ICO Analytics recently reviewed the ten best cryptocurrencies with exponential value growth, notwithstanding they barely had their premiere listing this year.
Most of the cryptocurrencies are the native digital currency of DeFi protocols. The valuation of the DeFi market surged considerably ever since the beginning of the year.
Starting from $675M last January 1, the assets locked in the Decentralized Finance market grew to the present value of $14.02B, according to DeFi Pulse’s data. The increase in DeFi market value represented almost 2,000% growth.
Top Performing 2020 Coins
The top-performing cryptocurrency with a premiere listing is the SORA (XOR) cryptocurrency. SORA presents itself as a new economic system that decentralizes the concept of a central bank. XOR, its native cryptocurrency, had its primary market on the leading decentralized exchange (DEX), Uniswap, with a market capitalization of $42M.
XOR 133,700%
YFI 3,300%
ORN 3,200%
VELO 2,200%
STAKE 2,200%
BZRX 1,400%
JST 1,300%
KAI 1,100%
ALPHA 1,100%
ALEPH 1,100%
The XOR crypto is the top 2020 crypto for price growth, given that the value upsurged by 1,337 times ever since the listing on Uniswap. XOR currently trades at $118 on CoinGecko as of now. The token is followed by YFI, one of the leading protocols in the DeFi market. Binance is the primary market of the YFI token, which rise by 33 times since launch. The token’s market cap is around $772M.
The third-to-tenth top performing cryptos in 2020 included the Orion token (32x), Velo token (22x), Stake (22x), BZRX token (14x), Just token (13x), KardiaChain token (11x), ALPHA token (11x), and ALEPH token (11x). These cryptocurrencies have a market valuation of over $274M combined.
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