3 Top Cryptocurrencies Of June 2021
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Investment
oi-Roshni Agarwal
For the month of June, majority of the cryptocurrencies logged losses, but despite the volatility that stood out in this asset class during the month, you may want to know about the cryptocurrency which performed the best or saw the lowest losses. Here’s the complete list of top 3 cryptocurrency assets as sourced from the Coindesk- the blockchain news outlet that has compiled a list of top 20 crypto assets.

1. Bitcoin (BTC):
It may be surprising for some crypto enthusiast and stakeholders but the largest cryptocurrency has stood as the best performing crypto for the period under review i.e. June 2021. Though the market expectations such as imminent Death cross event spooked the crypto to again below $US 30000, it managed to end the June month higher.
2. Algorand (ALGO):
This is an open-sourced, decentralized blockchain capitalizing on two-tiered structure and is aimed at increasing speeds as well as realizing finality. The blockchain network makes use of Proof-of-Stake (PoS) consensus mechanism. For the month of June, ALGO loggest second lowest losses of more than 4 percent as per the Coindesk Research and the crypto last quoted at a price of $0.8451.
3. Filecoin (FIL):
The open-source cryptocurrency and digital payment solutions fell in value by over 14% or close to 15%. The cryptocurrency has been mined aiming to be a digital storage as well as data retrieval method. Developed by Protocol Labs, the Filecoin crypto allows users to rent unused space in the hard drive. As per Coinbase portal, the 24 hour change in the crypto has been down by 8 percent and quotes at $4205.
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Story first published: Thursday, July 1, 2021, 13:05 [IST]
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