The second quarter of 2019 is coming to an end and for those who invested in cryptocurrencies this year, market prices are a whole lot higher than they were a year prior. Since the significant lows in December 2018, most digital currencies have captured remarkable gains.
Digital Assets Post 350-550% Gains
Throughout 2018, many crypto advocates and traders referred to the year as the ‘crypto winter’ after prices fell from their all-time highs to crucial lows. That entire year showed a bearish decline and there were a ton of bull traps along the way. However, in 2019 the story has changed entirely as a great majority of digital currencies have gained considerable value throughout the last two quarters.
Binance coin (BNB) has gained +521% year-to-date.
In fact, a bunch of coins, some of which are relatively unknown, have gained between 350-550% during the last six months. Binance coin (BNB) is the top contender this year after it gained 521% throughout Q1 and Q2. This is followed by chainlink (LINK 510%), ravencoin (RVN 379%), Ignis (IGNIS 357%) and litecoin (LTC 345%). However, even with these pronounced gains, litecoin, for example, is still down 64% from its all-time high (ATH).
Litecoin (LTC) has gained 345% year-to-date.
Bitcoin Cash the Year’s 24th Biggest Gainer Gathers 158%
Other notable coins that took the lead this year as far as gains are concerned include holo (HOT), everex (EVX), monacoin (MONA), enjin (ENJ), ripio (RCN), and zcoin (XZC). All of the aforementioned cryptos have gained 169-282% this year alone.