The crypto market gained in March as fears of a banking crisis weighed heavily on financial stocks. Within the crypto market, investors also dumped fiat-backed stablecoins such as the USD Coin in favor of more popular coins like bitcoin and Ethereum. The total crypto market gained about 10% last month. Let’s take a look at the 10 best-performing cryptocurrencies in March 2023.
The 10 Best-Performing Cryptocurrencies In March 2023
We used the March return data from coinmarketcap.com to rank the 10 best-performing cryptocurrencies in March 2023. We only considered cryptocurrencies with a market capitalization of more than $400 million as of April 1 for our list of the 10 best-performing cryptocurrencies in March 2023. Here are the 10 best-performing cryptocurrencies in March 2023.
10. Ethereum (ETH, 11%)
Launched in 2015, Ethereum works as a platform for many other cryptocurrencies. The platform’s native token ether is up by almost 47% over the last 90 days, including a gain of almost 7% in the last 60 days.
As of the time of this writing, ether is trading at $1,792.86, giving it a market capitalization of more than $215 billion. ETH has an all-time high of $4,891.70 (Nov. 2021) and an all-time low of $0.4209 (Oct. 2015).
9. Loopring (LRC, 11%)
Loopring is an open protocol that supports the development of decentralized crypto exchanges. LRC, its native token, is up by almost 82% in the last 90 days, although it is down almost 17% for the last 60 days.
At the time of this writing, LRC is trading at $0.3529, giving it a market capitalization of more than $469 million. LRC has an all-time high of $3.8272 (Nov. 2021) and an all-time low of $0.01986 (Dec. 2019).
8. Hedera (HBAR, 12%)
Launched in 2019, Hedera is an enterprise-grade public network that enables individuals and businesses to develop powerful decentralized applications (DApps). HBAR is up by over 80% in the last 90 days, including a gain of more than 2% in the last 60 days.
At the time of this writing, HBAR is trading at $0.07036, giving it a market capitalization of more than $2.15 billion. HBAR has an all-time high of $0.5701 (Sept. 2021) and an all-time low of $0.01001 (Jan. 2020).
7. Bitcoin (BTC, 21%)
Launched in January 2009, bitcoin is a peer-to-peer online currency. BTC is up by almost 66% in the last 90 days, including a nearly 17% gain over the last 60 days.
At the time of this writing, BTC is trading at $27,806.65, giving it a market capitalization of more than $537 billion. BTC has an all-time high of $68,789.63 (Nov. 2021) and an all-time low of $65.53 (June 2013).
6. Wrapped Bitcoin (WBTC, 22%)
Launched in 2019, Wrapped Bitcoin is a tokenized version of bitcoin that runs on the Ethereum blockchain. WBTC is up by over 66% in the last 90 days, including a gain of almost 17% over the last 60 days.
At the time of this writing, WBTC is trading at $27,844.07, giving it a market capitalization of more than $4.18 billion. WBTC has an all-time high of $67,011.00 (Nov. 2021) and an all-time low of $3,330.12 (Feb. 2019).
5. Stellar (XLM, 25%)
Created in 2014, Stellar aims to connect global financial systems and develop a protocol for payment providers and financial institutions. XLM is up by over 44% in the last 90 days, including a gain of more than 15% in the last 60 days.
At the time of this writing, XLM is trading at $0.1072, giving it a market capitalization of more than $2.85 billion. XLM has an all-time high of $0.9381 (Jan. 2018) and an all-time low of $0.001227 (Nov. 2014).
4. XRP (XRP, 40%)
Launched in 2021, this ledger offers a range of apps and use cases related to payments, including micropayments, DeFi and NFTs. XRP is up by over 50% in the last 90 days, including a gain of almost 28% over the last 60 days.
At the time of this writing, XRP is trading at $0.5236, giving it a market capitalization of more than $27 billion. XRP has an all-time high of $3.8419 (July 2018) and an all-time low of $0.002802 (July 2014).
3. XDC Network (XDC, 47%)
Founded in 2019, XDC is an enterprise-grade blockchain compatible with Ethereum Virtual Machine (EVM) and equipped with interoperable smart contracts. It was formerly called XinFin Network. XDC is up by almost 66% in the last 90 days, including a gain of almost 49% over the last 60 days.
At the time of this writing, XDC is trading at $0.04216, giving it a market capitalization of more than $582 million. XDC has an all-time high of $0.1939 (Aug. 2021) and an all-time low of $0.0001571 (June 2019).
2. Mask Network (MASK, 54%)
Launched in July 2019, MASK is a protocol that enables users to send encrypted messages on Facebook and Twitter. MASK is up by almost 165% in the last 90 days, including a gain of almost 36% over the last 60 days.
At the time of this writing, MASK is trading at $5.82, giving it a market capitalization of more than $443 million. MASK has an all-time high of $97.92 (Feb. 2021) and an all-time low of $0.9752 (Oct. 2022).
1. Conflux (CFX, 94%)
Founded in 2018, Conflux aims to power dApps (decentralized applications), e-commerce, and Web 3.0 infrastructure by improving upon existing protocols. CFX is up by almost 1,591% in the last 90 days, including a gain of more than 592% over the last 60 days.
At the time of this writing, CFX is trading at $0.3831, giving it a market capitalization of more than $1.6 billion. CFX has an all-time high of $1.7038 (Mar. 2021) and an all-time low of $0.02191 (Jan. 2023).
This article originally appeared on ValueWalk
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
