Despite the ups and downs and regulatory twists, cryptocurrencies made a serious comeback this year. The price of the world`s largest and most expensive digital coins, Bitcoin and Ethereum, more than doubled in the past months, while many other cryptos have also seen a double-digit price increase. Still, that is nothing compared to the growth of OKB Coin and Lido DAO, the two best-performing cryptos in the last year.
According to data presented by BitcoinCasinos.com, OKB Coin and Lido DAO are the only two cryptos with three-digit price growth, surging by a massive 259% and 127% year-over-year.
More than 97% of OKB Holders Gained from Their Investments
The native token of the OKEx crypto exchange, the European offshoot of China’s OKCoin, has seen its price skyrocket in the past year, despite the headwinds and setbacks brought by the crypto winter. While most cryptocurrencies saw their valuations plunge in the second half of 2022, OKB`s price continuously grew and hit an all-time high this year.
According to IntoTheBlock data, the OKB token was the best-performing crypto in the past year, with its price surging by a massive 259% between June 2022 and June 2023. Last week, the market cap of OKEx crypto exchange`s native token stood at $39.4bn, ranking as the 24th largest coin in the crypto space. Moreover, statistics show over 97% of crypto investors who purchased OKB tokens gained from their investment, and only 1.9% have lost money.
Lido DAO ranked as the second best-performing coin in the crypto space, with a 127% price growth year-over-year. Last week, the market cap of the world`s 30th largest cryptocurrency amounted to $1.6bn, with a price of a single Lido DAO standing at $1.77, up from $0.80 a year ago. But despite its triple-digit price increase, Lido DAO brought gains to only 25.5% of its holders, while the vast majority, or 67.8% of investors, saw negative returns on their investments.
OKB Coin Saw Almost 15x Bigger Price Growth than Ethereum, the Eight Best-Performing Crypto
Although cryptocurrencies made a serious comeback this year, many of the world`s largest digital coins, including Bitcoin, are still below last year`s valuations. Last week, Bitcoin`s price stood at around $25,800 or 6.1% less than in June 2022.
The IntoTheBlock data show Ethereum was the only crypto among the top ten by market cap that ranked on the best-performing list. The world`s second-largest digital coin was also the eighth best-performing, with its price growing by almost 18% year-over-year, or 15 times less than the leading OKB.
Polygon ranked one spot above Ethereum, with a 21.5% price increase in this period. Statistics show Quant, Litecoin, and TON were the only three cryptos close to OKB and Lido DAO growth rates, with their prices jumping by 93.9%, 55.4% and 38.8% year-over-year, respectively.