The first quarter 2022 is over. However, certain digital currency markets saw a lot of activity in the past three months. Among the top ten digital currencies, terra, (LUNA), saw the greatest gains. It rose more than 43% against the U.S. Dollar in Q1. Unus sed Leo (LEO), which has risen 58% in value over the past three months, was the most popular crypto asset.
Q1 2022: Terra and Unus Sed Leo, Ethereum Class Gain Big — Solana and Algorand, Uniswap Shed Deep Lostses
The year 2021 was a remarkable year for crypto assets, as many digital currencies reached all-time highs. The first quarter of 2022 is a completely different story. Many crypto markets are doing well or struggling, as shown by the graph below.
Here’s a look at top ten crypto assets based on market valuation in the first quarter 2022. Also, a look at top 30 crypto assets. Although bitcoin ( BTC is the most popular crypto asset by market capitalization, its gains in the last 90 days have been only 4.30%.
Terra (LUNA), was the Q1 champ with 43.83% in the first three months. The market capitalization of ethereum ( ETH) is second. Its value was 2.75% lower than the USD at the end Q1. Solana (SOL) was the biggest loser of all the top ten tokens, losing 18.64% in the past three months.
Cardano ( ADA has been gaining in value in recent years, but ADA suffered 12.85% loss in Q1. Unus sed Leo (LEO) was the largest gainer of all the top 30 crypto assets. It gained 58.37% in Q1.
Below LUNA’s performance in the top 30 standings was ethereum classic ( ETC) 31.33% gain during Q1. Algorand (ALGO) was the biggest loser of the top 30 positions. It has lost 48.51% in three months against the USD. Uniswap, which saw its decentralized exchange token (dex), lose 37.69% in Q1, was another notable loser.
