With the entire cryptocurrency sector experiencing a downfall in general, everyone is looking for cryptocurrencies that are promising and profitable. Unfortunately, there aren’t many that have managed to have a profile in all greens because global affairs tend to impact the entire crypto-verse.
Fortunately, there are a handful of cryptocurrencies that have delivered high performances despite all the crypto downfalls. Let us go through some of these cryptocurrencies to assess their current market situation.
THORChain’s 11.41% YTD Growth
From the start of the running year, the majority of the cryptocurrencies have been experiencing negative growth. Despite earning a few greens in the past 3-month run, their weighted growth rate has been in the negatives.
Surprisingly, THORChain has managed to achieve a positive growth rate since the start of 2022 and it is still performing well compared to other major cryptocurrencies.
The data from CoinMarketCap shows THORChain’s value has grown by 11.41% from year-to-date (YTD). As for the past 90-day, 60-day, 30-day, and 7-day price analysis, THORChain has observed 33.99%, 28.65%, 84.65%, and 63.92% growth rates respectively.
Even the past 24-hour performance analysis for THORChain shows it has grown by 16.84%. The current trading price of the RUNE/USDT pair is $8.21 and it is constantly growing higher.
If the price of THORChain continues growing, it may soon rise up to $8.90 per RUNE. If the acquisition power of THORChain remains persistent and the rallies keep forming, then THORChain may get pushed up to $9.27 per RUNE. With more investors joining the cause, the price of THORChain may rise up to $9.47 per RUNE.
Zcash’s 3.19% YTD Growth
Zcash may not have witnessed a growth rate as high as THORChain, but it has also managed to remain within the positive zone from the start of 2022. The YTD growth rate for Zcash is 3.19% and its value has only grown higher in the lower price analysis ranges.
In the past 90-days, Zcash grew 5.48% in value, then 8.90% in the past 60-days, and 19.63% in the past 30-days respectively. As for the past 7-days, Zcash’s value has grown by 13.69%, and the past 24-hour growth rate was 8.30%.
At the time of writing, Zcash’s value is at $154.74, and with the growth going up, the value of Zcash may surge to $161.16 per ZEC. If the bulls keep going for higher gains, then Zcash may grow up to $167.84, and then $174.81 per ZEC.
Apart from the above, cryptocurrencies such as Kyber Network Crystal v2 (KNC), STEPN (GMT), and MXC (MXC) have also demonstrated high YTD gains.
From YTD, KNC’s value has recorded a 133.36% surge, GMT’s value has recorded a 354.61% surge, and MXC’s value has recorded a 110.77% surge.