We've just released our 2019 Q1 Cryptocurrency Report!

in coingecko •  6 years ago 

The Report is Out!!

CoinGecko is proud to announce the release of our seventh quarterly crypto report – the 2019 Q1 Crypto Report. This 48-page report gives an overview of the state of the cryptoasset market and the major events that happened in the first quarter of 2019.

This quarterly report was made possible with the collaboration of Dapp.com, EthHub, Cent, The Bounties Network, and Kyber Network. Together, these 5 companies helped contribute to the decentralized apps (Dapp) and Ethereum ecosystem sections of the report.

CoinGecko Separator.png

Market Dynamics

In the first quarter of 2019, total network value of all cryptoassets were up 16.23%. Among the top 5 coins, most saw a positive increase in price with Litecoin and EOS seeing the best returns of 103% and 66% respectively. Bitcoin and Ethereum saw modest growth of 11% and 8% while XRP saw its price declined by 11%.

This quarter saw Ethereum claiming back its position as the second most valuable cryptoasset by network value. There were 3 new entrants to the top-30 list – Cosmos (ATOM), Basic Attention Token (BAT) and Crypto.com Chain (CRO).

Exchange-based tokens saw strong growth with OKEx’s OKB token and Binance Coin (BNB) being the largest gainers, gaining 6 and 5 places respectively. With the increase, Binance Coin (BNB) is now in the top-10 list ending the quarter in 8th position.

For this quarter’s report, we have decided to highlight major events that happened in each month.

January : MimbleWimble

January saw the launch of two new coins, Grin and Beam, which makes use of a new privacy protocol called MimbleWimble. The launch of both these coins were highly anticipated as it represents a fundamental improvement to blockchain privacy and scalability.

February : Initial Exchange Offering (IEO)

Initial Exchange Offering (IEO) became a major topic of discussion for February. IEO became popular after the wildly successful token sale of the Bittorrent (BTT) on Binance Launchpad. The successful Bittorrent IEO made other exchanges took notice and rushed to start their respective IEOs.

That being said, it remains to be seen if the IEO trend can sustain. Looking at the return of the three Binance Launchpad IEO in February, we can see that returns have been decreasing and that purchasers have been dumping the tokens immediately after market became open for trading.

March : Cosmos

March saw the launch of Cosmos (ATOM), a project that aims to solve blockchain interoperability. We spend some time going through the details of Cosmos in this report.

Lightning Network

Quarter 1 also saw the Lightning Torch being passed on Twitter. The Lightning Torch is a social experiment that aims to showcase the capabilities of Bitcoin’s Lightning Network.

We end the Q1 report with an overview of Dapps and a highlight of 4 Ethereum ecosystem projects.

Free to Download

Similar to our previous reports, the 2019 Q1 CoinGecko Crypto Report is free to download and access. We have attached a Slideshare embed below for your quick perusal. Full PDF report is available for download via the link here.

If you have any comments or suggestions to improve our quarterly report, do drop us an email at [email protected] and we would love to hear from you.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Look at those neat sheet and stats! And so honored to be part of it!

Posted using Partiko iOS

Wouldn't be possible without the help from your awesome team!

This report is incredible! It looks amazing, and is absolutely jam-packed.

The user activity on Dapps is incredible. I thought the Steem apps did well, but their overall user base is so much smaller than the others. I guess it's a case of fewer apps but higher daily activity.

I can't get over how amazing and professional this report is... I'm going to have to read it again. So much to unpack... I knew a little bit about most of these projects, but certainly not in the detail you've provided. Thanks for sharing!

The DApp numbers are very interesting although it is still heavily tilted towards gambling. At this point, that is the biggest use case for blockchain DApps.

There's no denying that. On the hand, historically, the first use cases for the internet also happens to be gambling. It should seem that it is the natural adoption curve of good world-changing technologies.

Glad you loved it! We've designed the content within this report in such a way that it doesn't matter who's reading - crypto newcomer all through professional researchers, all have something to gain out of it.

The size of Steem's userbase does look small when placed side-by-side against other networks. Even so, it's undeniable that we're seeing growth regardless.

