{"id":520535,"date":"2023-02-22T12:50:07","date_gmt":"2023-02-22T12:50:07","guid":{"rendered":"https:\/\/wncen.com\/?p=520535"},"modified":"2024-06-11T07:10:08","modified_gmt":"2024-06-11T07:10:08","slug":"small-cap-altcoins-king-outperform-bitcoin","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/small-cap-altcoins-king-outperform-bitcoin\/","title":{"rendered":"Small Cap Altcoins Still Crypto Market Kings, Massively Outperform Bitcoin"},"content":{"rendered":"
Small cap altcoins have continued to perform the best out of all the indexes recently, while Bitcoin has accumulated the least returns.<\/p>\n
According to the latest weekly report from Arcane Research<\/a>, the small caps’ outperformance has been fueled by Asia-related tokens. The “altcoin indexes<\/a>” refer to groups of alts divided based on their market caps.<\/p>\n The indexes, three in total, are based on the Bletchley Indexes and together they represent the top 70 coins in the sector. The “large caps” index is made up of the 10 largest tokens, while the mid caps are the next 20, and the small caps account for the remaining 40.<\/p>\n The main advantage of grouping altcoins like this is that the combined performance of the different sides of the market can be easily compared against each other this way.<\/p>\n Now, here is a chart that shows how the three altcoin indexes (and Bitcoin<\/a>) have done during the last 30 days:<\/p>\n <\/p>\n As displayed in the above graph, overall, all altcoin indexes have performed well in the last month as they have all amassed double-digit gains during the period. But the performance has certainly not been even across these groups.<\/p>\n The small caps have maintained the greatest returns throughout the last 30-day period, but the gap between them and the rest has especially widened during the past week or so.<\/p>\nLooks like the small caps have done significantly better than the rest in recent days | Source: Arcane Research's Ahead of the Curve - February 21<\/a><\/pre>\n