Cointelegraph looks back on the best and worst-performing cryptocurrencies of 2022 among the top 100 assets by market capitalization.
GMX (GMX) YTD return: 111% Sector: Decentralized exchange Market Cap: $379.4 million GMX acts as a utility and a governance token within the GMX decentralized exchange (DEX) ecosystem and is the best-performing digital asset among the top 100 coins (excluding stablecoins).
The token suffered losses in 2022, but at -3.5%, they were little compared to most top coins, including Bitcoin (BTC) and Ether (ETH), which lost over 65% in the same period.
For instance, in October, Telegram announced that it would employ the Open Network to auction usernames.
Source: Cointelegraph