5 Years Ago You Must Have Bought Bitcoin, Not Altcoins

5 Years Ago You Should Have Bought Bitcoin, Not Altcoins
5 Years Ago You Should Have Bought Bitcoin, Not Altcoins
5 Years Ago You Should Have Bought Bitcoin, Not Altcoins

23 percent of Altcoins Trading about the 12th of May, 2013 Now Appear Dead

What was your view of cryptocurrency in 2013? Can you risk it all? Tell us in the comments section below!

5 Years Ago You Should Have Bought Bitcoin, Not Altcoins

Pictures courtesy of Shutterstock, Coinmarketcap

46% of Altcoins Have Lost Over 80 percent of Their Value

5 Years Ago You Should Have Bought Bitcoin, Not Altcoins
The most recent cost for then tenth rated marketplace, CHNCoin, has been recorded on boxing day last year – CHNCoin having then dropped by almost 99 percent in five years, falling from $0.1 to just $0.001222.


The cost was just $116.07 USD, nevertheless, had just gained by roughly 40% in ten times – using all the bounce comprising a recovering rally following the fallout in the early-2013 bubble that saw many Cypriots charge into the bitcoin markets seeking refuge in the harsh structural adjustment policies imposed by the European Union and International Monetary Fund.
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5 Years Ago You Should Have Bought Bitcoin, Not AltcoinsIn line with this picture, bitcoin needed a market capitalization of simply 1.293 billion around the 12th of May, 2012. Back then, the circulating distribution was just over half it highest total, with roughly 11.14 million coins in circulation.
In the current costs of roughly $140.55, LTC has made gains of 4,083 percent during five years. Considering Litecoin’s marketplace dominance has since eroded, LTC stays the sixth biggest cryptocurrency by market cap – which makes it the best performing altcoin from May 12, 2013.

Of the markets recorded on the 2013 snapshot, Litecoin is by far the altcoin using the largest market capitalization today (roughly $7.94 billion for this writing). In the right time of this photo, the then second biggest cryptocurrency had a complete market capitalization of just $59.1 million, and a circulating supply of roughly 17.5 million.

The then seventh biggest marketplace, Novacoin, has gained by only 15.5 percent in five years, increasing in value from $3.54 to $4.09. NVC has become the 550th biggest market using a capitalization, ranging from nearly $1 million to roughly $8.5 million.

Just 50 percent of Crypto Markets Are More Valuable Today Than They’re 5 Years Back

Markets and Costs