By market capitalization (not value of asset), all the cryptocurrencies are down by different percentages, except for VeChain (VEN) which has gained around 128% since January 1; starting the year with $636,456,000 and now holds $1,522,140,000, the reason why CNBC referred to the digital asset as the only survivor of this year’s cryptocurrency slaughter.
However, the price of VEN has been badly hit in 2018. VeChain started the year trading at $2.3 apiece, and rose a high of $8.28 by January 23, 2018. Since then it has been a story of decline. As at press time, the digital asset is trading at $2.3 apiece.VeChain was one of the few cryptocurrencies not affected by the huge market sell-off and regulatory crackdowns on digital assets that hit most the market in 2018, by no means a small feat.
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