The cryptocurrency ecosystem has grown dramatically in a few years, with the number of encrypted markets increasing from 59 in 2013 to over 2000 today. Looking at the historical snapshots of the cryptocurrency markets dating back to the Christmas period also shows a significant turnover in the main alternative sectors by market capitalization.
Read also: Report Find a strong relationship between Crypto-Advocates and Life Extension
The number of cryptographic markets increases 10 times during 2014
<img class = "alignright size-medium wp-image-265447″ title=”A look at the main cryptocurrency markets From Christmas past” src=”https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_794098444-300×200.jpg” alt=”A look at the top Cryptocurrency Markets From Christmases Past "width =" 300 "height =" 200 "srcset =" https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_794098444-300×200.jpg 300w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_794098444-768×513.jpg 768w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_794098444 -696×465 .jpg 696w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_794098444-629×420.jpg 629w, https://news.bitcoin.com/wp-content/uploads/2018 / 12 /shutterstock_794098444.jpg 1000w "sizes =" (maximum width: 300px) 100vw, 300px”/>While many indicate 2017 as the year when cryptocurrency markets have seen their most dramatic growth, 2014 saw the number of virtual currencies increase by almost 1,000%. As of December 28, 2014, there were 506 active markets according to Coinmarketcap, compared to 59 of December 22, 2013.
Despite the impressive growth in the number of active markets, the price trend of many of the major cryptocurrencies by market capitalization was extremely bearish, with six of the top 10 cryptocurrencies losing more than 80% in a year.
Between December 22, 2013 and December 28, 2014, BTC lost nearly 50%, from $ 619 to $ 316. Litecoin (LTC) fell from the second-largest market to the fourth, recording a loss of 84% from around $ 17,10 to $ 2,74. Ripple (XRP) was the only flagship market to increase year on year, with a 7% increase from $ 0.022 to $ 0.024. The XRP rose from third to rank as the second cryptocurrency by market capitalization.
Peercoin (PPC) fell from the fourth largest crypto to 19th place, recording a loss of 81.5% while prices fell from $ 3.12 to $ 0.58. Namecoin, the fifth classified (NMC), fell to 13, with a decrease of 82.5%, from $ 4.13 to $ 0.72. Quark (QRK) has moved from the sixth largest crypto to 27th place with a 92.6% drop in prices. Nxt (NXT) scored the second strongest performance among its flagship cryptographic markets at the end of 2013, rising from seventh to ninth despite a 18% price drop from $ 0.02 to $ 0.017.
At the end of 2013, bitshares PTS (PTS) comprised the eighth largest crypto by market capitalization with a symbolic value of $ 12.45. A year later, PTS was in 45th place after suffering a fall of 99.99% from $ 12.45 to $ 0.00049. The ninth ranked Worldcoin (WDC) dropped to 53rd place, recording a 98.5% loss from $ 0.4 to $ 0.006. Megacoin (MEC) fell from 10th to 48th place in market capitalization, with a decline of 96.8 percent from $ 0.52 to $ 0.017.
Five of the top 10 virtual currencies since the end of 2013 have maintained their ranking of the first 10 the following year.
Of the main markets of 2014, only the published price gains of BTC and LTC have elapsed 1 year later
<img class = "alignright size-medium wp-image-265454″ title=”A look at the main cryptocurrency markets From Christmas past” src=”https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_760682413-300×178.jpg” alt=”A look at the top Cryptovalute Markets From Christmases Past "width =" 300 "height =" 178 "srcset =" https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_760682413-300×178.jpg 300w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_760682413-768×455.jpg 768w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_760682413 -696×412 .jpg 696w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_760682413-709×420.jpg 709w, https://news.bitcoin.com/wp-content/uploads/2018 / 12 /shutterstock_760682413.jpg 1000w "sizes =" (maximum width: 300px) 100vw, 300px”/>BTC earned 32% from December 28, 2014 to December 27, 2015, from $ 316 to trade for $ 416.50. Ripple was able to maintain its position as the second largest encryption market, despite the 94% loss from $ 0.024 to $ 0.0062. Despite closing 2014 as the third cryptographic market, Paycoin (XPY) will close 2014 as a cryptocurrency in 48th place after recording a loss of 99.6% from $ 10.74 to $ 0.038.
