800% of revenue for 3.5 months. The 9 most profitable cryptocurrencies in crisis

By Kluma | InterestingCrypto | 3 Jul 2020

As countries’s GDP fell and large companies filed for bankruptcy, some altcoins showed extremely high returns. For example, the cost of the Kyber Network token over the past three months has grown by almost 4 times. And this is not the most vivid example

Over the past 3.5 months, the cryptocurrency market capitalization has doubled: in mid-March it amounted to $ 126 billion, now the total value of all digital money exceeds $ 263 billion. However, some coins from the top 50 Coinmarketcap showed significantly higher returns.

On March 13, 2020, the Bitcoin exchange rate fell to a local minimum of $ 3,800, now it is $ 9,240. Having invested $ 100 in cryptocurrency then, now you could increase your balance to $ 243. However, in the past two months the asset has been trading in flat, and many traders and experts suggest that in the near future the rate may drop sharply.

3.5 months ago, the price of Ethereum dropped to $ 110. Now Vitalik Buterin's cryptocurrency is trading at $ 230. Invested in ETH in mid-March, $ 100 would now turn into $ 209. If you bought $ 100 XRP at the same time, you would now receive $ 134. The lowest Ripple altcoin exchange rate in the past year was $ 0.132. Now the token is trading at around $ 0.177. In mid-March 2020, Litecoin sold for $ 25.57. At the beginning of July 2020, the price of the coin is about $ 41.66. Investing $ 100 would bring $ 63 of profit and increase the deposit to $ 163.

However, among the largest coins by capitalization, there were much more promising options. For example, during the March market crash, the price of the Crypto.com Coin (CRO) token was $ 0.026. To date, it has reached $ 0.125. That is, if you bought CRO at $ 100 then, you would increase the deposit to $ 481.

On March 13, 2020, the price of the Kyber Network token dropped to $ 0.31, now it exceeds $ 1.51. Those who managed to acquire altcoin on time received a profit of 387%, in other words, turned $ 100 into $ 487. Another coin, which has risen sharply in price in recent months, continues to update historical highs. It's about Chainlink, the rate of which fell to $ 1.51, now it has reached $ 4.89. It could earn about 223%, or turn $ 100 into $ 323.

Synthetix Network Token showed much higher returns. 3.5 months ago, its rate was about $ 0.30. In July 2020, it exceeded $ 2.32. Altcoin went up by 673%. This means that you could earn $ 673 by investing $ 100 in a coin on time.

The most profitable token was Aave. In mid-March 2020, it was trading at $ 0.016. Now it can be sold at an average market rate of $ 0.148. The yield is 825%. This means that invested $ 100 in a coin for 3.5 months could be turned into $ 925.

How do you rate this article?



about any interesting for me crypto projects

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.