If you are an old member of the crypto community or even if you are a new enthusiast but have been doing much research in the market, then you might have already realized that the market in most of 2018 experienced major downtrends that caused a dip in the market value through to the first quarter of 2019.
This was a huge blow, basically due to the fear of the crypto market dying off as many pessimistic analysts made us believe. However, the market seems to have a brighter appearance now as things have changed to a recent uptrend with positive predictions of a bullish market for the end of 2019.
Moving forward, we have realized a common trend from the top cryptocurrency bitcoin, taking along a few altcoins in the market when soaring up, which is not so good for others.
In my research, I found out that there are even top cryptocurrencies that might still remain stagnant even in a widely bullish market. Therefore, let’s look at 3 top cryptocurrencies that seem not ready for the bull market.
- Stellar (XLM)
- Ripple (XRP)
- Cardano (ADA)
Stellar may have fallen below expectations and might have been a bit disappointing for many, but I and many others also think Ripple’s XRP should bear the title of the worst-performing top cryptocurrency in 2019 as its price performances have been one of the biggest disappointment for the community.
Ripple is on the third position on the top cryptocurrency list by market valuation and is one of the most projects with a lot of partnerships in the crypto space, especially when it comes to collaborating with financial institutions.
Yet, XRP investors have not been gaining as they expect since the market trend of the cryptocurrency has just been in a pump and dump trend.
Cardano for me is just living below standards and there’s not much to talk about this cryptocurrency. Nonetheless, the Cardano team have announced positive development for the year, which can make ADA price to soar but has still taken no positive effect despite the market going bullish recently.
I think analyzing all indicators, these three cryptocurrencies seem to be going nowhere this year regardless of its top positions, smart contracts, partnerships, and developments.