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CoinGecko Publishes 2019 Q1 Cryptoasset Report

CoinGecko
0 Comments|April 16, 2019

April 17, 2019 - CoinGecko has announced the publication of its 2019 Q1 cryptoasset report. The 48-page report gives an overview of the state of the cryptoasset market and the major events that happened in the first quarter of 2019.


Total market capitalization of all cryptoassets were up 16.23% Quarter-on-Quarter. Among the top 5 coins, most saw a positive increase in price with Litecoin and EOS seeing the best returns of 103% and 66% respectively. Bitcoin and Ethereum saw modest growth of 11% and 8% while XRP saw its price declined by 11%.


January saw the launch of two new coins, Grin and Beam, which makes use of a new privacy protocol called MimbleWimble. The launch of both these coins were highly anticipated as it represents a fundamental improvement to blockchain privacy.


February saw Binance conducting its first Initial Exchange Offering (IEO) with the token sale of Bittorrent. The successful Bittorrent IEO made other exchanges took notice and rushed to start their respective IEOs.


March saw the launch of Cosmos (ATOM), a project that aims to solve blockchain interoperability. There was also the Lightning Torch that was being passed on Twitter throughout the first quarter of 2019. The Lightning Torch is a social experiment that aims to showcase the capabilities of Bitcoin’s Lightning Network.


CoinGecko's co-founder, Bobby Ong has the following to say on the publication of CoinGecko’s Q1 report, "Q1 2019 saw Bitcoin celebrating its 10th year anniversary on 3 January 2019. This was a major milestone for Bitcoin and proves the resiliency of not just Satoshi’s creation but the cryptoasset industry as a whole. We at CoinGecko are very proud to support the cryptoasset industry since 2014 and the publication of this report is part of our goal to create more educational content to improve knowledge among participants in the cryptoasset industry.”


To read the full 2019 Q1 cryptoasset report by CoinGecko, do refer to the following links:

PDF: https://bit.ly/CoinGecko-2019-Q1-Report  


Slideshare (Made Public on 17 April 2019, 9:00 AM GMT): https://www.slideshare.net/coingecko/coingecko-2019-q1-cryptoasset-report  


About CoinGecko


CoinGecko aims to provide a 360-degree overview of the cryptoasset market. In addition to tracking cryptoasset price, volume and network value, CoinGecko also tracks fundamental data such as community growth, open-source code development, major events and on-chain metrics. CoinGecko’s objective is to elevate participants’ understanding of the fundamental factors that drive the market. CoinGecko is one of the largest and earliest cryptoasset data aggregators, operating since early 2014. It currently tracks 4,300 tokens from over 300 exchanges. For more information, visit https://www.coingecko.com.


Press Contact


Sze Jin

jin@coingecko.com

Market Research Analyst at CoinGecko


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