According to a study conducted by the CoinGecko, in the first quarter of 2019, the total capitalization of the market grew by 16.23%.
The says that among the first five in the first quarter of this year, the (LTC) rate increased the most, an increase of 103%. Also, a significant increase was demonstrated by the — 66%. () and ether (ETH) added 11% and 8%, respectively, while the rate of the (XRP) decreased by 11%.
In the first quarter of 2019, three new coins appeared in the top 30 — Cosmos (ATOM), Basic Attention (BAT) and Crypto.com Chain (CRO). OKEx (OKB) and (BNB) own also proved to be excellent. The latter even managed to occupy a line in the top ten largest , being on the 8th position by the end of the quarter.
The researchers also stressed that in January two coins were launched on the new confidential protocol MimbleWimble — Grin and Beam. The launch of these was highly expected in the community since their appearance marks a new level of confidentiality and scalability of the .
A no less significant topic of the first quarter of this year was the holding of initial exchange offers (IEO), which became very popular after the successful of BitTorrent (BTT) on Launchpad. Several exchanges launched their own platform analogues. At the same time, subsequent sales at Launchpad collected less money, and buyers sold immediately after the entered the market.
Author: Marko Vidrih
Images via CoinGecko
Published at Thu, 18 Apr 2019 11:13:41 +0000
