Crypto Coins: Top 5 Winners!

 

After the first bearish quarter for the crypto market since Q3 of 2016, the second quarter of 2018 has started with a much-awaited rebound.
Here are the lists of best and worst performing crypto coins among top 50 coins by market capitalization this year.

 

Bytom (BTM)
Bytom was launched via an Initial Coin Offering (ICO) that began and ended on the 20th of July, 2017, capturing over USD 2.28 million in token sales.
Bytom is a fully-fledged blockchain protocol designed to synergize artificial intelligence with blockchain technology. The goal of the project is to create what is called “heterogeneous by-assets that can operate forms on their own blockchain within the wider Bytom network”.

Ontology (ONT)
Ontology, a blockchain distributed ledger network, launched on November 27, 2017, by a Chinese company, OnChain. The Ontology platform employs a dual token (ONT and ONG) model. Ontology is one of the newest cryptocurrencies to be introduced into the market and it has been doing well in 2018, with the price getting to as high as USD 4.18. The advantage Ontology has over others is that it is listed on Binance, the world’s largest altcoin exchange.

Loopring (LRC)
Loopring is a decentralized and open protocol. It is not an exchange, but it is a code that links together exchanges and allows trading between them, managed by smart contracts, which is what makes them unique. It launched its ICO in August 2017, capturing USD 45 million over a two-week period. The Loopring ecosystem consists of different elements that work together in order to deliver full exchange functionality.

RChain (RHOC)
RChain wants to become a blockchain solution with industrial-scale utility. In order to do this, “RChain must provide content delivery at the scale of Facebook and support transactions at the speed of Visa”, according to the website of the project.
RChain architecture was documented in July of 2016.

VeChain (VEN)
VeChain is a blockchain service company poised with a mission to build a trust-free and distributed business ecosystem in order to enable transparent information flow, efficient collaboration, and high-speed value transferring. It was founded in November 2015.


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Author: Priyeshu Garg
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