March 2018: A Tumultuous Month for Cryptocurrency
Major Headlines Dominating the News
March 2018 proved to be a turbulent month for the global cryptocurrency community, with a series of significant events making headlines:
Bill Gates Criticizes Bitcoin
Bill Gates, the billionaire co-chair of Microsoft, expressed skepticism about Bitcoin's value, calling it "a speculative asset" similar to a lottery ticket.
Stellar's Rise and Potential
Stellar (XLM) experienced a surge in interest, temporarily becoming the third-largest cryptocurrency. Analysts projected its potential for significant profitability.
Daily Cryptocurrency Market Data
A dataset emerged, providing daily data on global market capitalization and transaction volume for cryptocurrencies, offering insights into market dynamics.
Top 50 Cryptocurrencies of 2018
Analysts examined the performance of the top 50 cryptocurrencies, identifying those that had performed exceptionally well during the year.
Ethereum's Growth
Ethereum (ETH), the second-largest cryptocurrency, gained popularity due to its utility and adoption by companies and game developers.
Cardano's Ascent
Cardano (ADA) rose to become the third-largest cryptocurrency, surpassing Tether (USDT) in market capitalization.
Ontology's Airdrop
Onchain, the parent company of Ontology (ONT), distributed ONT tokens to NEO (NEO) holders, further boosting ONT's value.
Top 10 New Cryptocurrencies of 2017
Of the top 50 cryptocurrencies by market capitalization, 10 emerged in 2017, highlighting the rapid growth of the industry.
Meme Coin Surge
Book of Meme (BOME), a meme coin, experienced a remarkable surge in value, demonstrating the volatility and potential of the cryptocurrency market.
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