LTC earned 25% during 2014, moving from fourth to third alongside a price increase from $ 2.74 to $ 3.43. The bithares of the fifth classified (BTS) fell to eighth place, recording a loss of 80% from $ 0.016 to $ 0.003. maidsafecoin (MAID) rose from sixth to tenth, producing a 72% price drop from $ 0.05 to $ 0.014.
The seventh stellar classified (XLM) ended 2015 as a ninth classified cryptographic market, falling by 70% from $ 0.0058 to $ 0.0017. Although dogecoin (DOGE) fell 23% from $ 0.00018 to $ 0.00014, doge rose from the eighth cryptocurrency to sixth place at the end of 2015. The ninth-ranked NXT fell from the top ten to the # 11; eleventh place next to a 63% price drop from $ 0.0161 to $ 0.006167. While PPC recorded an annual loss of 31% following a decline from $ 0.578 to $ 0.4, PPC has risen to the market capitalization rankings from 10th to 7th place.
At the end of 2015, eight of the dominant 2014 Christmas markets reached their top 10 position. The number of active markets increased by 11% from 506 to 562.
BTC, ETH, DASH and MAID have released three-digit earnings for 2016
<img class = "alignright size-medium wp-image-265457″ title=”A look at the main cryptocurrency markets From Christmas past” src=”https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_723238297-300×200.jpg” alt=”A look at the top Cryptocurrency Markets From Christmases Past "width =" 300 "height =" 200 "srcset =" https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_723238297-300×200.jpg 300w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_723238297-768×512.jpg 768w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_723238297 -696×464 .jpg 696w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_723238297-630×420.jpg 630w, https://news.bitcoin.com/wp-content/uploads/2018 / 12 /shutterstock_723238297.jpg 1000w "sizes =" (maximum width: 300px) 100vw, 300px”/>BTC earned 111% from $ 416.50 on 27 December 2015 to $ 878.80 on Christmas Day 2016, following a year of bullish stock for the cryptocurrency markets. The XRP recorded slight gains in 2016, up 3.4% from $ 0.00617 to $ 0.00638, resulting in a decline from the second to the third, based on market capitalization. While LTC recorded a 27% gain from $ 3.43 to $ 4.35, LTC also lowered by one grade, ending 2016 as the fourth largest cryptocurrency.
The fourth classified ethereum (ETH) was the highest performing market in 2016, earning almost 760% from $ 0.85 at the end of 2017 to finish the year as the second largest cryptographic asset with ETH trading for $ 7, 29. Although the chronometer earned almost 270% from $ 2.69 to $ 9.91 between the holidays of 2015 and 2016, it went from fifth classified cryptocurrency to the seventh from 25 December 2016. The sixth place fell from the first 10 2016, closing the year as the 13th largest market after recording a gain of 42% from $ 0.00014 to $ 0.00023.
PPC was the only flagship market at the end of 2015 to record a loss a year later, rising from seventh to thirty-eighth in the market share ranking after producing a loss of 43% from $ 0.41 to $ 0.23. BTS recorded a 26% gain from $ 0.0034 to $ 0.0042, however it fell from 8th to 25th in criptovalute by capitalization. Despite getting a 55% gain from $ 0.0017 to $ 0.0026, XLM slipped from the ninth to the end of the year in 16th place. The maid went from tenth to the finish line of the year as an eighth cryptocurrency after a massive 620% gain from $ 0.014 to $ 0.10.
Six of the major markets since the end of 2015 have maintained their position in the top 10 as of Christmas 2016. The number of active markets increased by 15% from 562 to 644.
The Trend Trend units of 2017 record prices
<img class = "alignright size-medium wp-image-265461″ title=”A look at the main cryptocurrency markets From Christmas past” src=”https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_713155267-300×200.jpg” alt=”A look at the top Cryptocurrency Markets From Christmases Past "width =" 300 "height =" 200 "srcset =" https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_713155267-300×200.jpg 300w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_713155267-768×512.jpg 768w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_713155267 -696×464 .jpg 696w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_713155267-630×420.jpg 630w, https://news.bitcoin.com/wp-content/uploads/2018 / 12 /shutterstock_713155267.jpg 1000w "sizes =" (maximum width: 300px) 100vw, 300px”/>In 2017, Santa Claus delivered an abundant Christmas to the cryptocurrency community, with nine of the top 10 markets reporting four- or five-digit earnings between December 25, 2016 and December 24, 2017.
