Hi guys,
We at
CoinGecko just published our
2018 Yearly Crypto Report. This is our 6th quarterly report and the second time we are making a full year report after our
2017 Yearly Report.
In this report, our team of researchers worked tirelessly to produce 83 pages of insights covering the market in 2018. For this full year report, we partnered with industry leaders to provide insights into the various crypto segments. We have
Dapp.com covering decentralized applications,
TokenMarket covering Security Tokens,
Masternodes.Online covering masternodes, and
NonFungible.com covering Non-Fungible Tokens.
Market Dynamics2018 was a very bearish year for the cryptoasset industry. The market capitalization of the top-30 coins fell on average 78.85% in 2018.
Among the top 5 cryptoassets,
Bitcoin Cash saw the worst loss where its price fell by 93%. We have a section (pages 39-42) looking deeper into the Bitcoin Cash split that caused this massive fall in value.
EOS saw its value increase mid-year as it completed its gargantuan $4.2 billion ICO and geared up for mainnet launch. However, after the initial excitement of the mainnet launch, its price tumbled and ended the year 66% lower than the start of the year.
As the market fell throughout 2018, we saw a “flight-to-safety” towards
Bitcoin. Market dominance for Bitcoin went from 40% to above 55% by the end of the year. We also saw a stablecoin,
Tether ending the year as one of the top 10 cryptoasset by market capitalization, ending the year as the 7th largest cryptoasset.
ICO InsightsTowards the end of 2018, as the price of bitcoin and ether touched yearly lows, we saw ICOs struggling to raise funds. The percentage of ICOs meeting their hard cap decreased from around 53% at the start of the year to 10% by the end of the year. Among the projects that raised funds and successfully listed their tokens on exchanges, a majority of them saw their value decreased soon after.
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There are 83 pages of crypto insights. Do take a look and let us know what you think.
Blog Announcement:
https://blog.coingecko.com/coingecko-releases-2018-full-year-crypto-report/Slideshare:
https://www.slideshare.net/coingecko/coingecko-2018-full-year-cryptocurrency-reportPDF:
http://bit.ly/2018CoinGeckoReport