Tron(TRX), Cardano(ADA), NEM(XEM), & Monero(XMR) – May turned out to be a rough month for the total cryptocurrency market, as 100 billion dollars was lost in just 31 days.
Source: CoinMarketCap[1]
Many of the top 25 cryptocurrencies saw considerable losses, and only two had any sort of price gains. We’ve broken down how well each coin performed this month, and all prices were taken from the historical data provided by CoinMarketCap[2].
Crypto in May – the Losers
In May, most of the coins suffered but some performed better than others. These are the top 5 coins who lost the most this month.
QTUM crumbled in price this month, as it started the month out at $22.21 a coin and ended the month at $13.29. QTUM had losses of -40.16%, in 31 days.
NEM was the second-largest cryptocurrency with losses this month, starting at $0.408 a coin and ended the day with $0.245. XEM has losses of -39.95% in May.
OmiseGo was the third cryptocurrency with the most losses starting the month at $16.81 a coin and dropped to $10.53. OMG was down -37.35% for May.
The fourth on the list is NEO, which started out the month at $83.51 a coin and dropped to $53.02. NEO is down -36.51%, in May.
Monero is the last on this list starting out May at $241.96 a coin and dropped to $155.74. XMR is down -35.63% for the month.
Crypto in May – the Winners
There were only two coins out of the top 25 cryptocurrencies that didn’t have any losses for the rough month of May.