BTC earned 1,500% last year, rising from $ 879 to $ 14,057. ETH maintained its second cryptocurrency position by market capitalization, gaining 9.345% from $ 7.29 to $ 688.59 in just one year.
Ripple recorded the second strongest price increase among the best markets for 2017, with an increase of 17.140% from $ 0.00638 to $ 1.10. Despite the huge price increase, XRP has lost a grade to end the year as the fourth largest cryptocurrency. LTC moved from the fourth to the fifth encrypted market capitalization business to a 6.255% increase from $ 4.35 to $ 276.49.
Monero (XMR) has moved from fifth classified cryptocurrency to tenth, gaining 3.455% from $ 9.63 to $ 342.43. The sixth ranked ethereum classic (ETC) fell to 17th place in 2017, however it gained 2.725% from $ 1.10 to $ 31.10. Despite the 12.140% gain, the dashboard fell by one degree by market capitalization, going from seventh to eighth.
The eighth ranked maidsafe fell from the top positions in 2017, closing the year in 55th place after gaining 670% against the dollar, but falling significantly against the BTC. Nem (XEM) maintained its market position in ninth place after gaining 24.345% from $ 0.004 to end the year as the strongest flagship market, with XEM trading at $ 0.88. Despite having recorded a gain of 2,280% from $ 2.89 to $ 68.83, the tenth placeholder (REP) has moved from 10th to 36th classified cryptocurrency.
Seven of the top 10 markets of 2016 have maintained their leadership in the rankings one year later. The number of active markets increased by around 100% from 644 to 1,334 at the end of 2017.
All major markets have recorded heavy losses for 2018
<img class = "alignright size-medium wp-image-265463″ title=”A look at the main cryptocurrency markets From Christmas past” src=”https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_1018259515-300×200.jpg” alt=”A look at the top Cryptocurrency Markets From Christmases Past "width =" 300 "height =" 200 "srcset =" https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_1018259515-300×200.jpg 300w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_1018259515-768×512.jpg 768w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_1018259515 -696×464 .jpg 696w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_1018259515-630×420.jpg 630w, https://news.bitcoin.com/wp-content/uploads/2018 / 12 /shutterstock_1018259515.jpg 1000w "sizes =" (maximum width: 300px) 100vw, 300px”/>BTC fell 70% in the last 12 months, falling from $ 14,057 on 24 December 2017 to trade for around $ 4,230 today. ETH dropped from second to third cryptocurrency by market capitalization, followed by a 77% annual decline from $ 688.60 to $ 156.80. Money in Bitcoin (BCH) rose from third to fourth, accompanied by a 93% loss from $ 2 956 to $ 206.
XRP recorded the weakest loss of the best performing markets in the last year, rising from fourth to second place with a 60% drop from $ 1.10 to $ 0.44. LTC fell 87% from $ 276.49 to $ 36.11 from the fifth to the seventh by capitalization. New entrant cardano (ADA) has moved from fifth to 11th of this year, losing 87.5% of its value from $ 0.39 to $ 0.05.
Seventh-ranked IOTA (MIOTA) is now in the 12th, after a decline of 89% from $ 3.45 to $ 0.38. Dash has moved from eighth to fourteenth of this year, losing 91.5% from $ 1,212 to $ 102. After finishing ninth for two consecutive Christmas, XEM looks ready to greet Santa Claus as 16 Largest cryptocurrency, having lost 91% from $ 0.88 to $ 0.079. XMR, ranked in 10th place, fell 83% from $ 342.43 to trade for $ 57.65 in the last year, currently ranking in 13th place for capitalization.
Six of the dominant markets last Christmas maintained their position among the top 10, three of which have consistently maintained their leading position since 2013. The number of active markets has increased from 1,334 to 2,067 in the last 12 months.
How do you think the cryptocurrency markets will perform next Christmas? Share your thoughts in the comments section below!
Images courtesy of Shutterstock
On Bitcoin.com there are a lot of free useful services. For example, you saw ours Tools page? You can also look up the exchange rate of a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And more.