Top 3 Markets by Capitalization Retain Rankings
In two years, the price of BTC has gained roughly 980%, rising from $602.89 USD on the 25th of September, 2016, to approximately $6,500 as of this writing. BTC has held an uninterrupted reign as the largest cryptocurrency by market capitalization, growing from approximately $9.5 billion during September 2016 to $112.9 billion today.
The second largest cryptocurrency by market capitalization, Ethereum, has gained approximately 1,550% since trading for roughly $13 two years ago, with ETH at $215 as of this writing. The market capitalization of Ethereum has grown from $1.1 billion 24 months ago to $22.3 billion.
XRP has seen among the highest price gains of the leading crypto markets since September 2016, gaining 6,880% from $0.007391 to $0.515865 today. XRP’s market cap has grown from $262 million to $20.5 billion.
LTC and XMR Fall from Top 5
On September 25th, 2016, Litecoin was the fourth largest cryptocurrency with a market cap of $181.14 million. Today, LTC is the seventh largest cryptocurrency with a capitalization of $3.4 billion and is trading for $58 – a roughly 1,425% gain over 2016’s price of $3.80.
In the last two years, Monero has fallen from the fifth-ranked cryptocurrency with a market cap of $136.2 million to the tenth ranked crypto with a capitalization of $1.9 billion. XMR has seen price gains of nearly 1,000% in 24 months, growing from $10.50 to $115.
Steem Posts Weakest 24-Month Price Gains
Ethereum Classic has fallen from the top ten largest cryptocurrency markets since 2016. Then ranked sixth with a capitalization of nearly $105 million, ETC is now fifteenth with a market cap of $1.16 billion. ETC has gained 780% from $1.25 two years ago to approximately $11 today.
Steem has suffered a significant fall in its ranking by market cap, dropping from seventh two years ago with $95.2 million, to today be ranked thirty-fourth with a capitalization of $280.5 million. Steem has seen the weakest price gains of the top ten markets of September 2016, growing roughly 60% from $0.617 to $1 today.
DASH and NEM Slide from Top 10
Two years ago, Dash was the eighth largest crypto market with a capitalization of $78 million. As of this writing, Dash is ranked eleventh with a market cap of $1.57 million and is trading for $189 after gaining 1,540% in 24 months from $11.54.
On September 25th, 2016, Nem was the ninth largest cryptocurrency with a capitalization of $46.3 million, with XEM tokens trading for $0.005153 each. Today, Nem is ranked eighteenth by market cap with $844 million and has gained over 1,700% to trade for $0.093783.
Maidsafecoin Falls from Top 50 by Market Cap
Maidsafecoin has seen the largest slide in its market cap ranking since September 2016, falling from tenth with $39.4 million to sixtieth with nearly $109.5 million today. MAID has posted two-year price gains of roughly 180%, growing from $0.087132 to $0.241936.