Hundreds of Percent Increase: These Are the Most Profitable Cryptocurrencies of Early 2022

Cryptocurrency investors are still reeling from the collapse of Terra (LUNA) coin last week. The value of the Terra cryptocurrency plummeted to near zero in a matter of days.

Terra asset holders suffered trillions of rupiah in losses after the LUNA coin became virtually worthless, falling below US$1. Previously, LUNA was a leading cryptocurrency asset, with its price reaching US$116 per coin.

However, not all cryptocurrency performance has been negative. Some crypto assets have yielded substantial profits for investors over the past year. STEPN (GMT) is one of the most successful, providing a tenfold return for investors in the last year.

According to CoinBase data, as of 08:57 WIB on May 20, 2022, the price of GMT was Rp22,882.35 per coin. This represents a 911.1% increase year-on-year (YoY).

ApeCoin (APE) also saw a significant rise, surging 752.25% (YoY) to Rp122,102.94 per coin. SHPING (SHPING) soared over 700% (YoY) to Rp154.14 per coin, Gala (GALA) increased by 601% (YoY) to Rp1,270 per coin, and Axie Infinity (AXS) rose 371.36% (YoY) to Rp321,880.27 per coin.

Other cryptocurrencies that experienced significant growth in the past year include The Sandbox (SAND), up 330.66% (YoY) to Rp19,400 per coin; Alchemy Pay (ACH), up 299.65% (YoY) to Rp241 per coin; Green Satoshi, up 224.45% (YoY) to Rp43,747.59 per coin; Polyswarm (NCT), up 207.91% to Rp497.69 per coin; and Aventus (AVT), which strengthened by 150.45% to Rp1.91 million per coin.

These ten crypto assets have generated significant returns for investors over the past year. However, investors must remain cautious, as the experience of Terra LUNA holders demonstrates.

The higher the potential profit in investment, the higher the risk. Therefore, investors must be wise in choosing their investment portfolio and assess the level of risk involved.