Ad

Tron(TRX), Cardano(ADA), & Monero(XMR) Lose Big in May

Tron (TRX)

Tron(TRX), Cardano(ADA), NEM(XEM), & Monero(XMR) –  May turned out to be a rough month for the total cryptocurrency market, as 100 billion dollars was lost in just 31 days.

Source: CoinMarketCap

Many of the top 25 cryptocurrencies saw considerable losses, and only two had any sort of price gains. We’ve broken down how well each coin performed this month, and all prices were taken from the historical data provided by CoinMarketCap.

Crypto in May – the Losers

In May, most of the coins suffered but some performed better than others. These are the top 5 coins who lost the most this month.

QTUM crumbled in price this month, as it started the month out at $22.21 a coin and ended the month at $13.29. QTUM had losses of -40.16%, in 31 days.

NEM was the second-largest cryptocurrency with losses this month, starting at $0.408 a coin and ended the day with $0.245. XEM has losses of -39.95% in May.

OmiseGo was the third cryptocurrency with the most losses starting the month at $16.81 a coin and dropped to $10.53. OMG was down -37.35% for May.

The fourth on the list is NEO, which started out the month at $83.51 a coin and dropped to $53.02. NEO is down -36.51%, in May.

Monero is the last on this list starting out May at $241.96 a coin and dropped to $155.74. XMR is down -35.63% for the month.

Crypto in May – the Winners

There were only two coins out of the top 25 cryptocurrencies that didn’t have any losses for the rough month of May.

Tether (USDT) ended the month even but this digital currency is one that is pegged by the dollar, so its volatility is extremely low, compared to the rest of the coins on the market.

The coin with the biggest percentage gains for May was Bytecoin. BCN started out the month at $0.00545 and ended at $0.00682. This anonymous cryptocurrency, similar to Monero and Verge, has seen extreme highs and lows in its lifetime and has been considered by some a ‘pump and dump.’ BCN gained 25.13% in May.

>> Tron TRX Main Net Launch

Top 25 Price Movements in May

Bitcoin (BTC) – $9,223.95 – $7,458.80 = -19.13%

Ethereum (ETH) – $666.12 – $573.21 = -13.94%

Ripple (XRP) – $0.831 – $0.610 = -26.59%

Bitcoin Cash (BCH) – $1,339.36 – $988.52 = -26.19%

EOS – $17.67 – $12.34 = -30.16%

Litcoin (LTC) – $148.54 – $117.78 = -20.70%

Cardano (ADA) – $0.377 – $0.222 = -34.12%

Stellar (XLM) – $0.419 – $0.294 = -29.83%

IOTA (MIOTA) – $1.96 – $1.75 = -10.71%

Tron (TRX) – $0.0925 – $0.0604 = -34.70%

NEO – $83.51 – $53.02 = -36.51%

Monero (XMR) – $241.96 – $155.74 = -35.63%

Tether (USDT) – 0.00%

DASH – $473.09 – $304.94 = -35.54%

NEM (XEM) – $0.408 – $0.245 = -39.95%

VeChain (VEN) – $4.44 – $3.43 = -22.74%

Binance Coin (BNB) – $14.17 – $14.01 = -1.12%

Ethereum Classic (ETC) – $21.45 – $15.26 = -28.85%

Bytecoin (BCN) – $0.00545 – $0.00682 = +25.15%

QTUM – $22.21 – $13.29 = -40.16%

OmiseGO (OMG) – $16.81 – $10.53 = -37.35%

Icon (ICX) – $4.29 – $2.77 = -35.43%

Zcash (ZEC) -$285.94 – $242.43 = -15.21%

Lisk (LSK) – $13.07 – $8.53 = -34.73%

Ontology (ONT) – $7.63 – $7.06 = -7.47%

Featured Image: TheCrypto

Sponsored Crypto Content

Ad