If you bought synthetix (SNX) this time last year, you don’t need to read these words. You’re already rich after your moon bag lived up to its billing and pulled a 50x. Despite the era of undiscovered gems tapering off in 2018, there’s still a handful of tokens that achieve the impossible each year, making their holders ridiculously rich. Seele, synthetix, and link were among this year’s biggest winners. Which tokens will be next to 50x in 2020?
Also read: Lightning Network Wiki Page Faces Removal for Lack of Notability
Digging for for Diamonds in the Dirt
Glancing at this year’s best performing coins, as recorded by Coincodex, you could be forgiven for thinking astute investors were all presently sunning themselves on tropical islands, purchased with the proceeds from their ETM, with its 700 million percent gains.
The reality, of course, is less glamorous: there were few buy-and-hold winning trades this year, and the coins that proved profitable had actual tradable volume, unlike En-Tan-Mo and Dragonvein with their sick percentage gains but $0 market cap.
Filter Coincodex’s year-to-date (YTD) returns for the top 200 assets and the picture becomes clearer. Top of the heap, with an impressive 3,417% return, is seele, whose YTD chart looks like this:
Zoom out to when seele was issued the year before, however, and its chart looks like this:
As Bruce Wayne’s butler, Alfred, mused in The Dark Knight Rises: “There is a prison in a more ancient part of the world. A pit where men are thrown to suffer and die. But sometimes a man rises from the darkness. Sometimes the pit sends
