With this universe in mind, we examined how many tokens in the top 150, on any given day, outperformed bitcoin over the next year. At certain points in 2019 and 2020, it seems like beating bitcoin was easy, with many tokens beating it by a wide margin (north of 1000% over bitcoin’s own generally stellar return, on average). What’s more, it used to not require too much exploration out of the scale of market cap to find the tokens beating bitcoin, with an average market cap rank of the outperformers of ~30 pre-2020.
Related posts
-
Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M ‘Gift to Shareholders’
Microstrategy’s treasury operations secured 3,177 bitcoins last week—worth $299 million—intensifying its aggressive BTC acquisition push and... -
Bitcoin Technical Analysis: Market Indecision Holds Prices in a $3K Range
Bitcoin has danced between $95,575 and $96,050 in the past hour, boasting a market cap of... -
Public Canadian Firm Swaps CAD for BTC: Matador Technologies Joins the Bitcoin Treasury Revolution
According to an announcement unveiled on Monday, Matador Technologies Inc., a Canadian publicly listed outfit, declared...