2019 was a tough year for almost everything in the crypto industry. Most of the coins and tokens around have been dumping, reaching all-time lows in some cases. Nearly every asset is paired or linked to Bitcoin’s price. As a result, if bitcoin tanks and their price goes down, these assets will do it too. Pretty easy math, unless those assets are pledged tokens like stablecoins. But these worst performing altcoins are not pledged, and they have suffered, and they suffered a lot.
We have seen successful projects though this last year and promising proposals that we are looking closely at them.
We have to stay with a positive mind about this coming year. More importantly, working is a must for everyone who wants to succeed, and doing it during hard times is a crucial factor in enjoying a favorable outcome at the end of the road.
Worst performing altcoins:
If you are reading this article, it is because you are wondering if your investment last year was a complete disaster. Or maybe you are already in a red blood bath, but you are wondering if you are not the worst. OR you could be just curious about what was the worst performing altcoin last year.
unBlocked has made this list according to public information that can be check by anyone. However, we have only tracked altcoins that are top in matters of popularity, volume, and community. We are not claiming that these altcoins are useless nor that you should sell them. We are only compiling information about them.
From the worst:
1) Algorand (ALGO)
The coin $ALGO issued by Algorand Foundation was the worst performing altcoins of 2019.
At press time, its price is $0.213930. It had lost around 86% of its value last year.
2) Stellar (XLM)
The coin has lost not only value but more critical popularity among the crypto space.
At press time, its price is $0.044165. It had lost around 61% of its value last year.
3) IOTA (MIOTA)
At press time, its price is $0.158564. It had lost around 55% of its value last year.
4) NEM (XEM)
A promising product with a great team. Price is not reflecting their efforts.
At press time, its price is $0.031890. It had lost around 53% of its value last year.
5) Zcash (ZEC)
The pro-anonymity coin is struggling, and their community is already upset about the currency.
At press time, its price is $27.12. It had lost around 52% of its value last year.
6 – 7) Ripple (XRP) – DigitalCash (DASH)
We have a tie of bad price performance in this spot for the worst performing altcoins.
At press time, XRP price is $0.187934. It had lost around 47% of its value last year. Meanwhile, DASH price is $40.22, and it has also lost 47% of its value.
8) 0x (ZRX)
The famous coin ZRX wasn’t the worst performing altcoin, but still, their value has dropped a lot.
At press time, its price is $0.176103. It had lost around 39% of its value last year.
9) TRON (TRX)
Ethereum major competitor TRX (at least on twitter dApps volume), has a healthy and engaged community. No matter the support, it’s on the list.
At press time, its price is $0.012885. It had lost around 31% of its value last year.
Yesterday, 31B TRXs were unlocked, and these are now under TRON Foundation control.
10) Qtum (QTUM)
It almost made out of the list; sadly, their performance has made it gain the last position as the worst performing altcoins of 2019.
At press time, its price is $1.54. It had lost around 28% of its value last year.
We hope the best for every single team that is working hard to revert those prices and recover from this cold winter. We hope to be adding them as the “best performance altcoins of 2020.”