave at least 50SP undelegated on your account.

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             6 years ago 

            Thanks!

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            Coin Marketplace

            STEEM 0.30
            TRX 0.12
            JST 0.033
            BTC 63745.68
            ETH 3137.71
            USDT 1.00
            SBD 3.86