EXMO quarterly crypto market overview is an analytical report with up-to-date information about cryptocurrencies.
The analytical snapshot presents 2022’s first quarter in review: crypto market capitalisation, trading volumes, gainers and losers, crypto fund investments, as well as the correlation between cryptocurrencies and public companies by month and for the entire quarter.
The total balances of users decreased by 59% over the reported quarter, which is primarily due to the price fall of all digital assets. Dogecoin (DOGE) balances decreased significantly more than DOGE’s price – by about 11%. The balances of Solana (SOL), Polkadot (DOT) and Uniswap (UNI) decreased less than the price of these coins – by 26.5%, 14% and 11%, respectively.
By the end of the quarter, all cryptocurrencies incurred losses. The median value of ROI for the assets under consideration was -58%. TRX managed to minimise losses to 6%. Dogecoin (DOGE) also had a somewhat smaller negative ROI.
NEAR Protocol (NEAR) recorded the largest increase in the number of holders during the reported quarter. The number more than doubled. Solana (SOL) recorded an increase of 51%. Yearn.finance (YFI), GNY (GNY) and Velas (VLX) follow them but with a significantly lower increase in the number of holders: +18%, +7% and +5%, respectively.
Bitcoin (BTC), XRP (XRP), Ethereum (ETH), Dogecoin (DOGE), EXMO Coin (EXM), Tron (TRX), Litecoin (LTC), Cardano (ADA), Litecoin (LTC) and Stellar Lumen (XLM) hit the top 10 cryptocurrency list in terms of the number of holders, at the end of the quarter.
This is a short summary of the key quarterly outcomes. Read the full version in the Crypto market analytical snapshot.