Hi all, this is just about a recap of last month's crypto performance in the crypto market.
May was supposed to pump up the market as expected but the opposite happens when the bears took charge and keep on hanging on the dip.
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The following are a good picks for the best performers and worst on last month's;
Top Performers:
The BYTECOIN/BCN made 19% in May from $0.0055 to $0.0065 in satoshi levels this privacy focused coin did very well climbing 53% from 58 to 89 satoshis, from rank 25 it settled at the 20th spot with a market cap of just over $1.2 billion.
The Zilliqa/Zil climbed 36% from 1100 satoshis to 1500 satoshis, its market cap at the end of May was $830 million. Zil gained 10% from $0.010 to $0.011 and at the top 30.
The Decred/DCR made solid gains against BTC also rising 35% from around 920000 satoshis to 1220000 for over a month. Decred is ranked at 29th spot with a market cap of $660 million. DCR gained 12% in May by $80 to $90.
And the Worst:
***ETHEREUM lost around 16% from a trading level of $670 at the beginning of MAY to $560 at the end of it. This had the result of knocking $11 billion off its market cap as all cryptos fell in unison.
***XRP drops at 27% from $0.82 to $0.60.
***BCH trading at around $1,300 ended at 25% down to around $980.
***EOS trading at $17, EOS had fallen to around $12 by month end, however it only lost 16% falling to 162000 satoshis against BITCOIN at the end of May and sheds almost 30%.
***LITECOIN follows, the world’s 6th most popular digital coin plummet from around $145 to $117. The 20% loss is in line with the general fall in crypto markets.
***CARDANO sheds 38% from $0.34 to $0.21. ADA is more volatile than most altcoins as it climbs quicker but falls harder, against BTC, lost 23% ends at 2860 satoshis.
***STELLAR LUMENS drops 36% from $0.42 to $0.27.
XLM fell 18% to 3760 satoshis against BTC.
*** Iota lost 17% in sliding from $1.9 to $1.57 over a month. however, it remained stable at around the 21000 satoshi level, making it one of the few coins that did not lose out to BTC.
***Tron lost over 30% falls around $0.090 to $0.062. In satoshi terms the loss was around half at 15% from 1000 sats to 845 sats over the month.
*** Neo, falling from $80 to $51 over the month. The dollar loss equates to around 36%, the Bitcoin loss was around 22% with Neo ending the month at around 700000 satoshis.
***Monero battered by losing 34% from $235 to $155 in May.
***Dash fell by the same percentage ending the month just over $300.
*** Nem got beat up along with the rest falling 38% from $0.39 to $0.24.
***VeChain lost 23% ending the month at around $3.40 and Binance Coin just below it shed around 10%.
***Ethereum Classic dropped 28%.
***Qtum got battered 40% falling from $22 to $13.
***OmiseGO lost 37%.
*** Icon down 34%.
*** Zcash losing 11%.
*** Lisk down 32%. and rounding out the top 25, Ontology losing 21%.
COINMARKETCAP.COM
GAINERS AND LOSERS
NEWSBTC
TRADINGVIEW
The crypto market capitalization has fallen from $418 billion on the 1st to $328 billion on the 31st. This equates to a loss of 21.5% as 90 billion dollars flooded out of crypto and back into fiat. Since the peak in January, crypto markets had lost 60% by the end of May, around $500 billion. For the past 3 months they have been oscillating between $270 and $470 billion, unable to break out in either direction.
Bitcoin has led the markets down falling from $9,200 at the beginning of the month to around $7,500 at the end of it. This represents a fall of 18.5% which is slightly less than that for all cryptos indicating that altcoins have had a worse time in May. Bitcoin trade volume has also fallen from around $8.5 billion to $4.5 billion, this has knocked its market cap down by 18% to $128 billion. Bitcoin’s market dominance increased marginally in May from 37.7% to 39%.
The overall losses of last month's were not as bad as the previous though cryptocurrencies fell off but still there's a handful that performs well, but the gains by April was deminished as the market go bearish.
and the winner...BYTECOIN!
