Top 5 cap crypto assets, binance soars 935% ytd

The performance growth of crypto assets is the highest compared to other investment instruments. Here are the five highest performing crypto assets with the largest capitalization based on Coinmarketcap.com as of Monday (7/6), at 14:00.

At the top spot, binance coin (BNB) posted the highest performance, at 935.61% year to date (ytd) to US$ 394.98.

Meanwhile, in second place was the cardano coin (ADA) whose performance rose 789.90% ytd to US$1.71. In third place, the performance of ethereum (ETH) rose 276.70% ytd to US$ 2,765.

Meanwhile, the price of bitcoin (BTC) only rose 33.81% ytd to US$ 36,126. Meanwhile, the performance of tether (USDT) strengthened 0.14% ytd to US$1.

Triv CEO Gabriel Rey said, Binance, which is a decentralized finance (DeFi) coin, has very strong fundamentals. For information, the DeFi system has the goal of creating convenience for public financial services.

Gabriel said, Binance’s prospects are bright because crypto asset users definitely need an exchange and yield farming or earn interest from their crypto assets. This is different from altcoins which have negative catalysts such as the market does not yet exist and investors often speculate.

“The demand for DeFi is really there, the market is clear and continues to grow along with the use of crypto,” Gabriel said, Tuesday some time ago.

Especially for binance, Gabriel believes that the coin is superior to ethereum because the DeFi ecosystem and the Binance exchange are very large. “Remember in the old gold rush, it was the seller of gold mining equipment that still profited and here in bull market binance it was the equipment seller,” Gabriel said.

Automatically, the binance token will increase in rhythm with the increase in users on the binance exchanger and the coin’s DeFi ecosystem.

Meanwhile, the potential for bitcoin price growth still exists amid the coin’s growing capitalization. Not surprisingly, Gabriel said the overall growth potential of crypto assets is higher than other investment instruments that already have a large market.

“The growth potential for crypto assets is higher and makes investors with a high risk appetite enter crypto assets, especially in the midst of low interest rates,” Gabriel said.

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