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The Daily Hodl
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Zilliqa (ZIL), 0x (ZRX), Decred (DCR), Huobi Token (HT): May’s Crypto Winners Bucked a Brutal Trend

by Daily Hodl Staff
May 31, 2018
in Trading
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎
‎‎‎ ‏‏‎

May of 2018 was a month most crypto hodlers would love to forget. The market sank from a market cap of $417 billion to $334 billion, with Bitcoin falling more than 15%.

Source: CoinMarketCap

Despite the downturn, some coins managed to survive the struggle. Huobi Token led the way, witnessing a dramatic rise of more than 69%.

Here’s a look at some of the month’s top gainers.

Coin Percentage Gain
Huobi Token 69.36%
Bytecoin 30.68%
OriginTrail 16.93%
0x 15.70%
Decred 15.19%
Zilliqa 14.29%
Iexec 12.24%
Nuls 12.00%
Golem 10.70%
Binance Coin 0.95%

The month hit the top 10 cryptocurrencies by market cap with dramatic losses. IOTA fared the best, on the heels of its beta release of the long-awaited Trinity wallet. Cardano was hit the hardest, falling nearly 36% in the month of May.

Coin Percentage Loss
IOTA -5.29%
Ethereum -11.70%
Bitcoin -15.25%
Litecoin -17.76%
Bitcoin Cash -22.03%
Ripple -25.46%
EOS -27.89%
TRON -30.72%
Stellar -30.89%
Cardano -35.99%

What’s in store for next month? Let us know in the comments!

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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