Bitcoin (BTC) ends a third consecutive month in the green, while other crypto currencies in the market print even stronger performances. Let’s take a look at the 5 best performing digital assets in March 2023.
The 5 best performing cryptos in March
The monthly close of March is fast approaching and Bitcoin (BTC) is poised to register a third consecutive green candle. With a 22% rise in 30 days, the king of digital assets has given the cryptocurrency market a bullish boost.
Thus, let’s find out together the ranking of the 5 best performing cryptocurrencies in the month of March 2023. Note that we only focus on the top 300 most capitalized assets.
Top 5 best performing cryptocurrencies in March 2023
5 – Conflux (CFX)
With a performance of 115% in the space of 30 days, Conflux CFX is now evolving in the 59th place of the most capitalized cryptocurrencies. The reason for this is the recent rumors surrounding China’s interest in Web3 and cryptocurrencies.
Note that Conflux was already present in the top 5 cryptocurrencies of February, with a performance of 300%. Simply put, Conflux is a hybrid blockchain, halfway between Proof Of Work (PoW) and Proof Of Stake (PoS). The project has a series of collaborations, from XCMG to China Telecom, China’s second largest telephone operator.
4 – TraderJoe (JOE)
In 4th position of this ranking and with a performance of 151%, we find TraderJoe’s JOE, a decentralized exchange platform. This one is compatible with the Avalanche, BNB Chain and especially Arbitrum blockchains.
Indeed, with the recent airdrop of ARB tokens from Arbitrum, TraderJoe has been particularly used and its native token has taken advantage of it to print a quite remarkable performance over the last 30 days.
3 – Kaspa (KAS)
On the 3rd step of this podium, we find Kaspa (KAS). With an increase of 172%, KAS is now in 86th place of the most capitalized cryptocurrencies on the market. This rise follows in particular a listing of the token on the centralized exchange platform Hotbit.
2 – inSure DeFi (SURE)
With an increase of 212%, inSure DeFi (SURE) is now in the 185th position of the most capitalized cryptocurrencies. In a few words, the SURE token contributes to the development of insurance that meets the needs of the market, to serve applications around decentralized finance (DeFi), NFTs or metavers.
1 – FUBT Token (FUC)
Finally, with an exceptional performance of 5,089%, the first place in this ranking is held by FUBT Token’s FUC. Specifically, FUBT is a centralized cryptocurrency exchange platform based in Hong Kong.
As we recently reported on TCN, Hong Kong is reopening up to the cryptocurrency ecosystem. Furthermore, China is reportedly quietly validating the ambitions of the autonomous territory. Thus, many assets related to Asia and more specifically to Hong Kong have benefited from this craze.
