Top 10 best cryptocurrencies by market cap in Q1 2020
Top 10 best cryptocurrencies by market cap in Q1 2020

Top 10 best cryptocurrencies by market cap in Q1 2020

By Alfredo de Candia - 29 Apr 2020

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CoinMarketCap, a reference website that every aficionado in the crypto world checks at least once a day, has compiled an unusual ranking: the top 10 cryptocurrencies by market cap, not in absolute terms, but in terms of earnings. The ranking refers to Q1 in 2020, i.e. the first quarter of the current year. 

According to Coinmarketcap, the 10th position is occupied by INO Coin (INO) which is active in the fundraising sector and has already reached the 2-year milestone. In recent months, INO Coin has achieved +11.06% market capitalization. With a few percentage points more, precisely 11.85%, there is Nem (XEM) which will finally change its name and logo in the coming months.

Eighth position for Tezos (XTZ) with an increase in its market cap of +19.71%, more than enough to enter the top 10 of CoinMarketCap. In this ranking XTZ is unable to exceed Chainlink (LINK), which ranks seventh, reaching a +25.67% thanks to the price that reached its historic high of just under $5 in March this year.

In the middle of the ranking, there is Leo (LEO) with +27,38%, and just above that, there is Zcash (ZEC) at +27,94% which benefits from the latest positive news like the development fee and the Binance futures.

Fourth place for the Dash (DASH) cryptocurrency which registers an increase of +58.47% in market cap. This is an increase that has certainly been sustained by the numerous partnerships concluded in recent months in addition to the 10 thousand crypto ATMs in Mexico.

Here is the podium. In third place, there is (CRO) with +61.34%, even if its price is only $0.05, which is not enough to undermine the second position occupied by Bitcoin SV (BSV) with +72.90%. BSV has just had its first halving in April and at the beginning of the year saw its all-time high price reach over $441.

The winner of this ranking is not Bitcoin (BTC) as one might expect, but it’s the crypto from OKEx (OKB) that marked a 3-digit percentage increase, up 147.25%, reaching its price peak at $7.5 in February this year. OKB has also ranked first on another platform that takes into consideration social engagement.


Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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