Which were the top large cryptos in January?
The answer should be Bitcoin or Ether, but no. As we all know, and we have been reporting constantly, the price of Bitcoin has dropped in January for almost 30%, which means that its market capitalization has suffered a lot. But the situation was like this not only in case of BTC, but also other cryptocurrencies. The entire value of cryptocurrency market was around $830 billion at the beginning of month and below $500 billion at the end of month.
Nevertheless, while the major tokens have dropped in their value, some new and small in value tokens have managed to grow, among them VeChain, Neo, Populous and Stellar.
According to Coindesk asnalysis here is their results:
VeChain
• January performance: +146 percent
• All-time high: $9.55 hit on Jan. 22
• Price on Jan. 1: $2.26
• Price on Jan. 31: $5.58
• Rank as per market capitalization: 18
NEO
• January Performance: +95 percent
• All-time high: $194.70 hit on Jan. 15
• Price on Jan. 1: $74.54
• Price on Jan. 31: $145.76
• Rank as per market capitalization: 7
Populous
• January performance: +72 percent
• All-time high: $75.60 hit on Jan. 29
• Price on Jan. 1: $40.35
• Price on Jan. 31: $69.78
• Rank as per market capitalization: 23