10 Best Performing Cryptocurrencies in 2018

Undoubtedly, the cryptocurrency market has not been kind to economic operators in 2018. All, except for some scrambled, have fallen in market capitalization. However, some went better than others. In this article, we will examine the strongest cryptocurrencies in 2018.

Cryptocurrencies Best-Performing, Criteria:

• This list includes only the coins in the top 100 by market capitalization, thus excluding the lower level altcoin.
• We exclude all the stablecoin anchored to another resource, like Tether, PAX and Dai.
• We exclude any projects that have not been in circulation for at least six months.
• All prices have been purchased by CoinCodex, plotted from 1 January and classified according to the percentage decline in market capitalization.
• All prices are correct at the time of publication (11 December 2018).

Want to see the worst cryptocurrencies of 2018? Click here to see the biggest fallers.

10. Token Global Utility (OKB) -55.74%

Global Utility Token (OKB) is the native exchange cryptocurrency for OKEx. This exchange is regularly placed in the top three for 24-hour trading volume. Some applications for OKB include the OKB trading market, the new list vote, the designated merchant privileges and more. The exchange made some important moves in 2018, as the announcement of the expansion of its operations in Malta in April and the addition of some new stablecoin in October.

9. 0x (ZRX) -55.23%

ZRX is the native cryptocurrency for 0x a project that aims to enhance decentralized exchanges for everything. The project even built its own decentralized exchange (DEX) called 0x OTC. One of the biggest support factors for this year's ZRX price was the Coinbase tokens list in October 2018.

8. Ravencoin (RVN) -54.46%

Ravencoin (RVN) has done a decent job in meeting the technical milestones. Ravencoin uses a usage-specific blockchain that is "designed to efficiently manage a specific function: transferring resources from one side to the other".

In October 2018, RVN started an upward trend in prices, 118% supported growth over the course of a week. This was probably due to his listing on Binance and the anticipation of the launch of mainnet. Still, the RVN prices have decreased a little since that time.

7. Holo (HOT) -53.56%

Holo (HOT) has never been this long, with its ICO that ended only in April 2018. This means that this cryptocurrency, unlike many others, did not have to suffer the big drop started in January 2018 The main objective of this project is to create a bridge for greater and greater decentralization and autonomy over time. Essentially, its technology aims to help centralized systems to become 100% decentralized.

The project gained some momentum, mainly due to the ongoing discussions on the progress of a partnership with Mozilla. Although there is no information from Mozilla that says this is official, Holo's team said that there will probably be no official announcement until after the initial release of the Holo product, which is expected to be expected in the first quarter of 2019.

6. Loom Network (LOOM) -48.59%

Loom (LOOM) is designed specifically for social games and apps. The blockchain is suitable for developers in an attempt to attract the most creative minds on the platform. Loom calls itself a "build your own blockchain" generator that allows developers to easily build dapps on their Ethereum sidechain.

We all know that Ethereum has a downsizing problem when it comes to running applications. Loom aims to solve it by providing a quick and scalable solution. The LOOM token acts as an adhesion pass, guaranteeing access to the game suite and to all sorts of games.

5. Pundi X (NPXS) -46.86%

Pundi X (NPXS) is creating a blockchain-based point-of-sale solution for businesses. From August 2018, the project team has already shipped 5,000 XPOS (Pundi X Point of Sale devices) to various countries around the world.

In October 2018, the project made a big announcement. The project, together with Dubai's official government credit office and regional distribution partners, is bringing XPOS to hundreds of window displays throughout the city. In November 2018, Pundi X collaborated with Quantum Energy Asset Management (QEAM) based in Singapore to launch a $ 100 million blockchain fund, which should be formally launched in January 2019.

4. Coin Binance (BNB) -43.65%

Binance Coin (BNB) is the third native exchange cryptocurrency to create this list. Binance's ability to maintain its status as the largest crypto-cryptographic exchange in the world (through trade volume) has probably supported BNB's prices.

The initial use case for BNB was to pay taxes on the Binance exchange, but there are larger plans in advance. BNB is expanding to allow users to pay for goods and services, like hotels. Many Binance employees even receive their salary (or part of it) in BNB.

A lot of momentum around BNB is probably due to more recent ads. In December 2018, Binance developers released a second demonstration video for Binance DEX. The exchange is trying to launch its DEX platform at the start of 2019. The exchange is also developing its blockchain called the "Binance Chain".

3. Decentraland (MANA) -42.53%

Decentraland (MANA) aims to become one of the most interesting and innovative use cases on the market. The Decentraland project team is building a virtual world where users can use MANA and create their own 3D houses, banks, casinos, resorts, businesses and more.

Although the Decentraland platform is not yet operational, in 2018 there was quite a bit of progress. For example, in November 2018, the project collaborated with Ripio Credit Network (RCN) to provide smart loans based on contracts for the purchase of Decentraland LAND. Axie Infinity, another popular blockchain game, has also announced a partnership with Decentraland in November 2018.

Decentraland has just launched its second "land auction" to sell over 9,000 packages of virtual reality land.

2. Huobi token (HT) -19%

The Token of Huobi (HT), launched in January 2018, marks the fourth (and highest ranked) cryptocurrency of native exchange on this list. HT was initially created and "distributed to the paid Huobi VIP members in response to China's prohibition of cryptography and the reduction of commercial activity". Compared to BNB, HT is a much more recent cryptocurrency.

Indeed, HT has been modeled on the success of BNB as a native exchange token and has similar functionality. For example, as a BNB for Binance, the Huobi exchange uses HT as an option for traders who wish to reduce commissions for foreign exchange transactions. The company also has regular buyback / burn HT events.

1. ODEM (ODE) + 197%

ODEM (ODE), launched in April 2018, has worked well in the last months of the bear market. This cryptocurrency is part of a blockchain platform that aims to change the future of education and certifications. According to the project website, the platform will be a place where "students and student representatives can create and request services for educational programs." Educators and educational service providers can receive requests for program fulfillment and services. of delivery. "

In terms of technical results, the project has made a lot of progress in a short time. For example, smart contracts are already live on the mainnetand there will be a full launch sometime in Q1 2019.

Conclusion

It was a year of the roller coaster dominated by negativity and price collapses. However, these projects show that hard work proceeds behind the scenes. Passionate teams are building incredible blockchain things. When the dust settles, these may be the projects that survive and shape the industry in the future.

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