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Analysis, Currency Market

Coin of the Q1 2020

  • March 31, 2020

We decided to look at the market and find out what was the most successful asset in terms of YTD ROI for its investors.

We chose coins from TOP-100 with trading volume more than 1m$ to exclude pump-coins and coins with questionable use cases that don’t have TOP-exchange listing.

A coin of the Q1 2020 with astonishing ROI 197,7% for 90 days became Hedera Hashgraph HBAR. Hedera made a huge run in Q1 which gave its investors almost 8x growth by February 12. The reason is the partnership with Google Cloud. This partnership is expected to generate $1.9 billion in value for the Hedera network by 2024. Also, Google and Wipro were recently added to Hedera Governing Council. This made Hedera the most successful coin in the market TOP-100.

HBAR info https://cryptorank.io/currencies/hedera-hashgraph

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Tags: HBARHedera Hashgraph
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