Take your time! and if you're happy to share what you've learned, we're more than happy to read it!

Thanks for this thorough insight in the market (and good to see it a little more bullish again^^).

$rewarding 100% 15min

It IS a cause for celebration - maybe not celebration, more like relief, to see the bear taking the backseat for a change.

We hope you get some good info out of it, also it'd be super awesome to read your opinions or comments from what you learn out of the report if you're inclined to share!

Coingecko is my preference when I check coin status, prices and the chart... With this it is easy to use because one has only to fill the amount to be converted and right away, one knows how much is expected in the conversion in seconds... Good platform.

Thank you for your feedback! Have you tried the CoinGecko App yet? Now you only need to open the app and see the charts immediately - no need open browser and search!!

Let us know what you think and hopefully show some 5-star love in the app store? 😍

Download it here

Looking forward to reading through this as the ever evolving marketplace gets more interesting every quarter. The report demonstrates the great resources you guys have created so keep up the great work!

Posted using Partiko iOS

Hope you like it and get the most out of it!

Do share your thoughts and comments about the report if you are willing to do so, we'll be more than happy to read about it!

Hopefully it will keep rising and not see another huge crash like before

That is our hope too!

🎁 Dear @squidben1,

SteemBet Seed round SPT sale is about to start in 2 days!

When our started the development of SteemBet Dice game, we couldn’t imagine that our game would go so viral and that SteemBet would become one of the pioneers in this field.

In order to give back to our beloved community, we’ll distribute 4000 STEEM to SPT holders immediately after Seed sale. Plus, investors in this earliest round will be given 60% more tokens as reward and overall Return on Investment is estimated at 300%!

Join the whitelist on SteemBet webiste now and start investing! Feel free to ask us anything on Discord https://discord.gg/tNWJEAD

spt-sale-2-day.jpg

We’ve come to trust in your ability to deliver good and trustworthy services @coingecko, thanks for the 2019 Q1 Cryptocurrency Report.

Posted using Partiko iOS

Thank you for the heartwarming feedback! we'll continue to improve our services and learn by listening to our fan community. After all, it is people like yourselves who allowed us to be the best at what we do.👐

Hi @coingecko
Fantastic work to prepare this quarterly report the cryptocurrency performance.
I like using your website and you're in bookmark of my browser.

Posted using Partiko Android

we're glad to hear that! Have you tried our official app too? Now you can get the latest price of your favourite literally on the palm of your hand!!

Download the App here!

Thanks @coingecko
I didn't know that you have app also.. Just now downloaded the app it works superfast and easy to use UI. Thanks for sharing app link with me.
Since I wasn't aware about your app so i think There must be many people who don't know. I would like to review your app. Would you like that?

Posted using Partiko Android

Thank you so much for sharing this great info, you're awesome.

Posted using Partiko Android

Thanks! we hope you like it!

Dear @coingecko ,
Good report on crypto.
Gains and losses.
Always use your website to check prices.
Thank you for the efforts to keep us updated.

Posted using Partiko Android

Thank you! Have you tried the CoinGecko App yet? Let us know what you think and maybe give some feedback on the App store?✌️

CoinGecko Official App

When will you guys choose the winner of the decentraland contest

Posted using Partiko iOS

The winner has been announced on Twitter!

Take a look and see if you're one of the lucky ones!

🎁 Dear @xemurai,

SteemBet Seed round SPT sale is about to start in 2 days!

When our started the development of SteemBet Dice game, we couldn’t imagine that our game would go so viral and that SteemBet would become one of the pioneers in this field.

In order to give back to our beloved community, we’ll distribute 4000 STEEM to SPT holders immediately after Seed sale. Plus, investors in this earliest round will be given 60% more tokens as reward and overall Return on Investment is estimated at 300%!

Join the whitelist on SteemBet webiste now and start investing! Feel free to ask us anything on Discord https://discord.gg/tNWJEAD

spt-sale-2-day.jpg

Making the report with the team was awesome! I might just make a post to talk about some of the cool stuff in there.

Great report! thanks

Great infos, thanks for keeping us up to date.

Posted using Partiko Android