27.05.21

Analysis of top-100 coin behaviour during and after the market crash (part 1)

In today's article, analysts at ICB Fund search for coins that have best recovered their value following market contraction.

The article also examines coin trajectories following the April 14-25 period, during which Bitcoin shed 27.57% of its value.

Below are coins in the top-100 by capitalization that have seen the quickest recoveries following the April 14-25 market contraction (single-day and single-week growth dynamics following coin-value contraction are examined).

3 coins that performed better than the market and grew during the overall contraction additionally made the list.

DOGE: 1 day — 13.34%, 1 week — 78.71%

MATIC: 1 day — 49.42%, 1 week — 126.36%

ETC: 1 day — 13.08%, 1 week — 78.61%

AAVE: 1 day — 17.19%, 1 week — 53.23%

MKR: 1 day — 11.38%, 1 week — 70.44%

BSV: 1 day — 13.88%, 1 week — 61.16%

HT: 1 day — 11.38%, 1 week — 74.76%

RUNE: 1 day — 23.12%, 1 week — 57.06%

AVAX: 1 day — 23.67%, 1 week — 74.66%

COMP: 1 day — 21.11%, 1 week — 51.75%

TEL: 1 day — 20.43%, 1 week — 256.96%

WAVES: 1 day — 56.94%, 1 week — 194.04%

ZIL: 1 day — 20.07%, 1 week — 61.32%

ONE: 1 day — 54.54%, 1 week — 56.95%

DGB: 1 day — 21.30%, 1 week — 52.09%

NANO: 1 day — 22.53%, 1 week — 57.95%

ONT: 1 day — 19.99%, 1 week — 56.97%

OMG: 1 day — 16.11%, 1 week — 55.44%

FTM: 1 day — 37.47%, 1 week — 157.17%

OKB: 1 day — 10.28%, 1 week — 177.14%

RVN: 1 day — 30.39%, 1 week — 54.10%

BAKE: 1 day — 22.82%, 1 week — 578.69%

SOL: This coin performed better than the market, growing by 92.26% between April 14-25 as the market contracted

CAKE: This coin performed better than the market, growing by 42.03% between April 14-25 as the market contracted

LUNA: This coin performed better than the market, growing by 24.21% between April 14-25 as the market contracted

Conclusions:

The strongest single-day rebounds following contraction were achieved by:

WAVES — 56.94%
ONE — 54.54%
FTM — 37.47%
RVN — 30.39%
RUNE — 23.12%

The most significant single-week rebounds following contraction were achieved by:

BAKE — 578.69%
TEL — 256.96%
WAVES — 194.04%
OKB — 177.14%
FTM — 157.17%

Coins that showcased the most strength relative to the market, growing during market contraction: SOL, CAKE, LUNA.

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