Price Performance Analysis of Top 1000 Crypto Assets and Their Implications for Oxen

[venezuela01]

Price Performance Analysis of Top 1000 Crypto Assets and Their Implications for Oxen

The Oxen token price has fallen from its all-time high of $2.35 on April 23, 2021, to $0.79, registering a loss of 96.62%.

This study extracts price information from the top 1000 and top 100 crypto assets listed on CoinMarketCap and compares their current prices with their respective all-time highs.

Although analyzing market capitalization would offer a more accurate reflection of the value of crypto projects—especially inflationary tokens like Oxen—we opted for price data. Our marketcap data source from TokenInsight lacks a sufficiently long historical record to capture the peak in the last bull market. Therefore, we use token price as a proxy to measure value change.

Percentile Table for Top 1000 Crypto Assets

Percentile	Price Change Percentage
10th	-99.371
20th	-98.660
30th	-97.856
40th	-96.800
50th	-95.230
60th	-93.970
70th	-91.207
80th	-84.996
90th	-67.498

As the percentile table indicates, the majority of the top 1000 crypto assets have suffered substantial declines, with a median fall exceeding 95%. Oxen's decline of 96.62% aligns closely with the broader market.

Scatter Chart Analysis by Market Cap

After breaking down the data by each crypto asset's current market capitalization, we plotted a scatter chart comparing market cap with the percentage of price change. The chart reveals that most crypto assets exhibit uniformly poor performance, irrespective of their market cap. In other words, leading projects only slightly outperform the tail end of the top 1000 in terms of price changes.

Percentile Table for Top 100 Crypto Assets

Percentile	Price Change Percentage
10th	-97.173
20th	-95.952
30th	-93.648
40th	-92.136
50th	-88.245
60th	-84.228
70th	-70.579
80th	-61.396
90th	-26.198

Half of the top 100 assets have fallen more than 88% from their all-time highs.

It's worth noting that Oxen's performance isn't positive; its market cap ranking has dropped from around 500th from its peak to approximately 1000th at the moment. However, this study provides quantitative data that enables balanced decision-making. The price drop in Oxen should not be exclusively attributed to its privacy features. Instead, our analysis shows that Oxen's price decline is in line with the macroeconomic trends affecting the majority of crypto assets.

[venezuela01]

Top1000_CoinMarketCap_Sorted.csv

The data source was scraped from CoinMarketCap with minimal post-processing. It is attached for anyone interested in semi-independently validating the conclusions.

[venezuela01]

See also ORC-8

[Paul1804]

Price Performance Analysis of Top 1000 Crypto Assets and Their Implications for Oxen

The Oxen token price has fallen from its all-time high of $2.35 on April 23, 2021, to $0.79, registering a loss of 96.62%.

This study extracts price information from the top 1000 and top 100 crypto assets listed on CoinMarketCap and compares their current prices with their respective all-time highs.

Although analyzing market capitalization would offer a more accurate reflection of the value of crypto projects—especially inflationary tokens like Oxen—we opted for price data. Our marketcap data source from TokenInsight lacks a sufficiently long historical record to capture the peak in the last bull market. Therefore, we use token price as a proxy to measure value change.

Percentile Table for Top 1000 Crypto Assets

Percentile Price Change Percentage
10th -99.371
20th -98.660
30th -97.856
40th -96.800
50th -95.230
60th -93.970
70th -91.207
80th -84.996
90th -67.498
As the percentile table indicates, the majority of the top 1000 crypto assets have suffered substantial declines, with a median fall exceeding 95%. Oxen's decline of 96.62% aligns closely with the broader market.

Scatter Chart Analysis by Market Cap

After breaking down the data by each crypto asset's current market capitalization, we plotted a scatter chart comparing market cap with the percentage of price change. The chart reveals that most crypto assets exhibit uniformly poor performance, irrespective of their market cap. In other words, leading projects only slightly outperform the tail end of the top 1000 in terms of price changes.

Percentile Table for Top 100 Crypto Assets

Percentile Price Change Percentage
10th -97.173
20th -95.952
30th -93.648
40th -92.136
50th -88.245
60th -84.228
70th -70.579
80th -61.396
90th -26.198
Half of the top 100 assets have fallen more than 88% from their all-time highs.

It's worth noting that Oxen's performance isn't positive; its market cap ranking has dropped from around 500th from its peak to approximately 1000th at the moment. However, this study provides quantitative data that enables balanced decision-making. The price drop in Oxen should not be exclusively attributed to its privacy features. Instead, our analysis shows that Oxen's price decline is in line with the macroeconomic trends affecting the majority of crypto assets.

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