Dear Readers,
As we are entering into the last days of 2022, we have weathered a lot during this year with the entire crypto markets bleeds a lot!
According to the coinmarketcap website, as of today, the global crypto market cap stands at $ 810.67 billion, which is a decrease of 0.13% compared to yesterday.
Given under is a simple calculation to understand the profit/ loss percentage of the top 20 crypto coins if we purchase them on 1 January 2022. This is serialized according to the marketcap value listed in the coinmarketcap.com website.
Crypto Coins
Purchase
Price
Current Price
Price
Profit/Loss Percentage 1 Bitcoin BTC 1000 403.13 -59.69 2 Ethereum ETH 1000 366.73 -63.33 3 Tether USDT 1000 1111.81 11.18 4 USD Coin USDC 1000 1109.22 10.92 5 BNB BNB 1000 529.4 -47.06 6 XRP XRP 1000 470.52 -52.95 7 Binance USD BUSD 1000 1110.14 11.01 8 DogeCoin DOGE 1000 502.86 -49.71 9 Cardano ADA 1000 218.59 -78.14 10 Polygon MATIC 1000 349.68 -65.03 11 Dai DAI 1000 1109.99 11 12 Polkadot POL 1000 184.87 -81.51 13 TRON TRX 1000 801.9 -19.81 14 Litecoin LTC 1000 497.45 -50.26 15 Shiba Inu SHIB 1000 276.03 -72.4 16 SOLANA SOL 1000 74.43 -92.56 17 Uniswap UNI 1000 338.96 -66.1 18 Avalanche AVAX 1000 118.01 -88.2 19 UNUS SHED LEO LEO 1000 1079.47 7.95 20 Wrapped Bitcoin WBTC 1000 402.71 -59.73
We understand from the above table that apart from the stable coins, every major coin tumbled a lot. SOLANA being the worst with -92.56% in the loss.
See you again with the next article!
Wishes for a Merry Christmas Friends!!
