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Being a crypto enthusiast, it is indeed to gather knowledge about the performance of various cryptocurrencies. In 2020, from January to June, there have been top cryptocurrencies who have performed well. However, it came with mixed results. According to market capitalization, in the month duration, the stronger coin fared better with 181.8%, whereas, the weaker managed to bite the dust at 62.9%. If you have the conception that Bitcoin, as usual, will top the list, then sorry to inform you, that this time, it didn’t. The latter cryptocurrency somehow made a good comeback, after its fall in March. However, it could not make it to the starting list of top cryptocurrencies from January to June. Now, it becomes interesting to know which are those cryptocurrencies that made it to the top list.
Top Cryptocurrencies Who Performed Better In 2020
Well, if you regularly follow Cardano news today, then it will seem surprising for you to know that Cardano with the growth of 181.8% has bagged the top position among the list of best-performing cryptocurrencies in 2020 from January to June. Coming on to the next best performer in the list of top cryptocurrency after Cardano is Chainlink. Some investors had a notion about this digital coin in delusion due to FOMO (Fear Of Missing Out). $4.57 was supposed to be the price of Chainlink on 1st July.
Both Chainlink and Cardano are known to have successfully achieved triple-digit gains and got listed among the top cryptocurrencies. Moving on to another best-performing cryptocurrency in 2020 is Tezos. This altcoin stood third in the list with a 77.7% return. In the second quarter, Tezos became the only altcoin that didn’t face waning investor interest.
With the listing of altcoins like Cardano, Chainlink, Tezos, one cannot expect Ethereum to be left behind or opt-out from the list of top cryptocurrencies that performed well in 2020. Yes, it is true. Ethereum too is listed in the top brigade with a boost of 72.8%, from the beginning of the year. Very surprising is to see the Bitcoin, the dominating cryptocurrency, who is mostly at top of its rival altcoins, failed to make it to the top position this time. However, its hard fork Bitcoin SV managed to get it into the list of top cryptocurrencies by rising to 61.6%.
Bitcoin is not the only cryptocurrency who failed to make it to the top position, XRP, the cryptocurrency of Ripple too shared the same fate as of Bitcoin in failing to reach among the best performing cryptocurrencies. Rather, it became the worst-performing cryptocurrency in 2019.
Conclusion
So these are some of the top cryptocurrencies that became the best-performing crypto assets in 2020. This is the rarest result showing altcoins like Cardano, Tezos, Chainlink, Ethereum made it to the top position, whereas Bitcoin bites the dust by falling below to them. Competition is always uncertain, where unexpected results do happen sometimes. Now, the question arises whether altcoins like Chainlink, Cardano, and Tezos will remain consistent with their top positions or not? To know this, be abreast of the latest cryptocurrency news, where you will get to know new updates related to the performance of all cryptocurrencies in the coming time.
