 | Here is the update after two weeks of the performance of New cycle coins v BTC/ETH v total crypto market cap: Not surprisingly there is a lot of volatility between the new cycle coins. The range is +19% (Ton Coin) all the way to -19% (Astar). Overall they dropped -2% overall with only 3 coins in the positive which are Toncoin, Kaspa (top 100) and Merit Circle (low 100s) having very large gains. But 7 are negative by a generous amount especially compared to BTC/ETH.Some of the layer twos have dropped like Optimism and Arbitrum.I have $99.80 compared to $100 two weeks ago. BTC/ETH are very similar only dropping -1% all together with Ethereum getting -3% but BTC gaining +1% during this period. The Total Crypto market is about the same since. Although this is a snapshot in time, it is important to note that volatility is really high and the real lows and highs of many of these new cycle coins did change at greater percentages during this period. Kaspa was +30% about a week ago and Astar was at least -25% which shows exiting and entry into these coins need a strategy for timing. This sample will be better in time getting closer to the bull to see what performs the best. [link] [comments] |
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