EOS, TRX, ADA: April’s Crypto Winners Saw Over 100% Gains

Alternative cryptocurrencies shone brightly in April, as the markets regained poise following a miserable first quarter. In a sign of that recovery, the value of the total crypto market increased by 63 percent to $431 billion, according to CoinMarketCap, and as the final tallies prove, there were gains to be had for savvy traders willing to shoulder the risk. While bitcoin appreciated by 32 percent, the bitcoin dominance rate, which tracks the largest cryptocurrency's share of the total market, fell from 45 percent to 36.9 percent. Still, big-name coins like ethereum (ETH), Ripple (XRP) and litecoin (LTC) more or less flatlined, indicating money was likely rotated out of large-cap cryptocurrencies and into shallower markets. And as the data shows, some coins with smaller market caps saw big benefits from the decline. Monthly top performers EOS Monthly performance: +193 percentAll-time high: $22.89Opening price on April 1: $6.00Closing price on April 30:…

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