9 Top Cryptocurrencies by Year-to-Date Performance
What are the best-performing cryptocurrencies so far this year?
The cryptocurrency market has been on a roller coaster ride in 2018, with prices fluctuating wildly. However, some coins have managed to weather the storm and post impressive gains. Here are the top nine cryptocurrencies by year-to-date performance:
- Bitcoin (BTC): Up 60%
- Ethereum (ETH): Up 110%
- Ripple (XRP): Up 150%
- Litecoin (LTC): Up 70%
- EOS: Up 120%
- TRON (TRX): Up 180%
- Binance Coin (BNB): Up 250%
- Tezos (XTZ): Up 130%
- VeChain (VET): Up 90%
What's driving these gains?
There are a number of factors that have contributed to the strong performance of these cryptocurrencies. These include:
- Increased institutional investment: More and more institutional investors are starting to take cryptocurrencies seriously, which is providing a boost to prices.
- Growing adoption: Cryptocurrencies are being used for more and more purposes, from online payments to cross-border remittances. This is increasing demand for these coins.
- Technical developments: The underlying technology behind cryptocurrencies is constantly being improved, which is making them more secure and efficient.
Conclusion
The cryptocurrency market still has a long way to go, and there will likely be some more volatility in the future. However, the strong performance of these nine cryptocurrencies shows that there is still a lot of potential for growth in this market.
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