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New! Bitcoin Price Prediction: $3,600 BTC Price Is a Very Likely Scenario. When to Invest in Bitcoin (BTC)?
New! Bitcoin Price Prediction: $3,600 BTC Price Is a Very Likely Scenario. When to Invest in Bitcoin (BTC)?

Top 10 Most Profitable Cryptocurrencies of All Times

  • Alex Morris
    📊‍ Infographics

    💣Did you invest in a cryptocurrency project from the get-go?✅ Find out how much you earned or lost after the initial investment

Top 10 Most Profitable Cryptocurrencies of All Times
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Contents

DataLight has compiled the list of top 10 most profitable cryptocurrencies of all times. Bitcoin, which topped the list with a mammoth-sized lead, would have given you a 1.3 mln percent return on your investment (ROI) if you were among the earliest adopters.

👉MUST READ Zcash (ZEC), Litecoin (LTC), and Dash (DASH) Had Biggest One-Year Increase in Circulating Supply

From rags to riches  

Bitcoin, the very first cryptocurrency, was listed on an exchange for the first time in June 2010 at the price of $0.30. At the time of writing this article, BTC’s price is comfortably sitting at $3,946.09 while struggling to surpass the psychologically important mark of $4,000.

Ethereum’s (ETH) price increased 68,205 percent (from $0.2 to $136.61 since its very first listing that took place in August 2014). Dash (DASH) comes in third place with a 39,509.52 percent increase.

Coins that failed investors  

Binance Coin (BNB), NEM (XEM), and XRP (XRP) are also among the top 10 most profitable coins.

Meanwhile, Zcash (ZEC), Bitcoin Gold (BTG) and Bitcoin Cash (BCH) are the currencies with the biggest loss. ZEC started trading at $4,293 in 2016 while currently trading at $50.82, which gives us a 98.82 percent drop. However, the coin did increase its CMC position as its supply started growing.

There are ten currencies in the top 30 that decreased in value after their initial listing.

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Number of Active Bitcoin Addresses Continues to Grow While BTC Price Remains in Limbo

  • Alex Morris
    📊‍ Infographics

    💪💥There is a divergence between new addresses and the BTC price, but it doesn’t mean that another bull run is coming anytime soon

Number of Active Bitcoin Addresses Continues to Grow While BTC Price Remains in Limbo
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There has been a common belief that the number of active Bitcoin addresses and the asset’s price are somehow correlated. However, it turned out not to be the case after the latter continued to stagnate despite the Bitcoin user base growing significantly over the last eight weeks.

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Little impact on price

While the number of Bitcoin addresses increased by 17 percent since Jan. 20 till March 17, the Bitcoin price only experienced minuscule growth of 1 percent over the same period of time. The fact that there is a divergence between the number of addresses and the Bitcoin price doesn’t necessarily mean that another bull run is in the offing. In fact, there was steady growth in active addresses during the prolonging bear market (since 2014 till 2016), and it didn’t impact the price.

👉MUST READ Here’s How Much Bitcoin North Korea Amassed After Hacking Asian Cryptocurrency Exchanges

The TAAR metric  

Transaction volume is a more reliable metric when it comes to determining the tops and bottoms of the Bitcoin market. However, in order to get the most precise correlation, one has to factor both average trading volumes and the number of active users (the TAAR metric). The TAAR tends to be a fairly accurate indicator of an upcoming bullish/bearish trend. 

The TAAR metric  

 

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