by Gunay Caymaz
Investing.com - As 2022 draws to a close, one consistent theme has been cryptocurrency markets tumbling under selling pressure.
With bear market Under prevailing conditions, we rank the biggest gainers and losers among the top 100 cryptocurrency assets, ranked by capitalization. Yield numbers are as of December 27.
Crypto Winners: Only Two Cryptocurrencies Among The Top 100 Increased In Value In 2022
in the stream top 100 cryptocurrency listthere are two cryptocurrencies that came out ahead in 2022.
Trusted Wallet Token (TWT)
TWT, the native asset of Trust, the external wallet acquired by Binance, emerged as an altcoin that weathered the bear market this year. TWT has increased in value by 90% since the beginning of the year.
Trading at $1.347 on December 27, TWT started the year at $0.7084. TWT, which currently has a market capitalization of $561.75 million, is ranked 62nd. Its rise is certainly a sign of the increasingly central role that Binance and its CEO and co-founder CZ (Changpeng Zhao) are playing in the ecosystem. cryptographic.
GMX
GMX has increased its value by 108% since the beginning of the year. Trading at $44.8 on Tuesday, GMX is currently ranked 75th with a market capitalization of $375.59 million. GMX is used as the local asset of a decentralized exchange that supports spot and futures trading with low trading fees. The altcoin was listed on several centralized exchanges in October, increasing its trading volume and ranking in the top 100 largest cryptocurrencies.
Cryptocurrencies with the highest losses in 2022
The 10 cryptocurrencies that lost the most this year are listed below:
Terra Classic (LUNC): -100% Helium (HNT): -95% Solana (SOL): -93% Convex Finance (CVX): -92.8% Axie Infinity (AXS): -92.5% Sandbox (SAND) ): -92.4% Fantom (FTM): -92% Filecoin (FIL): -91% Flow (FLOW): -91% Token Curve DAO (CRV): -91%
How are the top 10 cryptocurrencies doing?
Entering the last week of 2022, the cryptocurrency in the current top 10 by capitalization that lost the most value this year was Cardano (ADA), which lost 80%.
BNB was the crypto asset that fell the least, down 53% over the course of the year. While Ethereum has lost 67% of its value since the beginning of the year, Bitcoin is down 63.5%. Among other cryptocurrencies in the top 10, XRP lost 55%, DOGE lost 55%, and MATIC lost 68%.
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