Post
Topic
Board Altcoin Discussion
Re: This is how altcoins performed in 2022
by
Yatsan
on 24/12/2022, 15:17:39 UTC
Name   Percent Change since Jan. 1st 2022
CryptoCurrency Moons   -36%
Monero   -43%
Binance Coin   -53%
Dogecoin   -56%
Litecoin   -57%
XRP   -59%
Bitcoin   -65%
Ethereum   -68%
Polygon   -68%
ChainLink   -69%
Cosmos   -72%
Shiba Inu   -75%
Vechain   -81%
Cardano   -81%
Polkadot   -83%
Hedera   -85%
Cronos   -89%
Algorand   -90%
Solana   -93%

So most of the leading coins are in red mark only. Hope next year will be better.

If you'd break down each month, you'd definitely see more which would show how volatile the market is  From reaching its highest market price to deep market prices at the present. The market prices increased in a short period of time as well as with its downfall and we just cannot avoid such thing especially if the market price of something, perhaps cryptocurrency in this case, is solely dependent with the market demand. Many things could affect the interest of investors which would reflect to the market value. Given how many things happened in this industry for this year, it somehow answers why in a sudden the market prices are struggling at a certain point and no signs of recovery still, is obvious.