TOP 10 best performing cryptos with premiere listing in 2020

ICO Analytics, a digital currency market analytics platform, recently reviewed the ten best cryptocurrencies with an exponential kind of growth in value despite they barely had their premiere listing this year. Most of these cryptocurrencies happened to be the native digital currency of decentralized finance (DeFi) protocols. The valuation of the DeFi market itself surged significantly since the beginning of the year.

From as low as US$675 million on January 1, the entire assets locked in the decentralized finance market grew to the present value of US$14.02 billion, according to the information provided by DeFi Pulse. The increase in DeFi market value represents almost 2000 percent growth. 

Best Performing 2020 Coins

The best performing cryptocurrency with a premiere listing this year is the SORA (XOR) cryptocurrency, according to the market infographics from ICO analytics. SORA presents itself as a new economic system that decentralizes the concept of a central bank. Its native cryptocurrency, XOR had its primary market on the leading decentralized exchange (DEX), Uniswap, with a market capitalization of $42 million.

Best coin returns for 2020

1. XOR 133,700%
2. YFI 3,300%
3. ORN 3,200%
4. VELO 2,200%
5. STAKE 2,200%
6. BZRX 1,400%
7. JST 1,300%
8. KAI 1,100%
9. ALPHA 1,100%
10. ALEPH 1,100%

The XOR crypto is the best 2020 crypto in terms of price growth, given that the value skyrocketed by 1,337 times since the listing on Uniswap. XOR currently trades at US$118 on CoinGecko at the time of writing. The token is followed by the yearn.finance (YFI), one of the leading protocols in the DeFi market. Binance is reportedly the primary market for the YFI token, which surged by 33 times since launch. The token’s market cap is around US$772 million.

The third-to-tenth best performing new cryptos in 2020 includes the Orion token (32x), Velo token (22x), Stake (22x), BZRX token (14x), Just token (13x), KardiaChain token (11x), ALPHA token (11x), and ALEPH token (11x). This set of cryptocurrencies have a market valuation above US$274 million combined.