Today, we’re going to look at the cryptocurrency top 50 to see which coins have performed the best in 2018 so far. It’s no secret that the cryptocurrency market has been dominated by a negative trend this year, and sorting the top 50 by year-to-date performance reveals a bleak picture – in the top 50, only 3 coins (BNB, ZRX and AE) that were released before 2018 have seen gains this year. The other two, Pundi X (NPXS) and OKB (Global Utility Token) were released this year.

How to buy Pundi X (NPXS) on Binance?

Outside of these 5 coins, only Ontology (ONT), a token that was also released in 2018, has appreciated in value (+5.5% relative to when it started trading).

How to buy Ontology (ONT) on Binance?

For the purposes of this article, we’ve decided to only focus on cryptocurrencies that were available on the market on January 1, 2018.

Binance Coin (BNB)

After retracing from a $23 peak in mid January, the token issued by the Binance cryptocurrency exchange hit a low of $6.7 in early February. BNB proceeded to recover and maintained a relatively steady price since. The token allows holders to save on trading fees – if we take into account the fact that Binance is the largest cryptocurrency exchange in the world on most days, it’s easy to see why BNB has become an extremely popular token.

In the future, Binance says the token will also play a role in the Binance Chain, a blockchain developed by Binance to facilitate a decentralized cryptocurrency exchange platform. BNB supply decreases periodically because Binance uses a percentage of their quarterly profits to buy back tokens and “burn” them – the plan is to eventually halve the original 200 million supply to 100 million.

How to buy Binance Coin (BNB) on Binance?

0x (ZRX)

0x is a protocol designed to facilitate the decentralized trading of digital assets. The protocol is used by platforms such as Paradex, Radar Relay and ERCdEX. The ZRX token is used to pay trading fees to relayers and also serves as a governance token for the 0x protocol – if you hold the token, you get to have a say when changes to the protocol are proposed.

In April, ZRX embarked on a rally which took it from about $0.50 all the way to a peak of $1.93 on May 10. The token was constantly surrounded by speculation surrounding a potential listing on Coinbase because of several links between Coinbase and the 0x project. In mid-July, Coinbase named ZRX as one of 5 cryptocurrencies it is considering adding to their platform, partially confirming the rumours.

How to buy 0x (ZRX) on Binance?

Aeternity (AE)

Aeternity has technically shown a positive performance in 2018, but this observation should be taken with a big grain of salt. If you bought AE on January 1, 2, or 3, you would still be up today, but its current price of $1.41 is at one of its lowest points of the year.

Aeternity is a smart contracts platform which looks to upgrade on the standard established by Ethereum. AE is currently an ERC20 token, but Aeternity is expected to launch their mainnet in the near future and commence a token swap process. One of the platform’s unique features is that it uses a hybrid consensus protocol, incorporating both proof-of-work and proof-of-stake algorithms.

How to buy Aeternity (AE) on Binance?