2015 Archives -
With the bear trend of early 2018 having witnessed losses not seen in the cryptocurrency markets since 2014, it can be easy to lose track of the meteoric gains produced by the leading virtual currency markets over the span of just a few years. When comparing current prices to those listed on Coinmarketcap’s historic snapshot from the 17th of May, 2015 – the peak of bitcoin’s previous winter – one can see that bitcoin has produced price gains of over 3,000%, whilst the value of the then-top four altcoins have increased by between 9,000% and roughly 13,000%.
BTC Up 3,300% in Three Years
When comparing the current price of BTC market action from three years ago, the price of a single bitcoin has inflated by approximately 3,303% – rising from about $ 237 USD to approximately $ 8,000 today.
Value of Top Four Altcoin Markets Increased by Approximately 10,000% Since 2015
Whilst the gains produce by BTC since 2015 have been stunning, the price of bitcoin had then produced a dramatic long-term capitulation after having skyrocketed in late 2013 during what arguably comprised the first BTC bull rally to generate widespread mainstream coverage of cryptocurrencies. During the 2013 bull rally, the altcoin ecosystem entirely consisted of micro-cap projects just beginning to emerge from the petri dishes of their infancy – meaning that the alternative cryptocurrency markets were primed to explode alongside bitcoin during the recent multi-year bull trend.
The second largest cryptocurrency market by capitalization in May 2015, XRP, then had a total market capitalization of just $ 208.5 million, with price action sitting at approximately $ 0.006534. In three years, the price of Ripple has realized gains of approximately 10,105% with XRP currently trading for $ 0.6667, and Ripple comprising the fourth largest market by capitalization, with over $ 26.1 billion.
LTC, the then-third largest cryptocurrency market (approximately $ 57.7 million), has produced price gains of roughly 9,000% since May 2015, with a single litecoin trading for approximately $ 1.45 nearly three years ago, and $ 132 today. LTC currently comprises the sixth largest cryptocurrency market, with a total capitalization of almost $ 7.5 billion.
Dash and Stellar Produce Price Gains of Approximately 12,000% in Three Years
On the 17th of May 2015, Dash was the fourth largest cryptocurrency by capitalization ($ 16 million), with Dash trading for just $ 3 each. In the three years since, the value of Dash has inflated by approximately 12,670%, with Dash currently trading for $ 380. Dash is now the twelfth largest market by capitalization, which is currently estimated to be over $ 3 billion.
Stellar, the then-fifth largest cryptocurrency market with approximately $ 12.5 million, now comprises the eighth largest crypto with a total capitalization of $ 5.8 billion. The price of Stellar has increased by approximately 11,860%, gaining from $ 0.002609 to $ 0.312048 today.
Did you invest in cryptocurrencies in 2015? What markets did you win, lose, and and miss out on? Share your experiences in the comments section below!
Images courtesy of Shutterstock, Coinmarketcap
Need to calculate your bitcoin holdings? Check our tools section.
The post Top Altcoin Markets of 2015 Gain 10,000% in 3 Years appeared first on Bitcoin News.
Southern California drivers are paying the highest pump prices for gasoline in 2 1/2 years amid fears that prices could jump even further if the United States takes military action against Syria.
The upswing in prices reflects not only rising crude-oil prices but also a higher state gasoline tax,…
A court in Macedonia has sentenced an alleged ethnic Albanian militant gunman to life in prison over a deadly 2015 gunbattle with police, a day after 33 other suspects also received heavy sentences.
Investigators are re-examining overheard conversations in which Russian government officials discuss dealings with Donald Trump’s associates, given confirmation of Donald Trump Jr.’s meeting with a Russian lawyer, US officials say. Though the conversations were recorded by US intelligence in early 2015, months before Trump announced his campaign for the…
“She fought so hard,” says Dan Bowes of his stepdaughter, Judy Malinowski. The Ohio woman was left disfigured and bedridden in a hospital after her ex-boyfriend doused her in gasoline and set her on fire on Aug. 2, 2015. “No one expected that she’d make it 48 hours,” Bowes tells…
An offshore oil platform near Santa Barbara will be decommissioned and its operator, Venoco, is seeking bankruptcy protection, nearly two years after the platform was idled when an onshore pipeline ruptured and spilled a massive amount of oil into the ocean, the state and company said Monday.
Higher growth returned to China as policies to stimulate the economy gathered steam even as Beijing juggled measures to rein in financial risk. But the second half of the year is expected to bring a slowdown.
WSJ.com: What’s News Asia
Mastercard and the company that sells RushCard-brand prepaid debit cards will pay $ 13 million in fines and customer restitution over a 2015 system failure that left thousands of customers unable to access money in their accounts.
The Consumer Financial Protection Bureau on Wednesday announced the…
Here’s a situation where you may want to behave more like a child. Adult immunization rates are far lower than kids’ immunization rates, and a study estimates that in 2015 common vaccine preventable diseases in adults cost the U.S. $ 9 billion with 80% of these costs (or $ 7.1 billion) from those who did not get vaccinated.
Forbes Real Time
German arms exports almost doubled last year to their highest level since the beginning of this century, a German newspaper said on Sunday, citing a report from the Economy Ministry that is due to be presented to the cabinet on Wednesday. Newspaper Welt am Sonntag said the value of individual approvals granted for exporting arms was 7.86 billion euros ($ 8.75 billion) last year compared with 3.97 billion euros worth of arms exports in 2014. It said the Economy Ministry had pointed to special factors that boosted arms exports such as the approval of four tanker aircraft for Britain worth 1.1 billion euros.