Biggest Crypto Price Movements of 2019

The start of 2020 is a great time to look at the path travelled by cryptocurrencies up and down the price charts and analyze how these coins have been performing throughout the previous year. The prices of most cryptocurrencies changed tremendously throughout 2019, as the year started off slow but then saw most cryptocurrencies jump in value over the first six months.

However, some like Luna Coin (LUNA) exhibiting a considerable growth of 48,900%. Others, such as Lumen (XLM), lost more than half their price value and tumbled from the pedestal of crypto glory. DogeCoin (DOGE) demonstrated the lowest volatility, which is entering 2020 at the same price as 12 months ago.

How did the leaders act?

Bitcoin (BTC)

Year-to-date: +87%

The biggest move: +282% over six months

The king of cryptocurrencies dominated the price charts throughout 2019, gaining 282% in value over just half a year, and with its biggest 24-hour loss constituting a 10% drop on July 11. Bitcoin demonstrated that slump — which lasted just a few minutes — after United States lawmakers criticized Facebook’s Libra.

The price of Bitcoin grew from $3,400 to almost $13,000 over the first six months of the year, levels it had not seen since January 2018. The hike in price was accompanied by the combined and consequent growth of other cryptocurrencies trailing Bitcoin’s lead. However, the same cannot be said about the second half of the year, as the BTC market consistently experienced bearish moods.

Ether (ETH)

Year-to-date: -12%

The biggest move: +139% over six months

The number two cryptocurrency had a rather interesting year, finishing it up in the green after adding 139% over the first half of the year. However, the second half of 2019 was marked by its worst drop of 36% over a 10-day period in July.

2019 was quite a busy year for ETH, which tripled in value in the first half of the year. On June 26, the exchange rate reached its peak with a 139% spike over a six-month stretch, showering the battered crypto community with much-needed optimism.

The biggest gains of 2019

2019 proved to be quite a lucrative year for some participants of the crypto market. The biggest growth was exhibited by assets such as Luna Coin, Chainlink and Matic.

Luna Coin (LUNA)

Year-to-date: +25,000%

The biggest move: +48,900% over a day

The LUNA charts look like the cardiogram of a patient who woke up from a coma. After eight months of hibernation, the coin surged sharply by 48,900% on Aug. 19, setting the absolute record for daily growth. However, the flight was short-lived, with LUNA collapsing a day later to its previous performance levels.

Nevertheless, by the end of the year, the coin managed to regain its position and now is on the list of the most profitable assets, showing a year-to-date growth of 25,000%. Since the beginning of the year, the price of the token has increased from $0.001 to $0.25.

Bitcoiin (B2G) 

Year-to-date: -99%

The biggest move: +3,500% over a week

B2G, a fork of Bitcoin, has made the list of 2019’s biggest gainers with a 3,500% return over the course of a week. The coin multiplied its price in early February, surging from $0.02 to $0.70. However, since July 2019, the project has been demonstrating almost no activity and trading volumes of between $0.50 and $5.

Seele (SEELE)

Year-to-date: +2,640%

The biggest move: +2,640% over a year

Ethereum-based token Seele made the list of 2019’s biggest gainers, with year-to-date twenty-sevenfold price growth, having entered 2019 with a price of $0.005. At the moment, Seele is valued at $0.137 per coin, which has made its investors profitable despite the cryptocurrency market’s recent overall bearish mood.

Ethereum Meta (ETHM)

Year-to-date: -98%

The biggest move: +1,100% over 2 days

On Dec. 23, the little-known Ethereum Meta token made headlines, having risen in price from $0.000001 by 1,100% in just 48 hours. Notably, the daily trading volume of the coin was only $87 at that moment. After continuing its flight to the moon on Dec. 25, ETHM dropped by 97%. Since the beginning of 2020, ETHM has been experiencing some great volatility.

ETHM has seen possible two pump and dumps since the start of the year. Source: Coin360.com

The project founders did not make any statements regarding the price fluctuations, and its social network accounts have been inactive for two months. This may indicate that the coin was intentionally pumped and dumped.

Matic (MATIC)

Year-to-date: +285%

The biggest move: +1,233% over a month

As Matic aimed to attract developers by offering them a way to deploy and run decentralized applications securely, its token price surged by 1,233% over the course of May. However, a 52% price drop over a period of one week ensued during that same month.

In late April, Matic was listed by exchanges with its initial trading price of $0.003, but its value reached a peak price of $0.04 on May 21, rising tenfold over the course of a month. In mid-November, the coin’s price started growing rapidly, setting its an all-time high…

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