Best Crypto 2022

These were the 10 best performing cryptocurrencies in July 2022

These were the 10 best performing cryptocurrencies in July 2022

These were the 10 best performing cryptocurrencies in July 2022
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After a poor performance in the first half of 2022, July offered a respite for crypto investors. Several digital tokens reported the best results last month, including Bitcoin (gained around 20%) in July and Ethereum (gained more than 60%). Several factors have contributed to this surge in the crypto market, including easing concerns about inflation, a recovery in investors’ risk appetite, and more. Let’s take a look at the 10 best performing cryptocurrencies in July 2022.

The ten most successful cryptocurrencies in July 2022

We used monthly return data from coinmarketcap.com to come up with the 10 best performing cryptocurrencies in July 2022. For the list, we only considered cryptocurrencies with a market capitalization of more than USD 400 million (as of July 31, 2022).

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  1. Uniswap (UNI, 72%)

Launched in November 2018, it is a decentralized trading protocol that aims to keep token trading automated and fully open to all token holders. At the time of writing, UNI was trading at $9.27, giving it a market capitalization of more than $6.30 billion. UNI is down nearly 51% year to date, but is up more than 9% over the past 90 days. It has an all-time high of $44.97 (March 2021) and an all-time low of $0.419 (September 2020).

  1. Aave (AAVE, 76%)

Launched in November 2017, it is a decentralized financial protocol that facilitates the buying and lending of cryptocurrencies. At the time of writing, AAVE was trading at $97.65, giving it a market capitalization of more than $1.30 billion. AAVE is down more than 63% year to date and almost 39% over the past 90 days. It has an all-time high of $666.86 (May 2021).

  1. Curve DAO token (CRV, 79%)

Launched in January 2020, it is a decentralized stablecoin exchange that uses an AMM (automated market maker) to manage liquidity. As of this writing, CRV is trading at $1.41, giving it a market capitalization of over $720 million. CRV is down almost 78% year to date and almost 47% in the last 90 days. It has an all-time high of $60.50 (Aug 2020) and an all-time low of $0.3316 (Oct 2020).

  1. Convex Finance (CVX, 84%)

It is a DeFi protocol that allows Curve liquidity providers to earn a portion of trading fees on Curve without investing in liquidity. Convex Finance’s unique incentive structure is its greatest strength. As of this writing, CVX is trading at $6.97, giving it a market capitalization of more than $460 million. CVX is down more than 86% year to date and more than 72% in the last 90 days. It has an all-time high of $62.69 (January 2022) and an all-time low of $1.88 (July 2021).

  1. Filecoin (FIL, 90%)

Launched in 2020, it is a decentralized peer-to-peer storage network that records commitments made by network participants using FIL for online transactions. At the time of writing, FIL was trading at $8.45, giving it a market cap of more than $2.13 billion. FIL is down more than 76% year to date and more than 44% in the last 90 days. It has an all-time high of $237.24 (April 2021) and an all-time low of $1.83 (August 2019).

  1. Quantity (QNT, 95%)

Launched in June 2018, it aims to connect blockchains and networks without compromising network efficiency and interoperability. At the time of writing, QNT was trading at $104.63, giving it a market capitalization of more than $1.20 billion. QNT is down more than 41% year to date, but is up nearly 4% over the past 90 days. It has an all-time high of $428.38 (September 2021) and an all-time low of $0.1636 (August 2018).

  1. Bitcoin Gold (BTG, 98%)

Founded in 2017, it is a user-friendly alternative to Bitcoin. It combines the security and robustness of the Bitcoin blockchain along with the ability to experiment and evolve. As of this writing, BTG is trading at $30.55, giving it a market capitalization of over $530 million. BTG is down more than 26% year to date and more than 1% in the last 90 days. It has an all-time high of $539.72 (Oct 2017) and an all-time low of $2.54 (Nov 2022).

  1. Polygon (MATIC, 99%)

Launched in October 2017, it is an easy-to-use platform for Ethereum scaling and infrastructure development. It was previously known as Matic Network. At the time of writing, MATIC was trading at $0.9107, giving it a market cap of more than $7.20 billion. MATIC is down almost 65% since the beginning of the year and almost 21% in the last 90 days. It has an all-time high of $2.92 (Dec 2021) and an all-time low of $0.003012 (May 2019).

  1. Ethereum Classic (ETC, 157%)

Launched in 2016, it is a hard fork of Ethereum (ETH) that functions as a smart contract network. It has the ability to host and support decentralized applications (DApps). At the time of writing, ETC was trading at $37.54, giving it a market cap of over $5.10 billion. ETC is up more than 7% year-to-date and up nearly 21% over the past 90 days. It has an all-time high of $176.16 (May 2021) and an all-time low of $0.4524 (July 2016).

  1. Lido DAO (LDO, 376%)

Launched in 2020, it is an Ethereum investment solution that allows users to invest their ETH (with no minimum deposits) while participating in on-chain activities. At the time of writing, LDO was trading at $2.35, giving it a market capitalization of more than $730 million. LDO is down almost 37% year to date and almost 27% over the past 90 days. It has an all-time high of $18.62 (November 2021) and an all-time low of $0.406 (June 2022).

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