The beginning of the year 2021 has proven to be filled with rallies and bullish runs and the second month of the year has been even better. Throughout the month of February, cryptocurrency tokens and assets have continued to experience high surges and are constantly rallying.
It has been revealed that the top 100 tokens that emerged with the highest gains in market capitalization for the month of January have continued with their success in February.
While the rest of the top 100 tokens continued with their bullish run and achieved new heights in February, only two tokens ended up experiencing a bearish run.
In the last week of February 2021, the entire cryptocurrency industry ended up in the reds. Even then the top 100 tokens managed to remain in the greens except for 2. This has turned out to be extremely promising and motivating for the entire cryptocurrency industry.
Throughout the month of February 2021, the overall growth crypto-industry has experienced towered over the last week’s crypto-market dip.
When it comes to the top 10 cryptocurrencies, things worked out even better for the particular assets. As per data from crypto-data analyzing firms, the top 10 cryptocurrencies continued gaining growth and market capitalization. These currencies experienced constant rallying in the month of February and none of them experienced a dip in their prices.
When talking about the top 10 cryptocurrencies in the month of February, it would be unfair if the top 2 cryptocurrencies are not mentioned. Although Bitcoin (BTC) and Ethereum (ETH) did experience a dip in the month of January, the month of February turned all green for both of them.
It was the month of February when Bitcoin (BTC) managed to achieve its all-time high of $59k per BTC. On the other hand, Ethereum (ETH) ended up crossing the $2k per ETH benchmark and continued hitting all-time highs.
Throughout the month of February, Bitcoin (BTC) has managed to shock the entire investment community. The platform has seen many mainstream institutions join Bitcoin’s bullish run in the month of February. It was the month of February when Bitcoin (BTC) ended up crossing the $1 trillion market capitalization.
Despite the gains and rallies gathered by the top 10 cryptocurrencies, Binance Coin (BNB) has managed to win the race with respect to growth.
In the month of February, Binance Coin (BNB) has gained 427% growth with respect to price and market capitalization. As a result of the rallying, Binance Coin (BNB) has earned the 3rd stop in the top 3 cryptocurrencies in terms of market capitalization.
After Binance Coin (BNB), the cryptocurrencies on the second and third spot are Cardano (ADA) & Polkadot (DOT). In the month of February, ADA gained 275% growth while DOT gained 103% growth respectively.