Boiling 2020: Top 30 Cryptocurrency Trend Analysis: Who are the rising stars and the laggards?

Preface: 2020 was a boiling year. From the 312 crash to the new high of Bitcoin, from the DeFi craze to the launch of Filecoin. "One bull market can make 10 years of money", but some people also suffered tragedies due to contract losses. As we usher in 2021 amidst the clamor, don't forget that the freedom of choice is in our own hands.

What happened in 2020 and what the trend is can be seen from the changes in the top 30 projects. (The deadline is 12:00 noon on January 4)

It can be seen from the figure

1. The strong will always be strong. BTC and ETH remain in the top and second place respectively.

3-7 are USDT, LTC, XRP, DOT and BCH. The four mainstream projects except DOT have the strongest consensus after BTC and ETH, and they only change alternately.

USDC has the fastest growth, and it and BUSD benefit from the market demand for compliant stablecoins;

Thanks to the development of the Polkadot ecosystem, DOT has become the new mainstream and ranked sixth;

LINK, WBTC, and DAI are the biggest beneficiaries of the DeFi craze;

In terms of platform coins, OKB performed well in 2020 while HT performed poorly.

2. Ranking increase: USDC (↑11), LINK (↑8), DOGE (↑8), XEM (↑7), ADA (↑5), LTC (↑2), USDT (↑1), and VET (↑1).

3. The ranking decreases to ATOM (↓12), NEO (↓11), LEO (↓10), EOS (↓9), TRX (↓9), XTZ (↓8), DASH (↓6), XLM (↓4), BSV (↓4), BCH (↓2), XRP (↓2), and BNB (↓1).

4. New entries on the list: DOT, WBTC, CEL, OKB, THETA, DAI, BUSD.

5. Dropped from the list: HT, ETC, IOTA, MKR, DASH, ONT, BAT.

The strong will always be strong and chasing hot spots are the two main themes of the top 30 mainstream coins in 2020. Most of the coins with large ranking increases and new entries are related to the hot spots in 2020 (DeFi, stablecoins, Polkadot ecology), while most of the coins with large ranking drops and withdrawals are old projects that lack hot effects.

It is expected that in 2021, the competition among mainstream currencies will still revolve around the two main themes of the strong getting stronger and chasing hot spots. Next year, we will hopefully see more projects related to DeFi and Polkadot ecosystem projects, or even revolutionary new tracks, on the list, while projects that lack the ability to create hot spots will be further eliminated by funds.

In addition, the top ten projects with the highest increase since the beginning of the year: According to coincondex data, as of December 25, the top ten projects with the highest increase in 2020 are NOIA (6880.77%), BCA (5873.51%), KSM (4167.06%), KAI (3372.29%), CHSB (3093.55%), UBT (2487.06%), CEL (2445.78%), ORC (2168.96%), BAND (2136.48%), and KIN (1968.89%), with an average increase of 3459.44% and an average market value of 117.

According to Coincodex data, as of 16:00 on January 4, Bitcoin has increased by 343.66% in the past year. Apart from the three major stablecoins, USDT, USDC and DAI, mainstream projects have all experienced positive growth in the past year.

The top five mainstream projects with the highest growth rates are CEL (4295.45%), THETA (2152.39%), LINK (707.85%), ETH (703.66%), and XEM (553.98%).

The top five mainstream projects with the highest growth rates are EOS (11.4%), XRP (27.01%), ATOM (37.79%), LEO (59.92%), BSV (66.79%), and XTZ (76.63%).

In summary, without considering changes in market value, if an investment portfolio consists of the top 30 mainstream projects by market value, there is a high probability that a positive return on investment will be obtained.

For investors planning for 2021, mainstream projects should still be an important part of asset allocation. If you have enough risk appetite to pursue dozens of times of profits, you can focus on finding potential hot opportunities in projects ranked 50-100 by market value. (Special author: K Editor: Wu said blockchain)