The first quarter of 2022 has come to an end and specific digital currency markets have seen a lot of action during the last three months. Out of the top ten digital currencies, terra (LUNA) saw the biggest gains, jumping more than 43% higher against the U.S. dollar in Q1. Out of the top 30 crypto assets, unus sed leo (LEO) spiked 58% higher in value against the dollar over the last three months.
Q1 2022: Terra, Unus Sed Leo, Ethereum Classic win big – Solana, Algorand, Uniswap lost deep losses
2021 has been a phenomenal year for crypto assets as a large number of digital currencies reached record high prices last year. This year, over the past three months, the first quarter of 2022 shows an entirely different story, as many crypto markets are either doing very well or struggling.
The following is a glimpse at the performance of the top ten crypto assets by market valuation during the first quarter of 2022, and a look at the top 30 crypto assets as well. While bitcoin (BTC) is the leading crypto asset in terms of market capitalization, it has only gained 4.30% during the last 90 days.
Terra (LUNA) was the champion in the first quarter as it harvested 43.83% in the first three months of the year. The second-largest crypto asset by market capitalization, Ethereum (ETH), is declining in value at the end of the first quarter, down 2.75% against the USD. The biggest loser of the top ten tokens was solana (SOL), as it lost 18.64% over the past three months.
Cardano (ADA) has been gaining value in recent times, but ADA lost 12.85% in Q1. Out of the top 30 crypto assets, the biggest gainer which even surpassed terra (LUNA), was unus sed leo (LEO), as it gained 58.37% this quarter.
Below LUNA’s performance, in terms of the top 30 ranking, was Ethereum Classic’s (ETC) 31.33% gain in the first quarter. The biggest loser among the top 30 positions was algorand (ALGO), as it lost 48.51% against the USD in three months. Uniswap (UNI) was another notable loser in the first quarter, with the value of the decentralized exchange (dex) token dropping 37.69%.
Crypterium and Kstarcoin Skyrocket — Bittorrent Token and Rebase Coin OHM Shudder
Out of the entire list of 13,568 crypto assets across 596 exchange platforms, the biggest Q1 gainer was crypterium (CRPT) as the token gained 423.33% in Q1. Kstarcoin (KSC) increased by 339.63% in three months and time new bank (TNB) jumped 234.77% higher in Q1.
Some of the more notable crypto asset losers in the first quarter include bittorrent (BTT) down 99.93% and rebase token olympus dao (OHM) which lost 89.68% in 90 days. Most of the biggest winners and biggest losers on the list of 13,568 cryptocurrencies are relatively unknown digital assets.
