The controversial nature of May gave way to a bearish dominance in June - at least for the top 10 coins by market capitalization. Only one representative of this list grew in the last month of the second quarter of 2020. However, for coins that are not in the top 10, the situation is not so critical: some of them also depreciated, but many have risen significantly.
In June, the Bitcoin exchange rate briefly exceeded the psychological mark of $ 10,000. The first red dot appeared on the Stock-to-Flow chart, signaling potential growth. However, crypto users have witnessed one of the largest drops in the complexity of mining BTC, followed by the most significant jump in two years.
The effectiveness of the top 10 coins in June 2020
In the top 10 coins by market capitalization, only one cryptocurrency (not counting the stable USDT token) has risen in price over the past month. The sole leader is Cardano (ADA) with a two-digit jump in the rate of more than 16%.
At the end of May, the founder and CEO of Cardano IOHK, Charles Hoskinson, announced the steps for updating the Shelley platform, which lasted throughout June. This had a positive effect on the price of the coin.
On the other hand, the remaining eight coins depreciated in the range of 2% to 20%. Bitcoin SV (BSV) has fallen the most - almost 21%, while XRP is in second place from below (-13%). The third place is shared by BINANCE Coin (BNB) and EOS, whose prices fell by more than 11%.
The largest coins by market capitalization, Bitcoin and Ether, this time turned out to be one of the most stable (-3.9% and -2.12%, respectively).
The 10 most profitable crypto assets of June among the top 50 coins
The top 50 largest coins found ten green assets. At the top of the June list is Synthetix (SNX), which has risen in price by more than 153%. The recently released Сompound token (COMP) is in second place with a gain of 146%.
Just a few days after the advent of the decentralized lending and savings platform, Compound has already positioned its asset as the most valuable token in the field of decentralized financing (DeFi). A few days later, the coin rate plummeted, but according to DeFi's market capitalization, it still ranks first in this sector.
Aave (LEND) and Celsius Network (CEL) are two more coins that have risen more than 100% in price over the past month.
Basic Attention Token (BAT) closes the top ten leaders with a moderate growth rate of 17%.
The 10 most unprofitable crypto assets of June among the top 50 coins
Compiling a red list in June was also not difficult. THETA Token (THETA) is in first place with a fall of almost 26%. Ethereum Classic (ETC) and Bitcoin SV (BSV) follow the “leader” thanks to more than 20 percent correction in their markets.
LTC closes this rating (less than 10% reduction), while the remaining representatives of the list depreciated in the range between 11% and 18%.
Profitable / unprofitable assets of June from the top 100/200
Among the 100 largest assets by market capitalization, Swissborg (CHSB) became the most efficient in June, which rose by 272%. Elrond Network (ERD) and Thorchain (RUNE) form the top three due to jumps in the rate of 180% -190%.
The Electroneum (ETN) asset depreciated more than others - by 26%, followed by the already mentioned Theta Token and Matic Network (MATIC) with a correction of 22%.
In the top 200, Breezecoin (BRZE) and Plair (PLA) stand out especially, which have risen in price by about 9500%. Further, with a decent lag follows the Haven Protocol (XHV) with a gain of 383%.
Meanwhile, the Poseidon Network (QQQ) coin lost almost 60% of its value in just a month. Unibright (UBT) and Folgory Coin (FLG) are behind the top 200 red list leader - their rates have fallen by about 44%.
