Bull run is one of the most anticipated period of Crypto because the market stays green for a prolonged period of time and during bull runs majority of investors are bullish and the demand of top-performing coins outweighs their supply. We have seen 3 major bull runs since the start of crypto.
During the first bull run which happened in 2013 there were not so many coins around so we will focus on the second and third bull run.
The top 10 best-performing coins of this bull run according to their Market Cap are given below: In this bull run we saw BTC and ETH strongly holding the top 2 positions with BCH and XRP fighting for the third spot.
The top 10 best-performing coins of this bull run according to their Market Cap are given below: Here again we can see that BTC and ETH are holding the top 2 spots strongly followed by BNB and ADA.
Takeaway:So while we are waiting for the next bull run it is best to prepare yourselves so that you can get the most benefit out of it. If we look at the 2nd and 3rd bull run we can clearly see that only BTC and ETH are holding the top two positions comfortably while most of the other coins are different so we might again see a whole different list in the next bull run. That's why BTC and ETH are one of the safest investment one can make and there is no guarantee that the top performing coin will perform good in the next bull run. Discussion:What are your reflections on the historical bull runs of cryptocurrencies and the performance of the top 10 coins? Feel free to share your thoughts in the comments guys. Thanks [link] [comments] |
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