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

in #steem6 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/

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Very nice

Thanks!

Thank you so much for sharing@alhofmeister

No problem.

this information is best

Thanks!

a very important graph in the know
information that is very important for steemit players.
@alhofmeister

Thanks!

hopefully more more information that can be shared especially sbd and steemit friend.
@alhofmeister

Absolutely.

For future viewers: price of bitcoin at the moment of posting is 7865.60USD

Bitconnect!

Not at all!
Have you read AND understood the article? Is Dash = Bitconnect?
:-D

It looks like it's promising 365% annualized interest when you invest which seems like a similar scheme as Bitconnect or a variety of other lending coins.

Yeah I understand. But it's like all coin with Masternodes, the ROI is huge at the begining and then decrease

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