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Who Were The Top Crypto Performers As The First Quarter Comes to a Close

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...
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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.

Felipe Rodriguez

Felipe Rodriguez

Felipe states he has super powers, some argue that case but he does come up with some very clear predictions. Felipe is based in the US and frequently travels to Brazil where he was born. He is a journalist of the future and has a portfolio of crypto projects he has worked with. Felipe always says "The future doesn't scare me as much as the past, crypto is here to stay but only time will tell where it will take us".
Felipe Rodriguez

Felipe Rodriguez

Felipe states he has super powers, some argue that case but he does come up with some very clear predictions. Felipe is based in the US and frequently travels to Brazil where he was born. He is a journalist of the future and has a portfolio of crypto projects he has worked with. Felipe always says "The future doesn't scare me as much as the past, crypto is here to stay but only time will tell where it will take us".

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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