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Coin Race: Top Winners/Losers of January; Winners Aplenty

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The crypto market as of late has been enjoying a spring in the middle of winter. The second part of the first month of 2020 has brought a number of small and large rallies to a variety of coins, with the world’s number one crypto, bitcoin (BTC), surpassing the USD 9,000 mark yet again. How long a spring will last in the Cryptoverse is not something often predicted with any accuracy, but for now, we’re seeing its results in the overall green color of the market. Though we can’t rule out that, in March, we’ll discuss how bloody February turned out to be, for now, let’s enjoy the fruits of this spring while they last.

Source: iStock/sportpoint

Top 10 coins

Source: Coincodex, February 1, 08:48 UTC)

January was more than kind to the top 10 coins by market capitalization. While only a single coin, tezos (XTZ) was in the positive in December, January saw a major change, with all its coins following tezos’ example. Winner on this list this time around is bitcoin SV (BSV), the price of which appreciated a whopping 191.62% amidst pump & dump accusations. The distant second is bitcoin cash (BCH), with a rise of more than 85% in a month, followed by litecoin (LTC) with 71.48%. Though BTC went up c. 30%, it’s among those who appreciated the least. The only coin below it is XRP with 24.94%, while as the third in line stands binance coin (BNB) with a rise of 33.64%.

Top 10 Winners

Source: Coincodex, February 1, 08:48 UTC)

Though many coins have appreciated this time among the top 50, there are always those who have appreciated the most. Among the ten winners, it’s BSV that’s leading the pack. BCH is now in the 9th place, with IOTA (MIOTA) following it closely on the 10th spot, while all other coins appreciated more than 100%. Dash (DASH) sits in the 2nd place, having gone up 180.40%, while ethereum classic (ETC), with a rise of 152.28%, took the 3rd spot.

Top 10 losers

Source: Coincodex, February 1, 08:48 UTC)

While it was impossible to have a list of 10 green coins for December, seeing the month close with only 8 winners, now there aren’t 10 red coins for January. There are none!

Winners & Losers from Top 100/200

Focusing now on the top 100 coins, we find the situation similar to the top 50 coins, with large majority of the same coins standing at the top and BSV leading them. The only difference is that ETC is pushed a spot down by zcoin (XZC), which appreciated 166.35%. The least to rise are cosmos (ATOM) with 2.55%, and synthetix (SNX) with 0.32% rise in the month of January. We finally find some red coins here: seele (SEELE) dropped 41.77%, followed by ABBC coin (ABBC) with – 30%, as well as molecular future (MOF) with -24.67% and centrality (CENNZ) with -18.24%.

Upon expanding the list to include the top 200 coins, the situation at the top changes only slightly. Now bosagora (BOA) sits in the 7th place with a rise of 142.14%, while swissborg (CHSB) is on the 9th spot with 131.09%. However, we find more red coins on this list, with latoken (LA) dropping the most (26.56%), followed by MOF, and then educare (EKT), which fell 21.70%. The remaining red coins dropped less than 20%.