{"id":159444,"date":"2021-01-21T07:50:30","date_gmt":"2021-01-21T04:50:30","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/83-of-cryptocurrencies-that-peaked-in-2018-are-still-down-by-90\/"},"modified":"2021-01-21T07:50:30","modified_gmt":"2021-01-21T04:50:30","slug":"83-of-cryptocurrencies-that-peaked-in-2018-are-still-down-by-90","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/83-of-cryptocurrencies-that-peaked-in-2018-are-still-down-by-90\/","title":{"rendered":"# 83% of cryptocurrencies that peaked in 2018 are still down by 90%"},"content":{"rendered":"<p>&#8220;<strong># 83% of cryptocurrencies that peaked in 2018 are still down by 90% <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvNGE5Y2Q0YjgtYjgwNC00ZjZmLWFjZjMtYTgyZWM2ZGE1YzlmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Data published by crypto market data aggregator Messari shows that 83% of crypto assets that tagged all-time highs in January 2018 are still down by at least 90%.<\/p>\n<p>The data was spotted by CMT Digital analyst Matt Casto, who <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/mcasto_\/status\/1352057680676974594\">tweeted<\/a> data showing the average return-on-investment, or ROI, of crypto assets sorted by the year in which they posted record price highs.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Holding assets that hit high marks +3 years ago is proving to be a massive lost opportunity cost for deploying capital.<\/p>\n<p>There&#8217;s a reason 83% of assets that hit a high price in January 2018 are trading +90% below their ATHs.<\/p>\n<p>ATH\/Cycle Low data is from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/MessariCrypto?ref_src=twsrc%5Etfw\">@MessariCrypto<\/a> API <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/Kfzfq69ZMp\">pic.twitter.com\/Kfzfq69ZMp<\/a><\/p>\n<p>\u2014 Matt Casto (@mcasto_) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/mcasto_\/status\/1352057680676974594?ref_src=twsrc%5Etfw\">January 21, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>The data set included 410 assets that posted record prices during 2017 or later, with 2018\u2019s 157 star coins performing the worst with an average of -90.71% since the previous ATH.\u00a0<\/p>\n<p>2017\u2019s top crypto\u2019s have since crashed by 82% on average, while 2019\u2019s crop is down 72%, and 2020\u2019s standouts have shed 53%. <\/p>\n<p>The data may help support the \u2018great repricing\u2019 concept, that the capital that once flowed into the \u201cghost-chain\u201d layer-one blockchains that dominated the sector in 2017 and 2018 is now being redirected towards the nascent DeFi sector. <\/p>\n<p>The concept is even a trading strategy for some, with dHedge pool manager Wangarian <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/app.dhedge.org\/pool\/0x555d9af5c0c3c8ed5c44e343d2f8292679ab9645\">describing<\/a> his strategy as longing \u201ctokens that obtain direct value accrual (DeFi)\u201d while shorting \u201cdogs**t L1s that have no value accrual whatsoever.\u201d<\/p>\n<p>However, despite the poor performances of many altcoins from yesteryear when compared to their record highs, many older altcoins have still produced enormous percentage gains since bottoming out.<\/p>\n<p>Since finding local lows during the \u201cBlack Thursday\u201d crash of March 2020, Cardano (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/cardano\">ADA<\/a>) has increased nearly 1,700%, Zilliqa (ZIL) is up 2,670%, and Decred (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/decred\/\">DCR<\/a>) has gained 14,130% from their respective price floors.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/83-of-cryptocurrencies-that-peaked-in-2018-are-still-down-by-90\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# 83% of cryptocurrencies that peaked in 2018 are still down by 90% &#8221; Data published by crypto market data aggregator Messari shows that 83% of crypto assets that tagged all-time highs in January 2018 are still down by at least 90%. The data was spotted by CMT Digital analyst Matt Casto, who tweeted data&#8230;<\/p>\n","protected":false},"author":1,"featured_media":159445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvNGE5Y2Q0YjgtYjgwNC00ZjZmLWFjZjMtYTgyZWM2ZGE1YzlmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74863],"class_list":["post-159444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/159444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=159444"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/159444\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/159445"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=159444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=159444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=159444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}