Top analyst shared a '2022 shopping list' of altcoins one year ago; Is he underwater? w/bccponzi
On Dec. 30, 2022, anonymous Twitter commentator Shitcoin minimalist shared the performance demonstrated by all assets from Cochran's portfolio. It appeared that the CAP token is the best performing asset on this list: it only lost 33% of its price in 2022.
By contrast, some of the tokens mentioned by the analyst lost over 95% . Keep3rV1 , Helium , Perpetual Protocol , Futureswap , Hundred Finance were among the worst performers with 95-98% losses. Babylon Finance lost over 99.9% of its price: since mid-November 2021, its price dropped from $216 to $0.06.The Flux token that was labeled"strong outperform" lost 98% of its price.
Meanwhile, Ethereum's price only declined by 68.7%; Bitcoin's price dropped by 64.8%. Bitcoin and Ethereum look like"safe haven assets" amid the painful crypto market plunge. The net capitalization of cryptocurrency markets dropped by almost 61%. On Nov. 22, 2022, cryptocurrency market capitalization reached its bottom below $780 billion.