Best Performing Altcoins of 2019: Which Coins Made Waves Amidst Market Turmoil?

The Rollercoaster Journey of Cryptocurrencies in 2019

Oh, 2019! A year that felt like riding a high-speed rollercoaster while holding on for dear life. Starting at a calm $130 billion market cap, the crypto landscape quickly found itself at an astonishing $373 billion one summer. Yet, before you could say “HODL,” it tumbled back to just under $200 billion. Who knew crypto could be so melodramatic?

Standout Stars Among the Turbulence

In this chaos, a few altcoins managed to stay afloat (or even thrive). Let’s spotlight the underdogs of the crypto world who weren’t named Bitcoin but still managed to shine bright.

ChainLink (LINK): The Unexpected Hero

ChainLink began the year like that kid in class who’s too shy to speak—barely scratching $0.31. Fast forward to July, and it was a different story: LINK bagged a peak price of $3.74! Although it took a tumble afterwards, it still lingered above $1.90, marking an insane growth of over 500%. Talk about a glow-up!

Binance Coin (BNB): The Crowd-Pleaser

BNB was like the cool kid at the party. Starting at a mere $6, it shot up to $35.20 by May, proving that good things do come to those who wait. However, with a bumpy ride into the third quarter, declining to $15.79, it stabilized just below $14 by year-end. Still, a year-over-year boost of 140% isn’t too shabby, right?

Tezos (XTZ): The Steady Performer

Tezos started the year at $0.47, seemingly innocent. By Mid-May, it strut its stuff at $1.88! Although it fluctuated, it ended the year trading at $1.51—a commendable 190% increase. Keep on staking, folks!

Synthetix Network Token (SNX): Rising from the Ashes

Synthetix had a rocky beginning, starting with mere cents, but quickly soared to $1.33 by year’s end, boasting a 200% increase. It’s like the little engine that could—SNX just kept pumping its little engine, and the market took notice!

Classic Contenders: A Mixed Bag

Like that buddy who can’t decide on a movie, some cryptocurrencies oscillated between extremes.

Bitcoin Cash (BCH): The Steady Eddie

Having started at $135, Bitcoin Cash experienced its highs and lows, peaking in June at $479.96. Now trading at just over $195, it still recorded a 30% rise for the year. Not the flashiest, but still something you can count on!

Litecoin (LTC): The Cool Vintage

Litecoin’s year was up and down; it climbed to $141.73 in June before settling around $43 in December. It may have been a bit like a fine wine—better with age—but it still set its price up by 40% since January!

Forward to the Future: Lessons from 2019

For those peeking into the crystal ball of 2020 and beyond, keep these stars and their lessons in mind. While Bitcoin still reigns, the underdogs are learning how to dance without tripping over their own feet.

Conclusion: Time Will Tell

As we wrap this rollercoaster year, the lesson is clear: while the market may sway wildly, those shiny coins that thrived in the midst of turmoil are worth watching closely. Who knows? Your favorite could just be the next social media celebrity of the crypto world!