Open venezuela01 opened 1 year ago
venezuela01
commented
1 year ago Top1000_CoinMarketCap_Sorted.csv
The data source was scraped from CoinMarketCap with minimal post-processing. It is attached for anyone interested in semi-independently validating the conclusions.
venezuela01
commented
1 year ago See also ORC-8
Paul1804
commented
1 year ago Price Performance Analysis of Top 1000 Crypto Assets and Their Implications for Oxen
The Oxen token price has fallen from its all-time high of $2.35 on April 23, 2021, to $0.79, registering a loss of 96.62%.
This study extracts price information from the top 1000 and top 100 crypto assets listed on CoinMarketCap and compares their current prices with their respective all-time highs.
Although analyzing market capitalization would offer a more accurate reflection of the value of crypto projects—especially inflationary tokens like Oxen—we opted for price data. Our marketcap data source from TokenInsight lacks a sufficiently long historical record to capture the peak in the last bull market. Therefore, we use token price as a proxy to measure value change.
Percentile Table for Top 1000 Crypto Assets
Percentile Price Change Percentage 10th -99.371 20th -98.660 30th -97.856 40th -96.800 50th -95.230 60th -93.970 70th -91.207 80th -84.996 90th -67.498 As the percentile table indicates, the majority of the top 1000 crypto assets have suffered substantial declines, with a median fall exceeding 95%. Oxen's decline of 96.62% aligns closely with the broader market.
Scatter Chart Analysis by Market Cap
After breaking down the data by each crypto asset's current market capitalization, we plotted a scatter chart comparing market cap with the percentage of price change. The chart reveals that most crypto assets exhibit uniformly poor performance, irrespective of their market cap. In other words, leading projects only slightly outperform the tail end of the top 1000 in terms of price changes.
Percentile Table for Top 100 Crypto Assets
Percentile Price Change Percentage 10th -97.173 20th -95.952 30th -93.648 40th -92.136 50th -88.245 60th -84.228 70th -70.579 80th -61.396 90th -26.198 Half of the top 100 assets have fallen more than 88% from their all-time highs.
It's worth noting that Oxen's performance isn't positive; its market cap ranking has dropped from around 500th from its peak to approximately 1000th at the moment. However, this study provides quantitative data that enables balanced decision-making. The price drop in Oxen should not be exclusively attributed to its privacy features. Instead, our analysis shows that Oxen's price decline is in line with the macroeconomic trends affecting the majority of crypto assets.
You're correct. They should take their time and carefully consider the situation. The optimal approach is to focus on enhancing their current product and implementing more assertive marketing strategies.
Price Performance Analysis of Top 1000 Crypto Assets and Their Implications for Oxen
The Oxen token price has fallen from its all-time high of $2.35 on April 23, 2021, to $0.79, registering a loss of 96.62%.
This study extracts price information from the top 1000 and top 100 crypto assets listed on CoinMarketCap and compares their current prices with their respective all-time highs.
Although analyzing market capitalization would offer a more accurate reflection of the value of crypto projects—especially inflationary tokens like Oxen—we opted for price data. Our marketcap data source from TokenInsight lacks a sufficiently long historical record to capture the peak in the last bull market. Therefore, we use token price as a proxy to measure value change.
Percentile Table for Top 1000 Crypto Assets
As the percentile table indicates, the majority of the top 1000 crypto assets have suffered substantial declines, with a median fall exceeding 95%. Oxen's decline of 96.62% aligns closely with the broader market.
Scatter Chart Analysis by Market Cap
After breaking down the data by each crypto asset's current market capitalization, we plotted a scatter chart comparing market cap with the percentage of price change. The chart reveals that most crypto assets exhibit uniformly poor performance, irrespective of their market cap. In other words, leading projects only slightly outperform the tail end of the top 1000 in terms of price changes.
Percentile Table for Top 100 Crypto Assets
Half of the top 100 assets have fallen more than 88% from their all-time highs.
It's worth noting that Oxen's performance isn't positive; its market cap ranking has dropped from around 500th from its peak to approximately 1000th at the moment. However, this study provides quantitative data that enables balanced decision-making. The price drop in Oxen should not be exclusively attributed to its privacy features. Instead, our analysis shows that Oxen's price decline is in line with the macroeconomic trends affecting the majority of crypto assets.